Economic recession around 2009 affected business activity, but resulted in a broader decrease in electricity demand According to a National Energy Board, average daily electricity demand in Ontario fell considerably between 2002 and 2016. The [Read more]
For third year in a row, Canada’s non-energy merchandise exports are on track to record almost no growth While the Canadian economy was firing on all cylinders in 2017, the pace of growth tapered off [Read more]
Calgary unemployment rate down from a 22-year high of 9.4% in 2016 to 8.7% last year Economic growth is set to moderate in Calgary and Edmonton this year, with the cities expanding by 2.5 per [Read more]
US domestic market can only absorb 1/4 of extra 4 million b/d of US light crude expected to enter market in 2023 As tight-oil production continues to grow, the US is positioning itself as a [Read more]
Alberta’s unemployment rate will drop close to 6% by the end of 2018 British Columbia and Alberta will still be performing well this year and will be joined by Prince Edward Island, and Newfoundland and Labrador [Read more]
Nearly 90,000 full-time jobs created in Alberta over last year Alberta’s economy is leading the country with growth in nearly all sectors. In the third-quarter fiscal update, GDP growth is revised up to 4.5 per [Read more]
Seven Generations Energy building a natural gas processing facility in Montney Kakwa River area Editors note: In an interview with Seven Generations, they stated that the natural gas processing facility is already under construction, and [Read more]
“Canada has a unique opportunity to leverage its AI moment globally to shape AI’s future” By Danielle Goldfarb, Senior Fellow Global Commerce Centre, and Candice Faktor, Founder, Faktory Ventures In Jan. 2018, both Microsoft’s and Alibaba’s deep-learning software did better [Read more]
Canadian oil and natural gas investment dropped 19% in 2017 from previous year levels A new economic report released by the Canadian Association of Petroleum Producers(CAPP) claims that rising government costs, the burden of inefficient [Read more]
End to NAFTA would be a major blow to Mexico and its economy could slip into a severe recession Following a solid increase of 3.2 per cent last year, real GDP in the global economy [Read more]
Labour income volatility in Alberta in last 20 years increased by 40% A new study takes a “hard look” at economic diversification in Alberta and argues that over the past few decades the provincial economy has [Read more]
Exports expanded last year, but entirely from energy sector. Canada continues to lose market share in many core non-commodity export markets By Craig Alexander, senior VP and chief economist, Conference Board of Canada Policy makers in [Read more]
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