The City of Calgary monitors and forecasts key indicators for the local economy and publishes the results twice a year in the spring and the fall. These forecasts assist the municipal government in its financial and physical planning for Calgary. 

Calgary’s economy is expected to see slower growth from 2026 through 2031 than in the past five-year period. This is largely due to the slowdown in population growth resulting from the Federal government’s changes to immigration policy. Job growth is also expected to slow, although with lower labour supply growth should push the unemployment rate down. With inflation expected to remain low over the period, affordability is expected to improve. However food and energy prices may still present challenges for many households. Significant risks to forecast include higher energy prices, food price volatility, and tariff instability.

• Calgary & Region Economic Outlook 2026-2031: Spring 2026
  • Spring 2026 Forecast Tables

Population Outlook is updated in January 2026 and published in our Spring 2026 Calgary and Region Economic Outlook.