Working in Alberta Labour Market Between 1997 and 2017, Alberta’s unemployment rate averaged 5.3 percent, compared to 6.8 percent in British Columbia and 7.1 percent in Ontario over the same period. In 2018, Alberta’s unemployment rate had risen to 6.6 percent, higher than the Canadian average of 5.8 percent. Although Alberta’s unemployment rate has risen […]

Alberta is Canada’s largest refining and petrochemical cluster, characterized by modern, world-scale plants with access to abundant resource feedstock and efficient transportation systems able to deliver supply to consumers. There is significant potential for investors who are interested in taking advantage of Alberta’s vast energy resources and new government development programs to build new petrochemical […]

Alberta’s borders touch the Canadian Rocky Mountains to the west, the vast prairies to the east, the United States to the south and the Canadian Arctic to the north. On average, the province’s 4.3 million people are the youngest of all Canadian provinces, with a median age of 36.9 years. 69.5 percent of  Alberta’s labor […]

In 2017, Alberta produced 81 per cent of Canada’s crude oil and 68 per cent of its natural gas. Alberta has the third largest petroleum reserves in the world, after Venezuela and Saudi Arabia. The Alberta Energy Regulator forecasts that production of upgraded and non-upgraded bitumen from oil sands will increase by 36 per cent […]

In 2017, Alberta’s business sector had the third highest labour productivity level in the country (behind Newfoundland and Saskatchewan). The total value added per hour worked in Alberta exceeded the Canadian average by about 39 per cent. Alberta’s productivity advantage over other Canadian provinces is substantial; however its rate of productivity growth had been slow […]

Living in Alberta People Alberta is home to an ethnically diverse population of over four million people. One in six Albertans was born outside of Canada, making Alberta one of the most multi-national and multi-cultural provinces in the country. Alberta has the youngest population of all Canadian provinces with a median age of 36.9. This […]

Oil and Gas Alberta is Canada’s energy province. Energy development is the largest contributor to the province’s GDP, capital investments and exports. In 2016, Alberta produced about 80 percent of Canada’s crude oil. Alberta is home to one of the world’s largest unconventional oil deposits, the oil sands, but the province’s diverse resource portfolio also […]

After energy and agriculture, advanced technology is the third largest industry driving Alberta’s economy. In 2015, the province’s ICT industry generated $15.6 billion in revenues. In 2015, over 7 percent of businesses in Alberta were in the technology sector, the second highest proportion in Canada (source: Brookfield Institute The State of Canada’s Tech Sector 2016). […]

Alberta’s Clean Technology sector (Cleantech) offers untapped investment opportunities for growth and earning potential across a number of sectors, from agriculture to software, as the province transitions to a cleaner economy. Progressive policies and strategies such as the Alberta’s Climate Leadership Plan, the Alberta Jobs Plan, and the Climate Change Innovation and Technology Framework create […]