Navigate Up
Sign In

The Manufacturing Sector

Make no bones about it. Alberta’s manufacturing sector is the backbone of the province.

Manufacturing supports various industries through technological advancements, while leading the way in innovative progress for energy, agriculture, chemical products, electronics, healthcare, and transportation.

It might surprise you to know that 87% of Alberta’s manufacturing is led by small businesses, with many of these businesses providing large companies with manufactured components.

To say the manufacturing sector has a significant impact on the province would be the biggest of understatements. ​

Manufacturing in Alberta makes great sense. And a whole lot of dollars.

economic multiplier 
manufacturers that are small businesses 
jobs created 
sales in billions 

Home is where the heart is. And where the manufacturing is.

Alberta’s food manufacturing sector is closely integrated with the primary agriculture producers in Alberta. Which means the sector can enjoy reliable and low cost access to agriculture commodities produced provincially. As such, the sector has remained recession proof by accessing emerging markets and enjoying positive growth. Even in slow economic times, the food manufacturing sector has remained stable and continues to provide opportunities for Alberta and Albertans alike.

Manufacturing Trends: 2015-2016

  • Outsourcing of specific skills (human resources, information technology, and engineering): has had a large effect on estimates of the manufacturing workforce, which appears to have declined significantly over the last decade.
  • Aging workforce: the share of manufacturing workers who are 55 years old or older surpassed the same share in other industries in 2013. In 2014, over 20% of manufacturing workers were over 54 years old.
  • Decline in oil prices: has lowered the demand for manufactured goods and was significant enough to stall the growth generated by an otherwise expanding manufacturing output due to the favorable exchange rate and higher demand from the U.S.
  • Technological advancements: the current manufacturing workplace looks very different from the traditional manufacturing factories. The workflow is predominantly automated and technical skills are almost always necessary to operate CNC (Computer Numerical Control) machinery1.
​​1The Future of the Manufacturing Labour Force in Canada. CME/CSTEC National Manufacturing Labour Market Information Report. December 2015.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​
Get in touch today

Start the conversation with an ATB Manufacturing Expert

GlassdooreSSENTIAL Accessibility™Diversity and InclusionATB Listens

About ATB | Contact Us | Find a Branch or ABM | Current Rates | Privacy and Security | Legal | Code of Conduct | Site Map | Vendor Resources

2017 ATB Financial. All rights reserved. ®ATB Financial is a trade name/registered trademark of Alberta Treasury Branches.

ATB Financial