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Industry News and Event Updates

Alberta economy has recovered two-thirds of recession losses: government

JUNE 28, 2018 – The Canadian Press – EDMONTON — The Alberta government says the provincial economy has recovered about two-thirds of its losses from the last recession.

It says the economy grew by 4.9 per cent last year and is expected to add 2.7 per cent this year.

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Canada’s oil and gas workforce skills and occupations are shifting, says PetroLMI report

CALGARY, Alberta, June 27, 2018 (GLOBE NEWSWIRE) — As the Canadian oil and gas industry adapts and changes its business to remain globally competitive, new skills and job opportunities are emerging and replacing more traditional occupations, according to the latest report released today by PetroLMI, a division of Energy Safety Canada.

The report A Workforce in Transition: Oil and Gas Skills of the Future, examines the shifting skills and occupations in Canada’s energy industry based on three key trends: federal and provincial government current and proposed regulatory changes; the adoption of automation and data analytics technologies; and, the implementation of advanced manufacturing processes in the development of resources.

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Alberta GDP numbers rise across the board

June 18, 2018 – The real Gross Domestic Product (GDP) for Alberta’s agri-food industry rose by 2.5 per cent in 2017 to $6.5 billion. The province accounts for 12.5 per cent of the country’s agri-food GDP, and is in third spot nationally (after Ontario and Quebec).

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Alberta’s economy growing at moderate pace

EDMONTON — Alberta’s economy continues to grow, albeit at a moderate pace, according to analysts.

“The report added that employment is growing, but at a slow rate — across the province, the last 12 months have seen strong employment gains in manufacturing, oil and gas and the professional, scientific and technical services.”

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Alberta manufacturing sales reach $6.2 billion

Across the country, sales were up in 13 of 21 industries in March, representing 72% of the Canadian manufacturing sector: StatsCan

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