ATB predicts slowdown in Alberta

ATB Financial is the latest firm to report that Alberta’s economy is expected to slow down significantly this year.

ATB Financial is the latest firm to report that Alberta’s economy is expected to slow down significantly this year. The bank’s expectation is for growth of just 0.8 per cent, less than half of the predictions for the country as a whole. ATB does expect oil prices to see some recovery by the end of the year although the benefit of that will not be felt for some time by Alberta’s energy sector. 

 

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