Strong Economic Growth Forcast For Alberta Into 2013

CALGARY — Alberta’s economy continues to lead the pack across a range of indicators and solid growth will persist in 2013, supported by robust oilsands investment, says Scotiabank’s Global Forecast.The bank is forecasting the province will lead Canadian economic growth with 3.4 per cent this year followed by 3.0 per cent in 2013.Employment growth of 3.1 per cent this year and 1.7 per cent in 2013 will also be the best in the country, according to the report.Warren Jestin, senior vice-president and chief economist with Scotiabank, is in Calgary this week presenting his outlook on the economy.

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http://www.calgaryherald.com/business/Solid+economic+growth+forecast+Alberta+into+2013/7426066/story.html#ixzz2AWWeQsmm

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Robert McIntyre

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