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Calgary's Economy Sept. 2017
Calgary and Region Economic Outlook Srping 2017

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Calgary's Economy
 

Calgary's Economy Sept. 2017
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Calgary’s Economy presents both statistical data and public perception data in keys areas including demographic trends, standard of living, business climate and economic performance.

 


Calgary and Region Economic Outlook Spring 2017
 

Calgary & Region Economic Outlook Spring 2017
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Calgary’s economy peaked in 2014 with the spike in oil prices. Growth is expected to begin in this year but it will take several years before 2014 levels of economic activity return.



Calgary`s Economic Performance
 

Calgary's Economic Performance 2001-2015
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Alberta experienced rapid swings in its economic prospects in the past 15 years, from record growth to the current economic downturn.



A Case of Fiscal Imbalance
 

A Case of Fiscal Imbalance: The Calgary Experience
(An Update)

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Calgary’s contribution to the balance sheets of the federal and provincial governments leaves the local government with less than adequate revenue to fund its spending responsibilities. This has increased the local government’s reliance on intergovernmental transfers, which by nature is fraught with uncertainty.


Oil price chart
 

Oil Price Chart
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Energy sector has been a key economic driver for Calgary. The price changes and fluctuations in crude oil market have significant impact on Calgary’s economic performance. West Texas Intermediate (WTI) is a grade of oil used as a benchmark in oil pricing, while Western Canada Select (WCS) is the price obtained for many Alberta producers.

 

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 Calgary Quick Facts

 

Population
(Projection Sep. 2017, x1000 of persons)

1,254.9

Inflation Rate
(All items, 12-MMA, %, Aug. 2017)

1.1

Unemployment Rate (CER, 3-MMA, %, Sep. 2017)

8.6

Housing Starts
(Units, Aug. 2017)

809

Total Building Permit Values
($million, Sep. 2017)

1,164.5

Latest Reports


Reports Overview

Calgary & Region Economic Outlook

Spring 2017See all

Current Economic Indicators

Aug 2017See all

Housing Review

Q2 2017 • See all

Inflation Review 

Aug 2017See all

Labour Market Review

Sept 2017See all

Other Research Reports

Calgary's EconomySee all

Population Outlook

2013-2018See all