Economic Indicators
Agent 026 - Alberta economic performance and outlook
MODERATE-HIGH RISK
2.1-2.6%
GDP Growth 2026
Outperforming Canada
6.8%
Unemployment Rate
At Canada average
$65.21
WTI Oil Price
Below budget ($63.75)
5.03M
Population
Growing 2.5%
GDP Growth Trend
2020
-7.9%
2021
+6.5%
2022
+5.3%
2023
+2.5%
2024
+2.7%
2026
+2.5%
Sector Composition
Energy (Combined)39.7%
Services55%
Agriculture3%
Technology2.5%
Labour Market
2.6M
Total Employment
Jobs Added (2026)+58,000
YoY Growth+2.3%
Provincial Growth Comparison 2026
Alberta2.1%
Saskatchewan2%
British Columbia1.7%
Ontario1.5%
Quebec1.5%
Canada1.5%
Housing Starts 2026
54,900
Units
Record +15% YoY