This copy is for archival purposes only. Please contact the publisher for the original version. Highlights of the Highlights of the Alberta Econom y Alberta Econom y Alberta Alberta Finance and Enterprise Finance and Enterprise Enterprise Division Enterprise Division October 2 0 0 8 October 2 0 0 8
Alberta: Alberta: The Best Place to Live, Work and Do Business The Best Place to Live, Work and Do Business This copy is for archival purposes only. Please contact the publisher for the original version.
Table of Contents • Economic Highlights This copy is for archival purposes only. Please contact the publisher for the original version. – Growth in selected indicators – Economic diversity – Investment – Exports • A Diversified and Rich Economy – Energy – Agriculture – Forestry – Manufacturing – Information and Communications Technology – Tourism
Table of Contents (cont.) • Doing Business in Alberta This copy is for archival purposes only. Please contact the publisher for the original version. – Innovation and Entrepreneurship – Research and Development – Government – Educated Work Force – Productivity – Taxes – Workers’ Compensation
Table of Contents (cont.) • Working in Alberta This copy is for archival purposes only. Please contact the publisher for the original version. – Strong Labour Market – Taxes – Family Income – Economic Well-being • Living in Alberta – People – Education – Health Care – Arts and Culture – Sports and Recreation – Volunteerism
Economic Highlights Economic Highlights Growth Growth Growth In Selected Indicators: 1997 - 2007 This copy is for archival purposes only. Please contact the publisher for the original version. Per Cent Change 24.1 Population 10.1 Canada Alberta 35.0 Employment 23.1 48.0 GDP 38.3 145.3 Exports* 49.9 172.5 Investment 91.8 *Goods Exports Source: Statistics Canada and Alberta Finance and Enterprise
Economic Highlights Economic Highlights Economic Diversity Economic Diversity This copy is for archival purposes only. Please contact the publisher for the original version. Economic Diversity: 1985 Economic Diversity: 2007 Percentage Distribution of GDP Percentage Distribution of GDP Total GDP: $66.8 Billion Total GDP: $259.9 Billion Construction Construction 6.7% 9.0% Agriculture Agriculture 3.0% Energy Energy 1.9% Health 27.2% 36.1% Health 3.6% 4.0% Education Manufacturing Education 3.6% 8.2% 3.5% Public Admin. Public Admin. 4.8% Transp. & Util 3.1% Manufacturing 6.4% Ret. & Whls Ret. & Whls 6.0% 8.1% 9.0% Transp. & Util Bus. & Comm. Tourism & Cons. 7.7% Tourism & Cons. Services Serv. Bus. & Comm. Finance & Real Finance & Real Serv. 8.6% 3.8% Services Estate Estate 5.1% 5.5% 13.8% 11.0% Source: Alberta Finance and Enterprise
Economic Highlights Economic Highlights Attractive Investment Climate Attractive Investment Climate Total Investment in Alberta This copy is for archival purposes only. Please contact the publisher for the original version. Capital Expenditures ($ Billions) 2002 3.7 7.4 13 18.6 42.6 44.7 2003 3.1 7.7 13.7 20.2 50.8 8.1 2004 3.7 14.5 24.5 2005 4.7 9.7 16.5 34.1 65.0 12.4 76.9 2006 5.5 19.0 40.0 2007 14.6 21.3 37.7 7.1 80.7 8.4 83.8 2008* 13.9 24.2 37.3 Institutions Housing Non-energy Oil & Gas * Intentions Source: Statistics Canada
Economic Highlights Economic Highlights Exports Exports Alberta’s Major Exports 2007 This copy is for archival purposes only. Please contact the publisher for the original version. Total Exports of Goods and Services: $90.5 Billion Crude Petroleum 28.4 Gas and Gas Liquids 26.3 Services 8.4 Petrochemicals 7.2 Metals & Machinery 5.8 Crops & Livestock 3.8 Processed Food & Beverages 2.7 $ Billions Forest Products 2.2 Electronic & Electrical Products 1.4 Refined Petroleum Products 1.3 Sources: Statistics Canada and Alberta Finance and Enterprise
A Diversified and Resource- -Rich Economy Rich Economy A Diversified and Resource Energy Energy This copy is for archival purposes only. Please contact the publisher for the original version. Alberta’s Energy Revenues 2007 Alberta’s Energy Exports 2007 Total: $79.1 Billion Total: $55.5 Billion Natural Natural Gas & Gas Gas & Gas Liquids Liquids 51.1% 47.3% Coal and Sulphur 1.6% Coal and Sulphur 0.9% Crude Oil Crude Oil 48.0% 51.1% Sources: Statistics Canada, Energy Resources Conservation Board, Alberta Finance and Enterprise
