Insights & Analysis

January 24, 2023

PODCAST: Episode #87: The Brief: A Look at Alberta’s Economy Heading into 2023

It’s a new year, and that means we’re back with a fresh look at what is happening in the economy, both here in Alberta and Canada, but also around the world.

Coming into 2023, things are a bit in flux: people are concerned about rising inflation, rising cost of living, the cost of healthcare, and a looming global economic slowdown. But despite these hardships, Alberta’s job market is hot, people are moving to Alberta, and wage growth is expected to accelerate. 

In this episode, we’re joined by BCA’s economics team, Mike Holden and Alicia Planincic, to discuss the latest economic update from the Business Council: what’s going on in the labour force, consumer sentiment, potential for a global recession, and expectations for the coming year.

In this episode:

  • What’s happening in Alberta’s economy
  • Alberta’s tight labour market
  • Understanding wage growth  
  • Affordability in Alberta and the Alberta is Calling campaign
  • The impact of a looming recession on individuals
  • Business expectations in the province
  • Global and national effects of inflation


About The Brief

In this series, co-hosts Scott Crockatt and Brittany Brander explore the big challenges we face as Albertans; celebrate stories of growth, innovation, and prosperity; and discover bold ideas to make life better for Albertans. See more episodes here.

Share this episode

On this episode of #AlbertaBETTER, BCAs economist team @MHoldenAB & @AliciaPlanincic join the show to discuss the Winter 2023 #AlbertaSnapshot economic update, Alberta's labour market & expectations for the coming year. Share this episode

Check us out on social media

Twitter: @BizCouncilAB
Facebook: @BizCouncilAB
LinkedIn: @businesscouncilofalberta
YouTube: Business Council of Alberta

Subscribe to AlbertaBETTER

Apple Podcasts
Google Podcasts

Share your thoughts

Have an idea for us to explore or question for us? Send us a message!

join the movement

Sign up to stay updated on our work and join the movement toward a better Alberta for all.


In the spirit of truth, reconciliation, and respect, we honour and acknowledge the lands upon which we live and work as guests, including the traditional territories of the First Nations in Treaties 6, 7, and 8 and the citizens of the Metis Nation of Alberta. We thank the First Peoples of this land, which we now call Alberta, for their generations of stewardship of the land, and we seek to walk together in the spirit of truth and reconciliation to build a shared future for all in Alberta.

Ⓒ Copyright Business Council of Alberta | Whistleblower Policy

Share This