Alberta Ranks First In National Economic Report

[Anonymous]

Just a reminder of how what an economic success story Alberta really is. Our GDP/capita is 10k above that darling of the left, Norway.



It's also worth noting that no province with an NDP government is in the top three....hmmmm!!

EDMONTON -- An economic report card handed to Alberta from the Conference Board of Canada on Thursday shows "good government does matter," Premier Dave Hancock says.



The economic report shows Alberta's resource-driven economy ranks first in Canada followed closely by Saskatchewan, and Newfoundland and Labrador. The board calls Alberta the "class leader," scoring an "A+" grade for an income per capita in 2013 that was $10,000 higher than that of Norway, the top-ranked peer country.

Hancock said the report confirms that Alberta leads Canada in economic growth but a "C" grade in labour productivity growth -- with less than 1% annual growth between 2008 and 2012 -- shows the government needs to do more to tackle its labour crunch.



"It indicates that we need to continue to work hard to make sure that every Albertan has the opportunity to participate and that we need to bring in people to assist because the labour shortage is one of the things that holds us back," he said, adding innovation is also important in the long term.



Hancock said that while Alberta has deep resource reserves, there are still many resource-driven jurisdictions that don't match its prosperity.



"I do have to say that good government does matter. That economic policies that encourage businesses to invest do matter," he said. "The tax structure does matter and focusing on quality of life, because it does matter where people want to live."



Alberta also scored "A+" grades on GDP growth and employment growth, and "A" grades on the unemployment rate and inflation. Alberta scores "B" grades on the inward and outward greenfield Foreign Direct Investment (FDI) performance indexes.



The Conference Board of Canada measures quality of life for Canada, its provinces and other nations by measuring income per capita, unemployment rates, GDP growth and inflation.

http://www.sunnewsnetwork.ca/sunnews/politics/archives/2014/05/20140515-142310.html">http://www.sunnewsnetwork.ca/sunnews/po ... 42310.html">http://www.sunnewsnetwork.ca/sunnews/politics/archives/2014/05/20140515-142310.html

[Anonymous]

Just a reminder of how what an economic success story Alberta really is. Our GDP/capita is 10k above that darling of the left, Norway.



It's also worth noting that no province with an NDP government is in the top three....hmmmm!!

EDMONTON -- An economic report card handed to Alberta from the Conference Board of Canada on Thursday shows "good government does matter," Premier Dave Hancock says.



The economic report shows Alberta's resource-driven economy ranks first in Canada followed closely by Saskatchewan, and Newfoundland and Labrador. The board calls Alberta the "class leader," scoring an "A+" grade for an income per capita in 2013 that was $10,000 higher than that of Norway, the top-ranked peer country.

Hancock said the report confirms that Alberta leads Canada in economic growth but a "C" grade in labour productivity growth -- with less than 1% annual growth between 2008 and 2012 -- shows the government needs to do more to tackle its labour crunch.



"It indicates that we need to continue to work hard to make sure that every Albertan has the opportunity to participate and that we need to bring in people to assist because the labour shortage is one of the things that holds us back," he said, adding innovation is also important in the long term.



Hancock said that while Alberta has deep resource reserves, there are still many resource-driven jurisdictions that don't match its prosperity.



"I do have to say that good government does matter. That economic policies that encourage businesses to invest do matter," he said. "The tax structure does matter and focusing on quality of life, because it does matter where people want to live."



Alberta also scored "A+" grades on GDP growth and employment growth, and "A" grades on the unemployment rate and inflation. Alberta scores "B" grades on the inward and outward greenfield Foreign Direct Investment (FDI) performance indexes.



The Conference Board of Canada measures quality of life for Canada, its provinces and other nations by measuring income per capita, unemployment rates, GDP growth and inflation.

http://www.sunnewsnetwork.ca/sunnews/politics/archives/2014/05/20140515-142310.html">http://www.sunnewsnetwork.ca/sunnews/po ... 42310.html">http://www.sunnewsnetwork.ca/sunnews/politics/archives/2014/05/20140515-142310.html

I feel fortunate to live in a prosperous city like Calgary, but we know people that are really struggling financially Shen Li.

[Anonymous]

Canada's two most populous provinces are governed so badly that other provinces look good by comparison.

[Gary Oak]

Canada's two most populous provinces are governed so badly that other provinces look good by comparison.

What would you know seoulfag. You think the Chinese communist party is the best.

[Anonymous]

Canada's two most populous provinces are governed so badly that other provinces look good by comparison.

What would you know seoulfag. You think the Chinese communist party is the best.

Do you have any thoughts on this Oak or are you trying to fuck up yet another discussion?

[Anonymous]

I heard on talk radio on the way home from work that 87% of new jobs for this year were created in Alberta..



This says to me that either I only heard part of the report or other parts of Canada are hurting?

 :?

[Romero]

It's true!

As the Statistics Canada report showed, Alberta is responsible for almost all the new net jobs generated in the past year — 82,300 of the 94,700 countrywide, or 87 per cent — as the province saw employment rise an impressive 3.8 per cent.



By comparison, provinces not called Alberta only gained about 12,000.



"I know this is not a new story but it's becoming extreme," said Doug Porter, the Bank of Montreal's chief economist. "In the last 12 months, Alberta is the only province that's seen meaningful growth. They've had job gains of nearly four per cent and meanwhile six provinces have seen declines and one's been flat."



Although the recent dramatic tilt may be exaggerated by cyclical factors, the direction of jobs flow has been apparent for some time.



With Canada's manufacturing sector on its knees and home construction tapped out, two of the biggest industries operating in heavily-populated Central Canada have essentially produced no net jobs in the past year.



Canadian Labour Congress economist Angella MacEwen said there are essentially two labour markets in Canada, that one in Alberta and Saskatchewan, and the one in rest of Canada.



She and other labour economists are calling for governments to become more involved in the economy by spending on infrastructure, the green economy and other measures that, in the long run, create the conditions for economic expansion and hiring, adding that she would like to see Ottawa establish a forum with business and unions to thrash out ideas.



http://www.cbc.ca/news/canada/calgary/west-is-best-on-job-creation-economists-agree-1.2565905">//http://www.cbc.ca/news/canada/calgary/west-is-best-on-job-creation-economists-agree-1.2565905

[Gary Oak]

Quebec is a drag on the rest of Canada.