Upward economic trend forecast for Red Deer

Upward economic trend forecast for Red Deer

2017 was a year of recovery for Red Deer’s economy, according to The Conference Board of Canada.
“With oil prices starting to come back we saw nice bounce back activity in Red Deer last year, growth just above four per cent so it’s quite a good news story for Red Deer last year,” said Alan Arcand, associate director for the Centre for Municipal Studies with the conference board.
Construction in advance of the 2019 Canada Winter Games has given a boost to the local economy, as the games will do next year, he said.

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