Alberta Economy

Fort McMurray Fire Adds $500 Million To Alberta's Deficit

CP | The Canadian Press | Posted 08.23.2016 | Canada Alberta

Insurable losses from the wildfires are pegged at $3.6 billion.

Alberta Drilling Rights Might See Lowest Sales Ever This Year

CP | The Canadian Press | Posted 08.12.2016 | Canada Alberta

"It's a different world now."

More And More Calgary Businesses Are Closing Up Shop

The Huffington Post Alberta | Sarah Rieger | Posted 08.11.2016 | Canada Alberta

It's not looking good.

Alberta's Oil Industry Might Be Down, But Tech Is Hiring

CP | Dan Healing | Posted 08.04.2016 | Canada Alberta

Many oil workers, however, are finding themselves "pigeonholed."

Hard Times In Alberta Hit More Than Oil And Gas Workers

The Huffington Post Alberta | Sarah Rieger | Posted 08.02.2016 | Canada Alberta

"These are hard-working, average people."

Canada's Crime Rate Goes Up For 1st Time In 12 Years

CP | Jim Bronskill, The Canadian Press | Posted 07.21.2016 | Canada

National rates of police-reported crime increased for most violations.

Alberta Suffering Its Worst Recession In Modern History: TD Bank

The Huffington Post Canada | Daniel Tencer | Posted 07.18.2016 | Canada Business

But when it comes to jobs, the eighties were worse.

Moving Sale: Calgary Families Look Elsewhere As Oil Crash Worsens

CP | Dan Healing, The Canadian Press | Posted 07.13.2016 | Canada Alberta

Alberta lost 1,790 residents in the first three months of 2016.

ATB Financial Predicts Another Drop For Alberta's Economy

CP | The Canadian Press | Posted 07.12.2016 | Canada Alberta

Sorry retail and housing markets.

Oil Prices Brought Alberta's Deficit Up To $6.4 Billion In 2015

CP | The Canadian Press | Posted 06.29.2016 | Canada Alberta

The economy contracted by 3.7 per cent.

Canada's Largest Gay Rodeo Is No More

The Huffington Post Alberta | Sarah Rieger | Posted 06.21.2016 | Canada Alberta

And so ends a 23-year tradition in the province.

Calgary Police Worry As Domestic Violence Calls Rapidly Increase

The Huffington Post Alberta | Sarah Rieger | Posted 05.19.2016 | Canada Alberta

There were nearly 19,000 domestic conflict calls last year.

Fort Mac Fire Wipes Out $1 Billion In Oil Production

CP | Dan Healing, The Canadian Press | Posted 05.17.2016 | Canada Business

Fire will shave 1 per cent off of Alberta's GDP, but then boost it later.

9 Signs That Alberta Is Really, Truly F***ed Right Now

The Huffington Post Alberta | Sarah Rieger | Posted 05.03.2016 | Canada Alberta

At least we can watch hockey for escapism! Oh, wait...

Trudeau, Ministers Discuss Reeling Alberta Economy At Retreat

CP | Joan Bryden, The Canadian Press | Posted 04.25.2016 | Canada Politics

Alberta Premier Rachel Notley met privately with Trudeau

Albertans Will Pay The Price For Notley's Accelerated Spending

Charles Lammam | Posted 04.22.2016 | Canada Alberta
Charles Lammam

The combination of worsening economic conditions and the government's refusal to change course on spending means Alberta will rack up debt more quickly, with a projected budget deficit of $28.9 billion over the next three years. For context, that's roughly 50 per cent more than currently sits in the Heritage Fund, a "nest egg" that took decades to build.

Alberta Budget Blows Past Spending Safeguard Law

CP | Dean Bennett, The Canadian Press | Posted 04.14.2016 | Canada Alberta

The NDP plan to rewrite a law it passed last year.

Alberta Finance Minister Says $10-Billion Deficit Is 'Manageable'

CP | Dean Bennett, The Canadian Press | Posted 04.13.2016 | Canada Alberta

The deficit is due to a steep drop in oil revenue.

Notley Advocates For Pipelines In TV Address

CP | Dean Bennett, The Canadian Press | Posted 04.08.2016 | Canada Alberta

"We must get to 'yes' on a pipeline.''

Alberta PCs Challenge NDP To Cut $4 Billion In Spending

CP | The Canadian Press | Posted 04.04.2016 | Canada Alberta

They also want the government to establish a debt repayment plan.

Alberta Is Underestimating Its Debt, Study Warns

The Huffington Post Alberta | Sarah Rieger | Posted 03.31.2016 | Canada Alberta

Yikes.

Alberta's Faltering Economy Is Still Attractive To Entrepreneurs

Melanie Nathan | Posted 03.28.2016 | Canada Alberta
Melanie Nathan

In spite of economic instability, Alberta has grown and will continue to grow in the midst of dire economic predictions by financial spectators. Those who actually live in Alberta have observed growth in the construction industry, finance and various types of business services.

Alberta EI Claims Nearly Double Over The Past Year

The Huffington Post Alberta | Sarah Rieger | Posted 03.24.2016 | Canada Alberta

Saskatchewan also saw a large increase.

Alberta Teachers' Salaries Need To Come Down: Taxpayers Federation

The Huffington Post Alberta | Sarah Rieger | Posted 03.04.2016 | Canada Alberta

Education Minister David Eggen says the intent is to set an "affordable" tone, given the province's current economic situation.

O'Leary Shares Unsolicited Advice With Notley In Open Letter

The Huffington Post Alberta | Sarah Rieger | Posted 03.04.2016 | Canada Alberta

He has four tips to fix Alberta's economy.