Alberta Economics

Why Invest in Alberta, Canada?

Alberta has been repeatedly ranked as the number one economy in North America and the future looks bright as world energy demands in 2050 are forecast to be triple those of 2010. With the third largest oil reserves on the planet, Alberta will play a key part in meeting world energy demands both now and in the future. Many nations including the United States, Russia, China and India have invested billions of dollars into the development of Canada’s Oilsands. This is a long term trend which will witness over two trillion dollars of investment capital going to Alberta energy projects through 2035.

With a world class financial system which came through the global economic crisis of 2008 virtually unscathed, banking in Canada is widely considered extremely efficient and safe. If the economic corridor between the two largest cities were a separate country, it would have one of the largest GDP per capita on earth. Alberta’s capital city of Edmonton is an economic powerhouse and the closest metropolis to the world famous oilsands. The Economist magazine declared the largest city of Calgary to be in the top five places to live in the world for 2010-2019 based on metrics that weigh stability, healthcare, culture, environment, education and a city’s infrastructure. Canada has a commodity based currency whose appeal is backed by a growing world demand for oil which is largely based in Alberta. Furthermore, Alberta has no regional sales tax, a high credit rating since 2001 and a highly skilled workforce with average incomes substantially higher than the rest of the country.

For more information, please visit these websites:

Wikipedia’s Economic Summary of Alberta

Alberta credit rating

Alberta’s oilsands 

Government of Alberta’s Economic Summary

Canadian Association of Petroleum Producers

Alberta Supernet

Alberta Economic Dashboard

Alberta’s Industrial Heartland

Alberta Foothills

RBC Provincial Trends: Alberta

Travel Alberta

Immigrating to Alberta, Canada

Investing in Alberta

Canada Mortgage and Housing Corporation

Real Property Reports

Alberta Landlords Association 

Local Economic Development contacts






Edmonton (City):  

Fort McMurray:

Fort Saskatchewan:

Grande Prairie:

High River:


Medicine Hat:


Peace River:

Red Deer:

Sherwood Park:

St. Albert:

Strathcona County:

Sturgeon County:

Sylvan Lake:  

Stony Plain: