Canada’s new government is certain to support the West’s energy interests, keeping its economy strong. According to the Spring 2011 edition of The Conference Board of Canada’s Metropolitan Outlook, a promising outlook for the Alberta energy sector will be a boon for the Calgary and Edmonton economies.
Though the cost to the environment hasn’t been factored into the report’s findings, four cities in Saskatchewan and Alberta earned top spots on the economic growth leader board.
“Buoyed by the resources and energy sectors, the economies of Saskatoon, Calgary, Regina and Edmonton will post noticeably stronger growth than the other cities covered in this report,” said Mario Lefebvre, director, Centre for Municipal Studies, in a release today.
Calgary remains the services hub for the province’s energy sector and is forecast to post the second strongest economic growth rate among Canada’s13 largest census metropolitan areas.