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) 2,467 2,291 570 643 18,366 May-17
Change from previous month 12.3 2.1 2.1 2.7 54.5  
% ch. from previous month 0.5% 0.1% 0.4% 0.4% 0.3%  
% ch. from year earlier 4.2% 1.8% 0.3% 1.1% 1.8%  
 
Unemployment Rate (SA,%) 5.6% 7.8% 6.3% 5.3% 6.6% May-17
percentage points from previous month 0.1 -0.1 0.1 -0.1 0.1  
percentage points from year earlier -0.5 -0.2 0.3 -0.6 -0.3  
 
Regular EI beneficiaries (SA) 52,660 84,390 18,400 15,480 551,070 Mar-17
Change from previous month -690 -3,640 310 -140 -2,850  
% ch. from previous month -1.3% -4.1% 1.7% -0.9% -0.5%  
% ch. from previous year -2.1% 21.1% 14.1% -1.5% 0.7%  
 
Average weekly earnings $932.94 $1,117.59 $1,008.48 $908.32 $966.06 Mar-17
Change from previous year $17.52 -$9.40 $25.45 $21.41 $8.25  
 
Prices
CPI (y/y) 2.1% 1.7% 1.4% 1.6% 1.6% Apr-17
CPI (y/y) previous month 2.0% 1.3% 0.6% 1.6% 1.6% Mar-17
 
Consumers and Business
Retail Sales (SA, $millions) $6,807 $6,631 $1,727 $1,635 $48,290 Mar-17
% ch. from previous month 2.3% -0.5% 2.7% 0.3% 0.7%  
% ch. from previous year 8.9% 7.2% 8.7% 2.2% 6.9%  
 
Manufacturing Sales (SA, $millions) $4,021 $6,005 $1,258 $1,460 $54,431 Apr-17
% ch. from previous month 1.2% 3.0% -6.0% -0.2% 1.1%  
% ch. from previous year 8.8% 15.8% 10.7% -1.2% 7.6%  
 
Building Permits (SA, $millions) $1,210 $992 $174 $202 $7,057 Apr-17
% ch. from previous month 23.4% -10.8% 13.2% 11.5% -0.2%  
% ch. from previous year -0.3% -22.4% 4.1% -36.7% -3.3%  
 
Housing Starts (SAAR, thousands) 48 33 6 11 195 May-17
% ch. from previous month 5.2% 4.0% 30.2% 89.6% -8.8%  
% ch. from previous year 32.5% 48.0% 55.5% 88.4% 4.1%  
 
International Trade
Merchandise Exports ($millions) $3,857 $8,406 $2,363 $1,139 $41,490 Apr-17
% ch. from previous month -5,3% -11.5% -6.7% -0.7% -9.2%  
% ch. from previous year 34.9% 55.6% 13.0% -0.7% 14.3%  
 
Merchandise Imports ($millions) $4,184 $2,365 $1,124 $1,833 $46,421 Apr-17
% ch. from previous month -2.2% -1.0% 12.9% -12.5% -6.7%  
% ch. from previous year 9.2% 19.8% 26.5% 5.9% 5.4%  
 
Demographics
Population (estimate) 4,789,221 4,291,980 1,161,365 1,332,629 36,591,241 Q2 2017
% ch. from previous year 1.3% 1.4% 1.4% 1.6% 1.2%  
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 Executive Summary: Spring 2017)

SA - Seasonally adjusted

SAAR - Seasonally adjusted at annual rates

Sources: Statistics Canada and Conference Board of Canada