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Industrial Insights - Greater Edmonton - Q3 2014

​The Alberta economy has continued to gain momentum throughout the third quarter of 2014. It has been a busy year for oil & gas drilling activity with 278 active drilling rigs in Alberta this September, which is a 10.9 percent increase from last year.

This higher level of activity has caused a trickle down effect to other market sectors within the province as we’ve seen the following: consumer spending has increased; building permits were up at $1.7 billion as of August 2014.

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