Pass the Romulan ale shipmates. According to Statistics Canada the current boom has taken Alberta where no province has gone before. "Alberta is in the midst of the strongest period of economic growth ever recorded in any Canadian province," the federal number cruncher reported last week. "And there is no sign of slowing down." Indeed, we may soon need to find some new superlatives to describe what's happening in Wild Rose Country. We're talking economic warp speed. The province's per capita income has doubled over the past decade to $66,275, which is more than 50% above the national average. As Statistics Canada points out, that's the widest income gap ever recorded among provinces in the nation's 137-year history.
Canada not big enough for you? Across North America we have the largest percentage of our population employed, and the lowest unemployment rate. The job market is so tight it squeaks. That's bad news for business. But the good news for business is that profits in Alberta have doubled in the past four years to a staggering $53 billion. Alberta accounts for about 15% of the national economy, but almost 30% of Canadian business profits.