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Alberta’s economic recovery is full of mixed signals, bumps and bounces says columnist Chris Varcoe in today’s Calgary Herald article “Welcome to the recovery, Alberta – please fasten your seatbelt.

The article discusses a climbing local housing market, growth in the movie industry and vaccinations as positive forces working against job losses in the oil and gas sector, COVID-19 restrictions and a surging downtown office vacancy. And our Chief Economist Charles St-Arnaud agrees that it will be a bit of a rollercoaster.

“It will start to feel better as we move along in 2021,” Charles says in the article.

“But it will still not be smooth sailing. There will still be a lot of risk and volatility.”

Read our complete 2021 Alberta Central Economic Outlook here.

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