Western Economic Diversification Canada
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Key Economic Indicators

  British Columbia Alberta Saskatchewan Manitoba Canada Last
Update
Gross Domestic Product
Real GDP1 (2007 $billions, forecast) $216 $288 $58 $56 $1,674 2017
% ch. from year earlier 3.4% -2.2% -1.5% 1.7% 1.5%  
 
Labour Market
Employment (SA, thousands) 2,443 2,289 570 641 18,308 Mar-17
Change from previous month 4.2 20.4 -5.1 2.8 19.4  
% ch. from previous month 0.2% 0.9% 0.9% 0.4% 0.1%  
% ch. from year earlier 3.5% -0.1% 0.4% 0.7% 1.5%  
 
Unemployment Rate (SA,%) 5.4% 8.4% 6.0% 5.5% 6.7% Mar-17
percentage points from previous month 0.3 0.1 0.0 -0.3 -0.1  
percentage points from year earlier -1 1.2 -0.2 -0.5 -0.4  
 
Regular EI beneficiaries (SA) 55,340 91,730 19,270 16,090 567,930 Jan-17
Change from previous month 20 -6,090 -370 230 -1,850  
% ch. from previous month 0.0% -6.2% -1.9% 1.5% -0.3%  
% ch. from previous year 1.9% 41.2% 23.1% 2.9% 3.7%  
 
Average weekly earnings $931.42 $1,112.98 $1,007.87 $898.19 $967.15 Jan-17
Change from previous year $24.43 -$5.74 $23.47 $20.43 $16.73  
 
Prices
CPI (y/y) 2.3% 2.2% 1.4% 2.3% 2.0% Feb-17
CPI (y/y) previous month 2.3% 2.5% 1.6% 2.1% 2.1% Jan-17
 
Consumers and Business
Retail Sales (SA, $millions) $6,477 $6,436 $1,651 $1,653 $45,952 Jan-17
% ch. from previous month 2.9% 2.4% 3.7% 2.5% 2.2%  
% ch. from previous year 6.6% 4.8% 6.0% 2.8% 4.5%  
 
Manufacturing Sales (SA, $millions) $3,924 $5,731 $1,355 $1,498 $53,816 Jan-17
% ch. from previous month -0.3% 2.7% 3.4% 1.7% 0.6%  
% ch. from previous year 7.0% 14.8% 12.6% 0.6% 2.7%  
 
Building Permits (SA, $millions) $1,276 $1,121 $247 $264 $7,450 Feb-17
% ch. from previous month 9.0% -8.2% 66.4% -12.6% -2.5%  
% ch. from previous year 9.7% -21.8% 35.8% 31.1% 3.9%  
 
Housing Starts (SAAR, thousands) 47 35 5 9 254 Mar-17
% ch. from previous month 55.6% 32.8% 3.6% -6.2% 18.4%  
% ch. from previous year 8.1% 58.4% 33.0% 196.9% 24.7%  
 
International Trade
Merchandise Exports ($millions) $2,980 $8,000 $2,262 $1,098 $38,491 Feb-17
% ch. from previous month -17.3% -3.9% -12.7% -8.4% -5.4%  
% ch. from previous year 4.8% 36.9% 3.5% -2.7% 2.4%  
 
Merchandise Imports ($millions) $3,816 $2,033 $773 $1,693 $42,483 Feb-17
% ch. from previous month 1.8% -2.4% -9.8% 8.8% 1.5%  
% ch. from previous year -2.3% -5.3% 8.4% 6.2% -1.3%  
 
Demographics
Population (estimate) 4,777,157 4,280,127 1,158,339 1,328,346 36,503,097 Q1 2017
% ch. from previous year 1.3% 1.5% 1.5% 1.7% 1.3%  
Largest Cities (CMAs) Vancouver (2,463,431) Calgary (1,392,609) Saskatoon (295,095) Winnipeg* (778,489)   2016
  Victoria* (367,770) Edmonton* (1,321,426) Regina* (236,481)      

* Provincial Capital

[1] Real GDP at basic prices, forecast (Conference Board of Canada Provincial Outlook Spring 2016)

SA - Seasonally adjusted

SAAR - Seasonally adjusted at annual rates

Sources: Statistics Canada and Conference Board of Canada