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.
So how will Canada fare with employment, oil prices and housing in 2015? Top economists share their views for the year ahead. Employment Doug Porter, chief economist at BMO Capital Markets believes that 2015 will see only a little improvement in the job market. “Through much of 2013 and 2014 the jobless rate was seemingly
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