EDMONTON – Alberta’s bragging rights as Canada’s economic engine are fading and Premier Ed Stelmach says people seem to be a little grumpy about it.
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The latest Conference Board of Canada outlook projects growth of minus 0.5 per cent, the first negative figure the province has seen in nearly a quarter of a century. That’s in stark contrast to a place that led the country in growth for three years starting in 2004.
But Stelmach actually seems a bit relieved that Alberta is no longer No. 1. “Thank God!” he said in reaction to the news that Saskatchewan is now in top spot with projected growth of 1.6 per cent.
Hat Tip – tGPOitHotW