Economy Policy Trends: The Effect of Alberta's Recession on Canada's National Economy, 2014 to 2019

  • Trevor Tombe UofC

Abstract

What would Canada’s economic growth and unemployment have been if Alberta’s recession didn’t happen? We can never know precisely, but one informative approach is to imagine if Alberta growth kept pace with neighboring British Columbia from January 2015 onwards, but all others grew at their observed levels. This builds on prior work by Kneebone (2014) who finds Canada’s unemployment rate would have been much higher in 2014 were it not for robust growth in Alberta.

Published
2019-09-30
Section
Communiqués