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ALBERTA - Progressing towards full recovery

PROVINCIAL OUTLOOK | JUNE 2018. ALBERTA - Progressing towards full recovery The province has begun to attract net migrants from the rest of the country, oil production is growing, the manufacturing sector is bouncing back, and rms are hiring at a good clip again. However, a dearth in new oil sands investment and slack in the housing market shows the province's economy has ground to recov- er. We expect ALBERTA 's recovery from its 2015-2016 recession to continue, albeit at a slower pace, over the next two years. The province has begun to attract net migrants from the rest of the country, oil production is growing, the manufacturing sector is bouncing back, and firms are hiring at a good clip again. However, a dearth in new oil sands investment and slack in the housing market shows the province's economy has ground to recover.

PROVINCIAL OUTLOOK | JUNE 2018 3 ALBERTA - Progressing towards full recovery The province has begun to attract net migrants from the rest of …

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