ATB Economic Insights

ATB's economics team analyzes the latest statistics related to economic drivers and provides insight on Alberta's economy now and in the future.

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ATB's Quarterly Alberta Economic Outlook

ATB leverages its understanding of Alberta's economy to produce a quarterly economic forecast for the province.

Chart of the week

May 3, 2024

Population growth, naturally speaking


With Canada’s population surging, most of the attention has been on immigration. There’s a good reason for that. International migration (including temporary residents) accounted for nearly 98% of Canada’s population growth in 2023. The remainder is what demographers call ‘natural increase’, simply measured as births minus deaths. The numbers are small and shrinking, thanks to an aging population and declining total fertility rates. Natural increase peaked in 1959, with the downward trend accelerating after 2009.

The national numbers mask a greater deal of regional variation, mainly reflecting different age structures. Of the 31,100 national population gain through natural increase, 16,350 came from Alberta and 16,770 from Ontario. Natural decline was experienced in B.C. and each of the Atlantic provinces, while Quebec was effectively flat (+300).

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 Owl (Daily Insights)

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.

Barreling ahead

Record oil production ahead of TMX

Room to grow

Alberta’s exports to the U.K.

Lagging behind

Canadian economy slower in February and March

                                   Read more daily insights >

Weekly Wrap

A review of the key economic highlights of the week impacting Alberta.

Weekly Wrap, Friday, May 3, 2024

Now flowing

Weekly Wrap, Friday, April 26, 2024

Hope springs eternal

Weekly Wrap, Friday, April 19, 2024

Cooling core inflation and the need for investment

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