A Diversified and Resource Rich Economy A Diversified and Resource Rich Economy Agriculture Agriculture Alberta’s Major Agricultural Products 2007 This copy is for archival purposes only. Please contact the publisher for the original version. Farm Cash Receipts ($ Billions) Total: $8.7 Billion Beef Cattle 3.08 *Others 2.10 Canola & Flax 1.26 Wheat 1.10 Hogs 0.51 Dairy 0.39 Oats, Rye & Barley 0.33 *Includes specialty cash crops, honey, poultry, eggs, program payments, etc. Source: Statistics Canada
A Diversified and Resource Rich Economy A Diversified and Resource Rich Economy Forestry Forestry Shipments of forest products reached $4.7 billion in This copy is for archival purposes only. Please contact the publisher for the original version. 2007, and exports were $2.2 billion*. Alberta covers over 66 million hectares of land, 58% or 38 million hectares of which is forested. Of the forested area, about 60 per cent or 22.5 million hectares are considered suitable for harvest. Annually, Alberta allows 25.9 million cubic meters (m 3 ) to be harvested, of which 14.7 million m 3 is coniferous, and 11.2 million m 3 is deciduous. Alberta's commercially productive timber land base of 22.5 million hectares covers 35 per cent of Alberta's total area and includes in excess of 2.2 billion m3 of growing stock. * Includes wood products and pulp & paper
A Diversified and Resource Rich Economy A Diversified and Resource Rich Economy Manufacturing Manufacturing Value of Alberta Manufacturing Shipments 2007 This copy is for archival purposes only. Please contact the publisher for the original version. Total: $67.1 Billion Refined Petroleum 14.8 Chemical Products 14.0 Food 10.0 Machinery 6.2 Fabricated Metals 5.1 *Forest Products 4.7 Construction Materials 2.4 Plastics 1.6 $ Billions **Electronic Prod. 1.1 Furniture & Fixtures 1.0 Other 6.2 *Includes wood and pulp & paper industries **Includes telecom equipment Source: Statistics Canada
A Diversified and Resource Rich Economy A Diversified and Resource Rich Economy Information and Communication Technologies Information and Communication Technologies This copy is for archival purposes only. Please contact the publisher for the original version. Norway 82.5 78.3 South Korea Internet Usage – International 2006 Canada* 76.9 Percentage of Adults aged 16 to 74 74.9 Japan** Accessing the Internet Germany 72.2 68.8 U.K. France 46.9 British Columbia 78 Alberta 38.0 77 Italy Ontario 75 * 2007 data 73 Canada ** 2005 data Saskatchewan 73 Internet Usage – Canada 2007 Manitoba 70 Percentage of Adults aged 16 and over Nova Scotia 69 Accessing the Internet Quebec 69 Prince Edward Island 69 New Brunswik 65 Newfoundland and Labrador 61 Sources: Statistics Canada and OECD
A Diversified and Resource- -Rich Economy Rich Economy A Diversified and Resource Tourism Tourism This copy is for archival purposes only. Please contact the publisher for the original version. Tourism Receipts 2006 Total: $5.15 Billion Alberta 48% Overseas 15% Other Canadian United States 24% 13% Source: Statistics Canada
Doing Business in Alberta Doing Business in Alberta Innovation and Entrepreneurship Innovation and Entrepreneurship Small Business – Cornerstone of the Economy 2002 – 2007 This copy is for archival purposes only. Please contact the publisher for the original version. Percentage Change in Small Business Establishments (Less than 50 Employees) 8.6% Alberta 7.4% British Columbia 6.7% Ontario 5.0% Newfoundland and Labrador 3.4% Canada -1.0% Nova Scotia -1.9% Quebec -2.8% Manitoba -4.8% New Brunswick -8.9% Saskatchewan -11.4% Prince Edward Island Source: Canadian Business Patterns, Statistics Canada
Doing Business in Alberta Doing Business in Alberta Research & Development Research & Development This copy is for archival purposes only. Please contact the publisher for the original version. •National Institute for Nanotechnology •TRLabs (Telecommunications Research Laboratories) •Alberta Science and Research Authority (ASRA) •Alberta Research Council •Cybera •National Institute for Nanotechnology Advanced Technology Advanced Technology •Network for Emerging Wireless Technology Institutes & Facilities: Institutes & Facilities: (NEWT) •Alberta Ingenuity Centre for Machine Learning
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