“Alberta is coming back. Our economy continues to grow, which is great news for all Albertans.
“February marks the fourth straight month of job gains in our province, which reflects the strength of our recovery coming out of the pandemic. An increase of 8,200 jobs has dropped our unemployment rate to 6.8 per cent, the lowest rate we’ve seen since September 2019. Every job added means another Albertan is receiving a regular paycheque. Every drop in unemployment means more Albertans returning to the workforce.
“As we emerge from a difficult few years, there is increasing evidence that our economy is on the verge of taking off. Economic indicators like building permits are up and more businesses were incorporated in Alberta in February compared with the same time last year. Additionally, our international exports are up by more than 65 per cent.
“The most recent projections by RBC show Alberta leading the country in GDP growth in 2022 at 5.8 per cent. Our work to cut red tape, lower the corporate tax rate and make Alberta’s economy one of the freest in the country are instrumental to making that growth possible. Additionally, Budget 2022 is focused on moving Albertans forward and investments in initiatives like Alberta at Work will help position Albertans for success.”