Alberta's Economic Growth Slows
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Albertacalgaryherald
•Varcoe: Slowing population boom, uncertain oil prices cloud Alberta's economy for 2025
74% Informative
Alberta ’s population boom is expected to decelerate in 2025 amid changing federal immigration policies.
Some energy analysts anticipate oil prices could weaken next year due to slowing global consumption, particularly in China .
The province released its second-quarter fiscal update this week , projecting a healthy budget surplus of $4.6 billion for the financial year that ends next March .
Scotiabank is forecasting WTI crude prices next year will average $ 66 a barrel.
The U.S. Energy Information Administration is projecting $ 71.60 , down from $ 77 this year .
A lot of next year’s outlook will depend on oil demand growth in China .
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