Calgary’s economy is projected to grow at a faster pace than the rest of the country next year, even while trade tensions, geopolitical instability and shifting domestic policy are creating uncertainty for the city, a new outlook suggests.
Diversification and innovation are key to maintaining growth in the years ahead, according to Calgary Economic Development’s outlook for 2026, released Wednesday.
“It’s been a very difficult and long journey to see diversification in the Calgary economy,” Mark Parsons, a chief economist with the Alberta bank ATB Financial, said in an interview. “What we’re seeing in the last three years, especially, is that it truly is happening.”
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