Alberta, an oil- and gas-rich western province, has been was responsible for entire Canada’s net employment growth in the past 12 months, adding 81,800 jobs while the rest of Canada lost 9,500. The trade surplus in Alberta stood at C$7.4 billion ($6.9 billion) in May, and made up for the deficit rung up everywhere else.
Canada’s oil-producing provinces have been ranked among the world’s top economic performers in a newly released think-tank report. Each year, the Conference Board of Canada ranks 16 of the world’s richest countries in terms of economic performance, based on factors such as growth and employment rates. This year, however, the Canadian think-tank not only analyzed