Economist predicts Alberta economy to grow 2.2 per centalt

 

The Forecast - Todd Hirsche, chief economist for ATB Financial, was in Claresholm on April 19, providing his forecast on Alberta’s economy for 2017. Photo by Rob Vogt

 

 

 
Economist predicts Alberta economy to grow 2.2 per cent

By Rob Vogt

Local Press Writer

 
The chief economist for ATB Financial is predicting Alberta’s gross domestic product, which is the value of all goods and services produced, will increase by 2.2 per cent in 2017.
Todd Hirsch spoke to a crowd of about 40 people at Casa Roma Pizza and Steakhouse on April 19, where he discussed the status of Alberta’s economy.
He explained the recession gripping Alberta has been felt more in some areas.
The area south of Calgary has not been as severe, but it depends on how much any given area has been affected by the downturn in the energy sector.
Hirsch said sometimes a change in the economy can be foreseen, while at other times the situation is completely unforeseeable. If people could rewind to June of 2014, they would have done differently to prepare.
 

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