Alberta exports to jump 12% in 2013: EDC

CALGARY — Export Development Canada’s forecast for Alberta’s export growth calls for a substantial gain of 12 per cent in 2013 after recording a seven per cent gain this year.

“Alberta exports will be firing on all cylinders in 2013,” said Peter Hall, chief economist at EDC. “Crude oil, most agricultural commodities and a number of industrial goods will post gains next year, driving Alberta’s total exports to over $100 billion.”

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Alberta economic snapshot for Oct. 13, 2012

CALGARY, AB, Oct. 13, 2012/ Troy Media/ – Exports are vital to the economic health of both Canada and Alberta, and the need for both jurisdictions to wean themselves off the heavy reliance on the U.S. has become a topic of national dialogue and debate. Indeed, with over 87 per cent of Alberta’s provincial exports moving south of the border, the province’s trade dependence with one country can be a worry.

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