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) $224 $298 $60 $57 $1,716 2017
% ch. from year earlier 2.5% 3.3% 2.5% 2.1% 2.3%  
 
Labour Market
Employment (SA, thousands) 2,486 2,299 568 644 18,411 Jun-17
Change from previous month 19.7 7.5 -1.9 1.6 45.3  
% ch. from previous month 0.8% 0.3% -0.3% 0.2% 0.2%  
% ch. from year earlier 4.4% 2.2% -0.3% 1.3% 1.9%  
 
Unemployment Rate (SA,%) 5.1% 7.4% 6.5% 5.3% 6.5% Jun-17
percentage points from previous month -0.5 -0.4 0.2 0 -0.1  
percentage points from year earlier -0.8 -0.5 0.3 -0.9 -0.3  
 
Regular EI beneficiaries (SA) 53,180 79,210 18,850 15,240 541,150 Apr-17
Change from previous month 370 -3,170 300 -210 -6,970  
% ch. from previous month 0.7% -3.8% 1.6% -1.4% -1.3%  
% ch. from previous year 1.1% 7.9% 16.3% -2.2% -0.6%  
 
Average weekly earnings $934.23 $1,125.69 $1,004.61 $919.70 $971.13 Apr-17
Change from previous year $13.28 $6.29 $20.35 $31.96 $18.73  
 
Prices
CPI (y/y) 1.9% 1.2% 0.9% 1.0% 1.3% May-17
CPI (y/y) previous month 2.1% 1.7% 1.4% 1.6% 1.6% Apr-17
 
Consumers and Business
Retail Sales (SA, $millions) $6,836 $6,670 $1,649 $1,674 $48,639 Apr-17
% ch. from previous month 0.3% 0.5% -4.1% 1.9% 0.8%  
% ch. from previous year 7.1% 6.0% 3.7% 5.7% 7.0%  
 
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) $1,272 $1,184 $160 $213 $7,740 May-17
% ch. from previous month 4.2% 18.2% -7.9% 0.5% 8.9%  
% ch. from previous year -0.9% 16.1% -4.1% 6.5% 10.8%  
 
Housing Starts (SAAR, thousands) 40 31 5 7 213 Jun-17
% ch. from previous month -18.0% -5.3% -0.5% -36.9% 9.1%  
% ch. from previous year -19.7% 26.7% 8.1% 33.7% -3.0%  
 
International Trade
Merchandise Exports ($millions) $3,835 $8,935 $2,626 $1,301 $45,709 May-17
% ch. from previous month -0.6% 6.3% 11.0% 13.5% 10.1%  
% ch. from previous year 25.3% 59.1% 38.3% 10.4% 23.5%  
 
Merchandise Imports ($millions) $4,184 $2,365 $1,124 $1,833 $46,421 May-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 (2,548,740) Calgary (1,469,341) Saskatoon  (315,150) Winnipeg*  (811,874)   2016
  Victoria*  (370,899) Edmonton*  (1,392,594) Regina* (247,224)      

* 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