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Capital investment in Alberta to decline again in 2016

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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 capital investment is expected to remain a drag on economic growth in 2016 as energy investment continues to decline.

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Real Gross Domestic Product per Hour Worked (Business Sector), Canada and Provinces

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This Alberta Official Statistic compares the Real Gross Domestic Product per hour worked (Chained 2007 dollars) in the business sector for Canada and all provinces for the years 2007 to 2014. It... More ≫

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This Alberta Official Statistic compares the Real Gross Domestic Product per hour worked (Chained 2007 dollars) in the business sector for Canada and all provinces for the years 2007 to 2014. It presents current information on labour productivity in Alberta and compares it with that of other provinces.

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International travel final report : Minister Deron Bilous' mission to Silicon Valley, California, April 2-5, 2017

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Reports on the travel of the Honourable Deron Bilous, Minister of Economic Development and Trade to California, in collaboration with Calgary Economic Development, to promote Alberta's advanced... More ≫

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Reports on the travel of the Honourable Deron Bilous, Minister of Economic Development and Trade to California, in collaboration with Calgary Economic Development, to promote Alberta's advanced technology industries, and pursue potential investment opportunities in the high-tech sector.

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Alberta’s international exports by industry : a 10-year review, 2005 to 2015

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Between 2005 and 2015, Alberta’s international merchandise exports rose 21% to $92.3 billion. By comparison, Alberta exports rose 91% between 2004 and 2014. The much lower 10-year growth rate for... More ≫

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Between 2005 and 2015, Alberta’s international merchandise exports rose 21% to $92.3 billion. By comparison, Alberta exports rose 91% between 2004 and 2014. The much lower 10-year growth rate for 2015 is the result of sharply lower oil and gas prices in 2015.

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Alberta’s labour productivity declined in 2016

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The 2015/2016 recession and the Fort Mc Murray forest fires caused Alberta’s labour productivity to decline again in 2016 as companies saw output tumble that year. As a result, the 5-year... More ≫

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The 2015/2016 recession and the Fort Mc Murray forest fires caused Alberta’s labour productivity to decline again in 2016 as companies saw output tumble that year. As a result, the 5-year productivity growth rate fell to an increase of only 0.5% per year between 2011 and 2016.

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Refining, petrochemical & biochemicals

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Presents information about refining opportunities in the petrochemicals and biochemicals sectors.

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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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International travel final report : Minister Bilous mission to Asia, March 18-31, 2016

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Reports on the travel of the Honourable Deron Bilous, Minister of Economic Development and Trade to Hong Kong, China and Korea , to help the Government of Alberta deliver on its international... More ≫

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Reports on the travel of the Honourable Deron Bilous, Minister of Economic Development and Trade to Hong Kong, China and Korea , to help the Government of Alberta deliver on its international priorities, including diversifying markets for products and services in the energy, environment, agriculture and innovation sectors.

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International travel final report : Minister Deron Bilous' mission to Washington, D.C, February 3-5, 2016

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Reports on the travel of the Honourable Deron Bilous, Minister of Economic Development and Trade, to Washington, D.C. The purpose of the trip was to re-establish links with the United States... More ≫

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Reports on the travel of the Honourable Deron Bilous, Minister of Economic Development and Trade, to Washington, D.C. The purpose of the trip was to re-establish links with the United States government, explore economic development opportunities, and promote renewed Alberta-U.S. relations on a variety of files.

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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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