It’s been an interesting couple of years for the Central Alberta economy. However, resilience has paid off, as the cities and towns within have scraped, scrapped, and pulled through. 2017 is in full swing and this spring season marks further growth with reports showing that we’re headed in the right direction. These accounts detail economist optimism, citing a rise in commercial permits, fueled in part by renewed interest in the energy sector. But what makes the forecast even more favourable, is the anticipated sustainability of this return to form. When we state sustainability, we’re not referring to eco-consciousness (although that is true too), we’re referencing an economic model that is endurable and less dependent upon a singular industry, a fault of the past Central Alberta economy.
What is to credit for this new and sustainable economic model? Let’s look into it.
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