Insights & Analysis

March 7, 2023

PODCAST: Episode #90: The Brief: Economic Expectations & Lessons from Budget 2023

At the start of 2023, things were looking up for the province of Alberta. In fact, Alberta was experiencing one of the most dramatic fiscal turnarounds in history. At the same time, Albertans and Canadians were struggling with the rising cost of living, a challenge the Bank of Canada sought to address by hiking interest rates. Now, as we get near the end of the first quarter of 2023, how have those realities held?

In this episode, BCAs Economist, Alicia Planincic, joins to discuss economic expectations for the remainder of the year, the latest GDP forecast for Canada, the outlook from Alberta’s business leaders and the economic lessons we can take from Alberta’s Budget 2023.

In this episode:

  • How GDP measures economic well-being
  • Canada’s GDP numbers and what they mean for Albertans
  • Post-COVID economic growth in Alberta
  • Likelihood of a recession in Canada and Alberta
  • Provincial outlook from Alberta business leaders
  • Lessons from Budget 2023 on economic growth
  • Investment landscape for Alberta in 2023
  • Impact of Alberta’s affordability plan

Resources mentioned:

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.

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