Calgary's Population Growth Slows

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Slower population growth

calgaryherald

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Business

Business & Economics

Despite slower population growth, Calgary's economy forecast to thrive in 2025, says conference board

Summary

Nutrition label

71% Informative

Conference Board of Canada says Calgary 's economy will thrive in 2025 and even lead the country.

Ottawa ’s reduction in immigration targets will see a Calgary inflow that reached 90,000 in each of the past two years reduced to about 28,000 .

Calgary 's economic prospects should heat up, with a GDP growth of 2.8 per cent in 2025 compared to 2.2 per cent last year .

“It’s going to be a pretty good year, and a few good years after that,” he said. “But when you see the strains on the infrastructure and public services, people won’t be disappointed at that slight moderation.”.

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful