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) $221 $295 $58 $57 $1,710 2017
% ch. from year earlier 2.4% 2.2% -1.2% 2.0% 2.1%  
 
Labour Market
Employment (SA, thousands) 2,454 2,289 568 640 18,311 Apr-17
Change from previous month 11.3 -0.3 -2.2 -0.5 3.2  
% ch. from previous month 0.5% 0.0% -0.4% -0.1% 0.0%  
% ch. from year earlier 3.4% -0.8% 0.2% 1.1% 1.5%  
 
Unemployment Rate (SA,%) 5.5% 7.9% 6.2% 5.4% 6.5% Apr-17
percentage points from previous month 0.1 -0.5 0.2 -0.1 -0.2  
percentage points from year earlier -0.3 0.5 -0.1 -0.8 -0.6  
 
Regular EI beneficiaries (SA) 53,530 88,470 18,040 15,660 554,160 Feb-17
Change from previous month -1150 -3,330 -770 -290 -11,690  
% ch. from previous month -2.1% -3.6% -4.1% -1.8% -2.1%  
% ch. from previous year -0.9% 31.8% 13.5% 0.1% 0.7%  
 
Average weekly earnings $931.22 $1,108.40 $1,003.63 $907.02 $967.59 Feb-17
Change from previous year $18.02 -$13.00 $15.38 $17.96 $14.11  
 
Prices
CPI (y/y) 2.0% 1.3% 0.6% 1.6% 1.6% Mar-17
CPI (y/y) previous month 2.3% 2.2% 1.4% 2.3% 2.0% Feb-17
 
Consumers and Business
Retail Sales (SA, $millions) $6,618 $6,634 $1,677 $1,635 $47,763 Feb-17
% ch. from previous month -0.7% -0.3% 0.6% -0.1% -0.6%  
% ch. from previous year 4.3% 6.3% 4.8% 1.4% 4.7%  
 
Manufacturing Sales (SA, $millions) $3,847 $5,744 $1,361 $1,477 $53,629 Feb-17
% ch. from previous month -1.7% -1.4% 0.4% -1.4% -0.2%  
% ch. from previous year 5.9% 16.4% 22.7% 3.1% 6.8%  
 
Building Permits (SA, $millions) $962 $1,110 $151 $181 $7,002 Mar-17
% ch. from previous month -23.1% -0.6% -38.6% -31.5% -5.8%  
% ch. from previous year -13.3% 9.8% 13.2% -25.7% 1.5%  
 
Housing Starts (SAAR, thousands) 47 31 4 6 214 Apr-17
% ch. from previous month -0.9% -11.1% -17.9% -31.9% -15.1%  
% ch. from previous year 0.0% 9.0% -9.7% 13.6% 13.5%  
 
International Trade
Merchandise Exports ($millions) $4,068 $9,603 $2,560 $1,146 $45,861 Mar-17
% ch. from previous month 35.5% 20.3% 13.4% 4.7% 19.2%  
% ch. from previous year 26.8% 68.3% 20.2% -4.2% 16.5%  
 
Merchandise Imports ($millions) $4,543 $2,373 $994 $2,083 $49,861 Mar-17
% ch. from previous month 10.9% 16.5% 28.4% 22.6% 16.4%  
% ch. from previous year 6.8% 6.6% 10.6% 11.9% 8.2%  
 
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 Long-Term Economic Forcast 2017)

SA - Seasonally adjusted

SAAR - Seasonally adjusted at annual rates

Sources: Statistics Canada and Conference Board of Canada