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Alberta’s municipalities are recovering from the recession

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The 2015/2016 recession resulted in rapidly rising unemployment and a surge in the number of Employment Insurance (EI) beneficiaries in Alberta. Last year’s wildfires also led to a sharp increase... More ≫

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The 2015/2016 recession resulted in rapidly rising unemployment and a surge in the number of Employment Insurance (EI) beneficiaries in Alberta. Last year’s wildfires also led to a sharp increase in EI beneficiaries in the Wood Buffalo area. The Alberta economy is bouncing back from the recession and most economic forecasting agencies are expecting it to lead the nation in economic growth this year. This commentary examines trends in EI numbers to see how well Alberta’s municipalities are bouncing back from the recession.

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How Alberta’s consumers are faring in the current economic slowdown : an update

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The sharp deterioration in crude oil prices of the past two years has not only had impacts on Alberta’s business sector and on government finances, but is also affecting Alberta’s consumers as... More ≫

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The sharp deterioration in crude oil prices of the past two years has not only had impacts on Alberta’s business sector and on government finances, but is also affecting Alberta’s consumers as they are less confident about their job situation and are cutting back on their household purchases as a result.

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How the current slowdown is affecting Alberta’s municipalities – September update

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The current economic recession has resulted in rapidly rising unemployment and a surge in the number of Employment Insurance beneficiaries in Alberta. The hardest hit municipalities are those that... More ≫

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The current economic recession has resulted in rapidly rising unemployment and a surge in the number of Employment Insurance beneficiaries in Alberta. The hardest hit municipalities are those that depend on the oil and gas services sector which saw the largest employment losses during the past year or on sectors that in turn depend on the oil and gas sector such as construction, manufacturing and engineering services. The wildfires in the Wood Buffalo area have led to sharp increases in EI beneficiaries in May and June.

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How the current slowdown is affecting Alberta’s municipalities – June update

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The current economic slowdown has resulted in rapidly rising unemployment in Alberta. The hardest hit municipalities are those that depend on the oil and gas services sector which saw the largest... More ≫

Description

The current economic slowdown has resulted in rapidly rising unemployment in Alberta. The hardest hit municipalities are those that depend on the oil and gas services sector which saw the largest employment losses during the past year or on sectors that in turn depend on the oil and gas sector such as construction, manufacturing and engineering services.

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