Alberta Economy

By
Services for Real Estate Pros with Glenn Simon Inc.

If you read some of the news, it's time to batten the hatches an look for cover.

 

It’s going to be a really brutal year for Alberta’s economy — but next year should be better


Oil-price drop has put Alberta’s economy into ‘tailspin,’ Conference Board of Canada says

 

Then others say the worst is passing but it's not totally over.

 

“The parade of bad news has been stemmed a little bit. We’re no longer hearing week after week of these layoffs and all kinds of things we were hearing back in January and February,” said Hirsch. “We still might hear about more. In fact, I’d be surprised if we don’t.

“There’s probably still more weakness to come but I think the worst of the bad news is probably already behind us.”  Todd Hirsch, chief economist with ATB Financial

 

To see the most important indicators of Alberta's economy take a look at the Economic Dashboard

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