All Resources

Alberta’s exports sharply lower in 2015

Description

In the first eight months of 2015, the value of Alberta’s merchandise exports has fallen sharply by 21.3% compared to the same period of 2014, mainly as result of falling prices for crude oil and... More ≫

Description

In the first eight months of 2015, the value of Alberta’s merchandise exports has fallen sharply by 21.3% compared to the same period of 2014, mainly as result of falling prices for crude oil and natural gas.

Tags

Chemicals and petroleum refining is by far the province’s largest manufacturing sector

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... More ≫

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 reflected in lower prices for refined petroleum products.

Tags

Alberta’s international exports by industry : a 10-year review, 2004 to 2014

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... More ≫

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 manufacturing sector and especially the agricultural sector also made sizeable contributions to overall export growth.

Tags

Capital investment in Alberta is anticipated to decline in 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... More ≫

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

Tags

The weak Canadian dollar and strong U.S. economy benefit Alberta exporters

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... More ≫

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.

Tags

Lower crude oil prices are starting to impact Alberta’s merchandise exports

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... More ≫

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 performance in 2015.

Tags

Declining sales of petroleum products are impacting Alberta’s manufacturing industry

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. More ≫

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.

Tags

Alberta’s building products sector is on the road to recovery

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... More ≫

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.

Tags

How is Alberta’s labour market performing in 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... More ≫

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 Alberta’s booming economy.

Tags

Alberta’s exports up sharply in 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... More ≫

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.

Tags