Conference Board of Canada hosting economic forecasting meeting in Red Deer

By rdnewsNOW staff
January 4, 2018 - 11:08am

The Conference Board of Canada is hosting a 2018 Economic Forecasting meeting in Red Deer.

The “Western Business Outlook 2018: Red Deer” is taking place on March 6, 2018.

“Red Deer’s economy suffered a setback in 2015 and 2016, hampered by the decline in oil and cattle prices,” the board says. “Fortunately, the economy found itself on more solid footing in 2017, and the upward trend is expected to continue in 2018 and 2019, with real GDP growth expected to exceed 2 per cent in both years.”

The Conference Board of Canada expects a good year for the local job market with the unemployment rate forecast to fall from 9.3 per cent in 2016 to 7.3 per cent in 2018.

They say the March 6 event will offer “the most detailed and up-to-date analysis of the economic outlook for Red Deer, and Alberta all set within a national and international context.”

Local business leaders, public policy makers and other senior decision makers will all be on hand for the half day session.

More details including registration information are available at the Conference Board of Canada website

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