Alberta is on the verge of another boom — will it be more sustainable this time around?

Province with deepest economic contraction of 2020 on pace to post biggest expansion of 2021 and carry gains into next year

Canada’s biggest oil and gas producing province is enjoying an economic resurgence after years of contractions and interrupted recoveries since the oil price crash of 2014. Economists say the province’s oil and gas industry, buoyed by higher crude oil and natural gas commodity prices, is leading the growth, but the current rebound is not limited to higher oil and gas activity as other sectors including residential real-estate investment, manufacturing and services are also rebounding.