Alberta economy continues to sputter
CALGARY- The latest economic forecast for the province from Alberta’s government-owned bank is gloomy.
ATB Financial says it expects the economy to grow just under 1% this year.
It states insufficient pipeline capacity and a sluggish oil and gas sector has dampened job creation, consumer spending and construction activity.
ATB notes the number of unemployed is growing and the average unemployment rate over the first seven months of this year was 6.9%.


