Tag Archives: Business – Energy

Alberta economic snapshot for February 9, 2013

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CALGARY, AB, Feb. 9, 2013/ Troy Media/ – The monthly Labour Force Survey from Statistics Canada is a closely watched gauge of how well the economy is performing, and yesterday’s report did not disappoint in Alberta.

After a one-month pullback in December, the provincial job market rebounded with a gain of 9,700 new positions in January (seasonally adjusted). Even better, almost all of these (8,600) were in full-time positions. Because more people entered the workforce – many of them new arrivals from other provinces – the unemployment rate remained unchanged at 4.5 per cent.

Read more: http://tinyurl.com/bxkxq7b

 

Alberta economic snapshot for Jan. 12, 2013

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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 economic snapshot for Dec. 1, 2012

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CALGARY, AB, Dec. 1, 2012/ Troy Media/ – The woes in the global economy kept mounting in the third quarter of 2012. A crush of bad news from Spain, the United States, and even China has weighed down the world’s economic growth – and Canada was not immune.

Yesterday morning Statistics Canada reported that inflation-adjusted gross domestic product (GDP) advanced by only 0.1 per cent in the third quarter compared to the second quarter. On an annualized rate (that is, the growth expected over an entire year at this pace) growth was a mere 0.6 per cent. That was the slowest rate of growth in over a year. The sluggish growth in Canada was mostly the result of declines in exports and business investment.

Read more:  http://tinyurl.com/cmn2o73