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43 results

Organizations: Advanced Education Publication Type: Fact Sheet

Views: 3
Last Modified

September 30, 2015

Description

The current economic slowdown has resulted in rapidly rising unemployment in Alberta this year. The hardest hit municipalities are those that depend on the oil and gas services sector which has seen the largest employment losses this year.


Views: 12
Last Modified

August 25, 2015

Description

In 2014, Alberta’s the chemicals and petroleum refining (CPR) sector had total revenues of $35.6 billion, accounting for 45% of total manufacturing revenues. Although this sector’s revenues rose by two-thirds between 2004 and 2014, they are sharply lower in 2015 as lower crude oil prices get...


Views: 16
Last Modified

August 17, 2015

Description

Between 2004 and 2014, Alberta’s international merchandise exports rose 91% to a record $121.4 billion. By comparison, exports from the rest of Canada rose only 15% over the same period. Although higher prices and volumes of crude oil exports were the main drivers of Alberta’s export growth, the...


Views: 2
Last Modified

July 21, 2015

Description

Capital investment has been the largest contributor to Alberta’s economic growth since the mid-nineties. In 2014, total investment grew by an estimated 0.4% to $92.1 billion with a decrease in the transportation sector being offset by growth in other sectors such as manufacturing and healthcare....


Views: 21
Last Modified

June 30, 2015

Description

International exports are one of the main drivers of the Alberta economy and the majority of Alberta exports are destined for the U.S. Therefore, the recent weakening of the Canadian dollar and the strong U.S. economy should benefit those Alberta sectors that are oriented towards exports to the U.S.


Views: 2
Last Modified

June 1, 2015

Description

In 2014, the value of Alberta’s merchandise exports was a record $121.4 billion, up 17.9% from 2013, mainly as a result of strong growth for oil and gas. The recent drop in oil prices has led to a sharp decline in total exports in the first quarter and does not bode well for Alberta’s export...


Views: 7
Last Modified

April 10, 2015

Description

Revenues in Alberta’s manufacturing industry increased 7.6% in 2014. However, sharply lower sales in its largest sector, refined petroleum products, are starting to impact overall manufacturing revenues.


Views: 2
Last Modified

January 14, 2015

Description

Alberta’s building products sector was hit hard by the global economic recession and especially by the US housing crisis that started prior to that. Revenues in this sector have bounced back since then and have now surpassed their pre-crisis high.


Views: 7
Last Modified

November 18, 2014

Description

According to a number of labour indicators, Alberta’s labour market has continued to perform well in 2014. Nevertheless, Alberta’s labour market has remained fairly balanced as a result of the large number of workers that enter the province from other provinces and other countries because of...


Views: 12
Last Modified

October 31, 2014

Description

In the first half of 2014, the value of Alberta’s merchandise exports increased by 21.6% compared to the same period of 2013, mainly as result of rising natural gas prices and higher crude oil volumes and prices.