ALBERTA ON THE WORLD STAGEECONOMIC POWERHOUSE
Alberta’s oil sands are the solution to declining global oil reserves. Alberta has the second largest oil reserves in the world after Saudi Arabia with 175 billion barrels of oil. In addition, Alberta is also the third largest supplier of natural gas and has the 10 largest coal deposits in the world.
Capital investments of over $250 billion in the oil and gas sector has resulted in unprecedented growth in the Greater Edmonton Region’s economy.
Alberta is now heralded as Canada’s – and perhaps the world’s – most promising investment opportunity. Supported by a great historical entrepreneurial spirit, a robust economy and a fiscally responsible Government, this is the Province to invest in.
U.S. DEPENDENCE ON ALBERTA
Alberta has been the largest oil and gas supplier to the U.S. for the last six years. In today’s volatile global climate it is also its safest and most immediate source. It is only reasonable to expect U.S. dependence on Alberta’s oil and gas reserves to grow in coming years.
ALBERTA BY THE NUMBERS
Lowest Unemployment rate in Canada
Over the past five years, Alberta's average unemployment rate of 4.5% was the lowest in Canada, and well below the national average of 7.1%.
Best Investment Climate
Based on the Fraser Institute’s 2007 Canadian Provincial Investment Climate Report, Alberta “was clearly Canada's top province for policies that encourage and sustain a positive investment climate.”
Highest Investment Per Capita
Alberta continues to be far ahead in total private sector investment per capita and has been for decades.
Over the past five years, Alberta's investment per capita has been more than double that of the next highest province, Newfoundland and Labrador.
Highest population growth in Canada
Over the past five years, Alberta's population growth has been the fastest among provinces, reaching 3.0% in 2006.
Highest interprovincial migration
Alberta had the highest number of interprovincial migrants in Canada over the past five years.
From July 2005 to June 2006, a net of 57,105 migrants came to Alberta from other provinces.
Debt Free
The Alberta government had a budget surplus of $7.4 billion and the highest surplus as a percentage of GDP in 2006-07.
Alberta’s oil sands are the solution to declining global oil reserves. Alberta has the second largest oil reserves in the world after Saudi Arabia with 175 billion barrels of oil. In addition, Alberta is also the third largest supplier of natural gas and has the 10 largest coal deposits in the world.
Capital investments of over $250 billion in the oil and gas sector has resulted in unprecedented growth in the Greater Edmonton Region’s economy.
Alberta is now heralded as Canada’s – and perhaps the world’s – most promising investment opportunity. Supported by a great historical entrepreneurial spirit, a robust economy and a fiscally responsible Government, this is the Province to invest in.
U.S. DEPENDENCE ON ALBERTA
Alberta has been the largest oil and gas supplier to the U.S. for the last six years. In today’s volatile global climate it is also its safest and most immediate source. It is only reasonable to expect U.S. dependence on Alberta’s oil and gas reserves to grow in coming years.
ALBERTA BY THE NUMBERS
Lowest Unemployment rate in Canada
Over the past five years, Alberta's average unemployment rate of 4.5% was the lowest in Canada, and well below the national average of 7.1%.
Best Investment Climate
Based on the Fraser Institute’s 2007 Canadian Provincial Investment Climate Report, Alberta “was clearly Canada's top province for policies that encourage and sustain a positive investment climate.”
Highest Investment Per Capita
Alberta continues to be far ahead in total private sector investment per capita and has been for decades.
Over the past five years, Alberta's investment per capita has been more than double that of the next highest province, Newfoundland and Labrador.
Highest population growth in Canada
Over the past five years, Alberta's population growth has been the fastest among provinces, reaching 3.0% in 2006.
Highest interprovincial migration
Alberta had the highest number of interprovincial migrants in Canada over the past five years.
From July 2005 to June 2006, a net of 57,105 migrants came to Alberta from other provinces.
Debt Free
The Alberta government had a budget surplus of $7.4 billion and the highest surplus as a percentage of GDP in 2006-07.