Alberta's Economic Results:
- Over the past decade, Alberta had the highest rate of economic growth rate in Canada at 4.3% per year. In 2006, Alberta's economy grew by 6.8% and experts predict Alberta will have one of Canada's top performing economies in the future.
- Alberta's exports of goods and services more than doubled between 1996 and 2006 to $90.1 billion. A growing number of those exports are manufactured products and services. Exports of manufactured goods more than doubled over the same period.
- Alberta has had a rapidly growing manufacturing base. Between 1996 and 2006, manufacturing shipments almost doubled to $64.4 billion.
- The province consistently has the highest investment per capita among provinces. In 2006, Alberta investment per capita was $22,296, more than twice the national average. A total of $75.3 billion was invested in 2006, almost quadruple the 1996 level.
- Alberta's vibrant economy translates into a healthy job market. Average annual employment in the province in 2006 increased by 86,300 over 2005. Approximately 465,600 new jobs were created between 1996 and 2006.
- Alberta's average unemployment rate in 2006 was the lowest in Canada at 3.4%.
Reviewed: July 2007
Stats Updated: May 2007
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