“This month, Alberta leads Canada in new jobs, with nearly 38,000 jobs added in October. Alberta continues to attract job-creating investment thanks to its business-friendly environment and competitive tax rates. Most of these gains came from the private and service-producing sectors, fueled by over 31,000 new full-time jobs.
“As we continue to diversify our economy, I’m very pleased to see growth in manufacturing, which gained 4,700 jobs in October – an increase of more than 14 per cent since last year. In addition, our construction industry also gained 5,600 jobs. One exciting new example in manufacturing is S3 Group, an agricultural equipment company that received $1.3 million from Alberta’s Investment and Growth Fund. S3 Group will spend $7 million on a manufacturing centre in Medicine Hat, creating an estimated 100 permanent and 14 temporary jobs for Albertans.
“Average weekly wages in Alberta continue to be the highest among the provinces at $1,332. We are also ensuring the economy has a skilled workforce with a recent $12.4-million investment in almost 2,000 new apprenticeship seats across the province – bringing the total funding for apprenticeship training in 2023-24 to $54.4 million.
“Alberta has once again demonstrated why it is the economic and job creation engine of Canada.”
- Growing opportunity for Medicine Hat (Oct. 18, 2023)