Quarterly Summaries

Quarterly Summaries

2012 Economic Update - May 2012 - Hold on to your hat

June 1, 2012

released its first economic outlook for the Calgary economy in 2012 entitled “Didn’t Calgary Get the Memo?” The premise of the outlook centred on the prediction that Calgary and Alberta were going to experience strong economic growth, despite acute and continued global economic uncertainty driven by high government debt and financial market instability.
Now, nearly eight months after the release of the Calgary Chamber’s 2012 economic outlook, the global economy continues to be fragile, but Calgary remains strong. Looking ahead to the balance of 2012, the following should be considered.

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