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Business & Economics

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

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Summary
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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

81

Informative language

84

Neutral language

66

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semi-formal

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English

Language complexity

47

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Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1