Non-residential building stable in Alberta

CALGARY, AB, Jan. 17, 2013/ Troy Media/ – Yesterday we showed how investment in residential construction has held up quite well in Alberta. But housing is only part of the total equation in the construction sector. Non-residential construction also accounts for a large portion of building activity – and here, the story is “steady as she goes.”

The total value of non-residential construction in Alberta was $2.31 billion in the fourth quarter of 2012. That is essentially unchanged from the third quarter, but over the entire year it is 3.0 per cent higher than 2011.

Read more: http://tinyurl.com/b53of4l

 

Alberta economic snapshot for Jan. 12, 2013

CALGARY, AB, Jan. 12, 2013/ Troy Media/ – Both Canada and Alberta are trading economies — and that means there’s a lot riding on the value of our exports to the rest of the word.

In November, international exports from Alberta slipped a bit to $7.6 billion, down from $8.1 billion in October. For the entire Canadian economy, global exports were also down. According to Statistics Canada  “Exports declined to $37.5 billion, as prices were down 1.3 per cent. Exports of farm, fishing and intermediate food products as well as metal and non-metallic mineral products contributed the most to the overall decline.”

Read more: http://tinyurl.com/bpc5ukc

 

Alberta’s commercial building accounts for almost a quarter of all commercial spending in Canada

CALGARY, AB, Dec. 3, 2012/ Troy Media/ – Alberta created more jobs in the construction sector over the last year than any other single sector. And those construction workers weren’t busy building only houses.

Spending on non-residential construction in Alberta is holding steady. Statistics Canada reports non-residential construction in three categories: commercial (office towers, shopping centres, etc.), industrial (warehouses, manufacturing, refineries, etc.) and institutional and government (schools, hospitals and infrastructure).

Read more;  http://tinyurl.com/bn4zvt9  

Alberta economic snapshot for Nov. 24, 2012

CALGARY, AB, Nov. 24, 2012/ Troy Media/ – Aside from the unemployment rate and data reporting new jobs created, another important indicator of the labour market is Statistics Canada’s report on Employment Insurance beneficiaries. The latest numbers confirm what most of the other labour reports are showing: Alberta is still the place to be for job seekers.

Read more:  http://tinyurl.com/d6xs4es