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2011 is Alberta's year - TD Bank

By
Services for Real Estate Pros with Glenn Simon Inc.

"Alberta’s economy will lead the nation next year, according to a report released today by TD Economics.

The bank’s Canadian Economic Outlook report said the province’s real Gross Domestic Product growth will be 3.5 per cent in 2011 after a 2.8 per cent hike in 2010.

In 2009, during the recession, Alberta’s economy contracted by an estimated 4.9 per cent from the previous year.

TD Economics is forecasting real GDP growth of 3.6 per cent this year and 2.5 per cent in 2011 for the entire Canadian economy.

In 2009, Canada’s economy contracted by 2.9 per cent."Read more