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Alberta’s merchandise exports fell sharply in 2015 because of lower oil and gas prices

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In 2015, the value of Alberta’s merchandise exports fell sharply by 24% to $92.3 billion as a result of much lower prices for oil and gas.

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Alberta’s merchandise exports fell again in 2016 because of lower oil and gas prices

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After a 24% drop in 2015, the value of Alberta’s merchandise exports fell by a further 14.6% in 2016 to $78.9 billion as much lower prices for oil and gas led to lower export revenues for oil and... More ≫

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After a 24% drop in 2015, the value of Alberta’s merchandise exports fell by a further 14.6% in 2016 to $78.9 billion as much lower prices for oil and gas led to lower export revenues for oil and gas as well as for the manufacturing sectors that depend on the oil and gas sector.

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The contribution of the energy sector to the Alberta economy

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The fact sheet Highlights: - The energy sector contributes directly to nearly one quarter of provincial gross domestic product (23%). - The contribution share rises to 29 percent when including... More ≫

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The fact sheet Highlights: - The energy sector contributes directly to nearly one quarter of provincial gross domestic product (23%). - The contribution share rises to 29 percent when including construction from the energy sector. - The contribution share rises further to 42 percent, when including all upstream linkages.

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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 ≫

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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 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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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 – an 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 in 2015.

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