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Capital investment in Alberta is anticipated to decline in 2015

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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... More ≫

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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. For 2015, capital investment is expected to become a drag on economic growth as energy investment declines.

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Oil sands projects drive Alberta’s investment growth

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Capital investment has been the largest contributor to Alberta’s economic growth since the mid nineties. In 2013, total investment grew by an estimated 8.6%, in part due to surging oil sands... More ≫

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Capital investment has been the largest contributor to Alberta’s economic growth since the mid nineties. In 2013, total investment grew by an estimated 8.6%, in part due to surging oil sands investment. For 2014, investment is not expected to be a major driver of economic growth as energy investment growth moderates.

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Alberta’s oil and gas supply chain industry

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Over the past 25 years, the two fastest growing manufacturing sectors in Alberta are the industrial machinery and fabricated metals sectors. Their success is closely tied to Alberta’s oil and gas sector. More ≫

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Over the past 25 years, the two fastest growing manufacturing sectors in Alberta are the industrial machinery and fabricated metals sectors. Their success is closely tied to Alberta’s oil and gas sector.

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Investment growth in Alberta is expected to weaken in 2013

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Capital investment has had the largest impact on Alberta’s economic growth since the mid nineties. The rapid growth in investment since 1996 as well as the large decline during the recession and... More ≫

Description

Capital investment has had the largest impact on Alberta’s economic growth since the mid nineties. The rapid growth in investment since 1996 as well as the large decline during the recession and subsequent resurgence can be largely attributed to strong energy prices and technological breakthroughs. For 2013, investment is not expected to be a major driver of economic growth as energy investment weakens.

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