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Alberta’s engineering sector

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This issue of the Economic Commentary series contains a profile of Alberta’s engineering sector, which is the largest in the country. The success of the sector is closely tied to Alberta’s oil and... More ≫

Description

This issue of the Economic Commentary series contains a profile of Alberta’s engineering sector, which is the largest in the country. The success of the sector is closely tied to Alberta’s oil and gas sector.

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Capital investment in Alberta to decline again in 2017

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Capital investment was the largest contributor to Alberta’s economic growth between the mid-nineties and 2014. However, low oil and gas prices resulted in declining capital investment in Alberta... More ≫

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Capital investment was the largest contributor to Alberta’s economic growth between the mid-nineties and 2014. However, low oil and gas prices resulted in declining capital investment in Alberta in 2015 and 2016. Although rising oil and gas prices are expected to lead to some improvement for the conventional oil and gas sector, capital investment in most other sectors is expected to remain weak this year.

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The number of job vacancies in Alberta dropped sharply during the current recession

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As employment has fallen and unemployment levels have risen during the current recession the number of job vacancies has fallen sharply in Alberta: they fell 39% between the second quarter of 2015... More ≫

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As employment has fallen and unemployment levels have risen during the current recession the number of job vacancies has fallen sharply in Alberta: they fell 39% between the second quarter of 2015 and the second quarter of 2016.

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