CBC – Alberta Economy Still The Best In Canada By Some Measures

CBC – Alberta Economy Still The Best In Canada By Some Measures

Erin Collins’ article, written on July 22, 2016, sheds some light on why Calgary’s economy is still considered top-notch, despite tough times.

Anne Clarke-Davidson was interviewed to talk about the new riverfront condominium, The River, and how despite economic hardships, high-priced real estate was still selling.

“If it wasn't for the bad news, there wouldn't be much news at all when it comes to Alberta's economy these days.

Just this week TD Bank declared the province was in the midst of its longest, deepest, recession ever and, to be perfectly clear, it is.

Alberta has been sputtering since the price of oil began to plunge two years ago. The result has been a projected drop in GDP of 6.5 per cent since 2014…”


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