- In studies published in 2017 and 2019, we measured Alberta’s net contribution to Canada’s economy during the most recent economic boom in the province. The first of these studies showed that when it comes to overall economic growth, job creation, or business investment, Alberta made a substantial contribution to the health of the Canadian economy from 2004 to 2014, a contribution significantly disproportionate to the size of the province’s population.
- Alberta’s large contribution has helped stabilize federal finances and prevented the federal government from running even larger deficits. In 2018/19, for example, in the absence of Alberta’s net contribution and if all else had remained equal, Canada’s deficit would have been over $29.3 billion—more than twice the $14 billion that was in fact the case.
