- Trade policy uncertainty is affecting businesses in North America.
- Alberta business owners are concerned about trade uncertainty.
Study Estimates 330,000 Jobs Supported by Alberta's Trade
What happened
A study commissioned by the Calgary Chamber of Commerce outlines the economic risks of Alberta separating from Canada. The report estimates that trade with the rest of Canada supports roughly 330,000 jobs in Alberta, spanning sectors like manufacturing, wholesale trade, and agriculture. Furthermore, Alberta's trade supports about 230,000 jobs and $34 billion in Ontario.
From edmontonjournal.com
Why it matters
Alberta generates 55 cents of every dollar of income from exports, making international trade crucial to its economy. The United States is Alberta's largest customer, and the trade relationship with Ontario is substantial.
Alberta business owners are concerned about trade uncertainty, a situation that is affecting businesses across North America.
From edmontonjournal.com
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- OntarioSpeculative
The instability of a major trading partner could introduce risk to established interprovincial trade flows, potentially affecting Ontario's revenue.
Keep exploring
The entities involved
-
Alberta
province of Canada
Related events
- Trade goods are required to pass through the province of Alberta.
- Both Alberta and British Columbia are currently negotiating major infrastructure deals between the two provinces.
- Advocacy for trade interests took place in a legislative conference involving Minnesota and Alberta.
- Thom Petersen met in Calgary, Alberta, to discuss trade integration following Donald Trump's imposition of 50% tariffs on Canadian goods.
- Alberta businesses are strengthening domestic supply chains while U.S. tariffs disrupt Canadian supply chains.