ATB's Quarterly Alberta Economic Outlook
ATB leverages its understanding of Alberta's economy to produce a quarterly economic forecast for the province.
The Twenty-Four Seven by ATB
Welcome to The Twenty-Four Seven. With a fresh new look, The Twenty-Four Seven delivers the analyses, insights and news you’ve come to expect from our team of economic experts.
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Chart of the week
April 4, 2025
Chart of the Week: What happens when transportation infrastructure is built?
On the topic of ‘getting things done in Canada’ it’s useful to have examples of success stories.
In the energy sector, we have two recent examples. One is Trans Mountain Expansion, with crude oil shipments to Asia surging in 2024. The other one is propane. Shipments to Asia, primarily Japan and South Korea, took off starting in 2019 with the Ridley Island Export terminal. We have highlighted both trends in a recent Twenty-Four.
The U.S. Energy Information Agency this week highlighted the rising propane shipments to Asia out of Canada. Even more capacity is being added. AltaGas and Vopak are building the Ridley Island Energy Export Facility (REEF), which is expected to add 55,000 barrels per day of capacity in phase 1 and scheduled to come online by the end of 2026.
According to the EIA, “the planned capacity addition is expected to lead to more waterborne propane exports to markets in Asia, and, to a lesser extent, the western coast of South America and Mexico.”
Economic Insights Focused on Alberta's Economy
ATB’s team of economists make sense of the latest data and trends in daily insights delivered right to your inbox.
THE TWENTY-FOUR (daily)
Retail sales, the unemployment rate, population growth, inflation, international trade—these are just a few of the economic trends the team makes sense of in ATB’s daily insights.
‘Liberation day’ fallout
The U.S. announces reciprocal tariffs on 60 countries, Canada spared for now
Not just Canada
Consumer sentiment dampens while inflation expecations soars in the U.S.
Mind the gap
The light-heavy differential holds steady as demand for Canadian crude picks up
THE SEVEN (weekly)
A review of the key economic highlights of the week impacting Alberta.
The Seven, April 4, 2025
Feel the vibrations
The Seven, March 28, 2025
Grand theft auto tariffs
The Seven, March 21, 2025
Forecasting in the fog
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