High energy prices have been one of the main drivers of rising bills in the country, although surging shelter and food costs are also squeezing consumers.Article contentProvincial economic growth is widely expected to outperform the rest of the country this year and in 2023, according to experts at the Calgary Economic Development outlook event on Wednesday.
Alberta’s economy is projected to grow by three per cent in 2023, with strong commodity prices allowing the province to weather the storm in better shape than other parts of Canada, said ATB deputy chief economistThe key problem for many Albertans, and millions of Canadians, is that their paycheques simply aren’t keeping up with expenses.
One encouraging sign is the number of people considered to be long-term unemployed has also fallen sharply since April 2021.Article content