| Two years after the oil price collapse sent Alberta's economy into a tailspin, ATB Financial suggests the downturn is over and the province's fortunes will rise in 2017. The Alberta bank says the provincial economy will turn the corner next year.
"Our research suggests that the worst of the 2015-16 oil price downturn is now behind us," said Todd Hirsch, ATB's chief economist in a statement. "Oil prices should continue to grow modestly in 2017. That will bring stability to our province's petroleum sector, but not growth. Hiring and resumption of investment will be weak in 2017."..........................................Full Article: Source
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