Storm clouds hang over the Calgary skyline. Alberta has plenty going for it, so why is its unemployment rate so high? Photo by Jim Wells / Postmedia
Alberta has a lot going for it: less exposure to the United States tariffs that other provinces face, rising oil production from the Trans Mountain pipeline expansion and economic performance that topped its peers this year.
“Solid consumer demand supporting spending and housing activity also leaves Alberta well-positioned compared to most provinces,” Salim Zanzana, an economist at Royal Bank of Canada, said in a report.
Despite all this good news, there’s a major “disconnect” in Alberta that hounds the province as it continues to record amongst the highest unemployment rates in Canada.
The jobless rate in Alberta stands at 7.8

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