Alberta Growth is Leading the Country in 2014!!

Real Estate Agent with Re/Max First

Alberta to lead economy growth Alberta Growth is Leading the Country in 2014!!

Alberta economy will lead the Nation next year with a forecast growth of 4.0% according to the latest report released this month by RBC Economics!

This year Alberta ranked the second Canadian province in Real Gross Domestic Product growth with 3.0% behind Newfoundland & Labrador that saw 5.1% growth.  in Canada, the employment growth will improve to 1.5% this year and 1.3% in 2014, compared to the 1.2% in 2012.  

Unemployment rates in Alberta,  are expected to fall to 4.4% this year and 4.5% next year, from the previous 4.6% in 2012. The rates are just below Saskachewan's rate of 4.3% (for both 2013 & 2014). Saskatchewan is leading the country in 2013 and 2014 as the province with the lowest unemployment rate in Canada!

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Comments (2)

Tracy Oliva
West USA Realty - Arizona - Fountain Hills, AZ
The Oliva Team Arizona Agents

Great news Ryan and Sheri.. Best of luck to you!!! -Tracy

May 01, 2013 09:43 AM
Ryan & Sheri MacDonald
Re/Max First - Calgary, AB
Calgary Home Team

Thanks for the comment Tracy...The real estate market has been very strong this year and looks like it will continue to be like that for the rest of 2013.

May 28, 2013 07:57 AM