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Alberta key customer for other provinces

Alberta key customer for other provinces

Posted on: 4/17/2018 | Author: ATB Financial's Economics + Research Team

Alberta may be a major supplier of goods and services to other provinces, but it's also a great customer. Of the $129-billion in trade between the province and other parts of Canada in 2016, Alberta's purchases accounted for $4-billion more than what it sold to its national counterparts.

Considering the numbers for 2014, the most recent year for which detailed data are available from Statistics Canada, Alberta comes out as a more important buyer than seller to every province except Ontario. British Columbia’s exports to Alberta made up 44.2 per cent of that province's total trade with the rest of Canada whereas Alberta’s exports to B.C. represented only 22.8 per cent of our total.

Looking eastward, Ontario’s sales to Alberta accounted for 26.4 per cent of its domestic exports while Alberta’s sales to Ontario represented 37.2 per cent of our domestic exports. Even though the relationship seems more important to us than it is to them, Alberta still bought $34.6-billion worth of goods and services from Ontario suppliers in 2014.

This is all proof that Alberta’s strong economic base continues to be a boon to exporters in other parts of the country, especially for our neighbours to the west.

Tomorrow’s edition of The Owl will explore what products and services Alberta buys from and sells to the rest of Canada.

Interprovincial trade, graph

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