Alberta Economy

• Relief for Albertans? Bank of Canada expected to cut interest rates this summer: ATB

  According to ATB's chief economist, consumers can expect some relief from rising interest rates this summer.

  Economy

  Apr 10
  
• CAPP forecasts slight increase in Canadian oil and gas capital spending in 2024

  The industry group representing Canada's oil and gas producers says capital investment in the sector will edge slightly higher in 2024.

  Economy

  Feb 27
  
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• Environmental and labour groups make plea for sustainable jobs bill to pass

  Environmental groups and labour organizations are pleading with the federal government to end a political stalemate over its forthcoming sustainable jobs bill.

  Economy

  Feb 26
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• Is Alberta ready for population growth?

  The Alberta Medical Association says the population boom raises concerns there will not be enough resources for people to access safe and timely health care.

  Economy

  Feb 11
• Enbridge to cut 650 jobs due to ‘increasingly challenging business conditions’

  Enbridge spokeswoman Gina Sutherland confirmed the cuts in an email Tuesday, adding the company aims to complete the job reductions by March 1.

  Economy

  Jan 30
• Report shows $141M spent in Alberta for ‘The Last of Us’ TV show

  According to a new report by Oxford Economics, $141 million was spent across Alberta to ensure 'The Last of Us' became a reality, making it the largest series filmed in Canada.

  Canada

  Nov 30, 2023
• Smith, Freeland announce new $8.9B Dow investment in Alberta

  Fort Saskatchewan will be home to Dow's Path2Zero facility, the world’s first net-zero Scope 1 and 2 greenhouse gas emissions integrated ethylene cracker and derivatives site.

  Economy

  Nov 29, 2023
• The Last of Us production spent more than $140M across Alberta: release

  According to a release by the Motion Picture Association (MPA) Canada, $71 million was used to support wages and salaries for local cast, crew and production personnel.

  Economy

  Nov 27, 2023
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• Calgary’s economy expected to fare better than rest of Canada, with some headwinds

  Stephen Poloz, former governor of the Bank of Canada and one of the speakers at Wednesday’s announcement, warned against being overconfident with the projections.

  Canada

  Nov 2, 2023
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• Alberta to debate Canada Pension Plan, says it deserves half if it leaves

  The reports finds Alberta would be entitled to more than half the assets of the CPP -- $334 billion -- if it were to exit the national retirement savings program in 2027.

  Canada

  Sep 21, 2023