Alberta Economy
Provincial economic indicators updated from live government data sources.
Alberta's economy is resource-driven but evolving. Oil and gas still account for roughly a quarter of provincial GDP, which means global energy prices ripple through everything — government revenue, employment, migration, housing, and consumer spending.
Start with Energy to see where commodity prices are, check Drilling for leading-edge capital investment signals, then zoom out to Labour and Migration to see how those price signals translate into jobs and population movement.
Industries
Energy
Oil & gas prices, BCPI energy index, CAD/USD, and mining GDP. The heartbeat of Alberta's economy.
Bank of Canada, Statistics Canada
Drilling
AER well licences, drilling trends, and oilfield service activity. A leading indicator of capital confidence.
AER, Statistics Canada
Boom-Bust Cycle
Where is Alberta in its economic cycle? Cross-referencing oil, employment, migration, and construction.
Bank of Canada, Statistics Canada
Diversification
GDP by industry sector, tech employment, and non-energy indicators. Is Alberta actually diversifying?
Statistics Canada, Edmonton Open Data
Agriculture
Farm cash receipts, crop vs. livestock revenue, and ag's share of provincial GDP.
Statistics Canada, Bank of Canada
Cannabis
Monthly retail sales, growth trends, and market share. Alberta leads with 900+ licensed stores.
Statistics Canada, AGLC
Retail Trade
Retail sales by subsector, e-commerce trends, and food services revenue.
Statistics Canada
Business Dynamics
Business openings & closures by NAICS sector, licence trends in Edmonton and Calgary.
Statistics Canada, Municipal Open Data
Employers
WCB employer records, non-profits, corporate tax stats, and GHG facility emissions.
WCB, CRA, ECCC
Analysis
Benchmarks
Alberta vs. national and provincial benchmarks across key economic indicators.
Statistics Canada
Growth Corridors
Identify Alberta's fastest-growing regions by permits, population, and business activity.
Statistics Canada, Municipal Data
Market Risk
Municipal risk scores factoring wildfire, flood, economic concentration, and volatility.
Multiple sources
Cycle Position
Composite indicator tracking where Alberta sits in the macro cycle right now.
Statistics Canada, Bank of Canada
Investment Thesis
Synthesized view: is now a good time to invest, hire, or expand in Alberta?
Multiple sources
Compare
Side-by-side comparison of municipalities across economic indicators.
Regional Dashboard
Related
Labour Market
Employment, unemployment, participation rate, and average earnings from the LFS.
Statistics Canada
Migration & Population
Immigration, interprovincial migration, and population growth — Alberta's demand driver.
Statistics Canada, IRCC
Common terms in this section
- BCPI
- — Bank of Canada Commodity Price Index. Tracks the price of commodities that Canada exports. The energy sub-index is especially important for Alberta.
- AER
- — Alberta Energy Regulator. The provincial body that licences wells, pipelines, and energy projects.
- LFS
- — Labour Force Survey. Statistics Canada's monthly employment survey.
- Participation rate
- — The share of working-age people who are either employed or actively looking for work.