Exports from Alberta spiked in March: ATB Financial

Alberta’s international merchandise exports increased for the fourth month in a row in March, according to ATB Financial, posting a gain of 18 per cent ($1.7 billion) over February’s total.

The value of exports over the first three months of the year was 6.1 per cent higher than during the same quarter last year and 13 per cent higher than during the same period in 2019.

ATB says exports were up across all 11 major sectors included in this dataset.

Strong prices helped energy exports to swell by $765 million in March and account for 45 per cent of the total monthly increase.