Job Numbers Begin to Soar in Alberta
According to Statistics Canada’s monthly labour force survey, in July, Alberta added 20,000 full-time jobs. This means our province’s unemployment rate has dropped to the lowest level it has been since before the COVID-19 pandemic started. We have further to go, but Alberta’s Recovery Plan is working, and jobs are coming back to Alberta in large numbers. With July’s encouraging job numbers, which saw the creation of 20,000 full-time jobs, we are seeing growth and job creation across many sectors of the economy. That’s what the recovery plan is all about: Building on our strengths while diversifying for the future.
Alberta Film Industry on the Map
A key part of Alberta’s Recovery Plan, the Film and Television Tax Credit, is attracting major productions to the province, diversifying the economy, and creating thousands of new jobs. Since the program’s launch in January 2020, it has attracted 50 productions to Alberta with total production costs of $955 million, creating 9,000 new direct and indirect jobs in the province. HBO is currently filming its new television series “The Last of Us” in Alberta. The project is the single largest television series production in Canadian history and is expected to create thousands of jobs.
Alberta’s Economy Continues to Rise
Major economic organizations like the Conference Board of Canada, National Bank of Canada, and the Bank of Montreal have forecasted that Alberta will lead Canada in economic growth this year. Now, a new forecast by Alberta Central – the central banking facility, service bureau and trade association for Alberta’s credit unions – is projecting that the provincial economy will grow by a whopping 7.5 percent this year. According to the Alberta Central report, Alberta’s economy will grow beyond its 2014 peak and erase all the losses it has experienced since 2015.
MLA – Calgary Elbow Doug Schweitzer proudly serves the following Communities: Altadore, Bel-Aire , Britannia, Elbow Park, Elboya, Erlton, Garrison Green, Garrison Woods, Glamorgan, Lincoln Park, Lower Mount Royal, Marda Loop, Mayfair, Meadowlark Park, Mount Royal, North Glenmore Park, Parkhill, Rideau Park, River Park, Roxboro, South Calgary, Upper Mount Royal, Windsor Park