In December 2011 the value of the Inventory of Major Alberta Projects was $208.8 billion, up from $182.5 billion in December 2010. The current inventory is comprised of 920 projects. The sector with the largest number of projects is infrastructure with 323, valued at $19.9 billion. The second largest sector is institutional at 128 projects valued at just under $8.6 billion. The Royal Bank of Canada predicts that with the oil sands megaprojects and 116,000 new jobs, Alberta rate of growth will be 3.9% in 2012
The Alberta 2012 Budget is important to any Calgarian and Albertan alike. The 2012-13 Budget, with 2014 and 2015 forecast is currently being debated in the Assembly. You can read the attached highlights, or here are few key points: The increasing costs in public demands of Health Care, Education, Assistance Programs for vulnerable Albertans, infrastructure, and economic development, the 2012 Budget presents a shortfall/deficit.
Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.
Listing information last updated on February 25th, 2017 at 8:45am MST.