1. Highlights of the Alberta
Economy 2011

2. Table of Contents
• Economic Highlights
– Growth
– Economic prosperity
– Attractive Investment Climate
– Exports
• A Diversified and Prosperous Economy
– Energy
– Environment
– Agriculture
– Forestry
– Manufacturing
– Advanced Technology Industries
– Advanced Technology (Broadband Usage)
– Financial Services
– Tourism

3. Table of Contents (cont.)
• Doing Business in Alberta
– Competitiveness
– Entrepreneurship
– Research and Development
– Government
– Competitive Corporate Taxes
– Provincial and State Corporate Taxes
– Educated Work Force

4. Table of Contents (cont.)
• Working in Alberta
– Strong Labour Market
– Low Personal Taxes
– Family Income
– Standard of Living
• Living in Alberta
– People
– Education
– Health Care
– Arts and Culture
– Volunteerism
– Living in Alberta
• Online Resources

5. Alberta:
The Best Place to Live, Work and Do Business

6. Economic Highlights
Growth
Growth In Selected Indicators: 2000 - 2010
Per cent Change
23.9
Population
11.2
Alberta Canada
27.4
Employment
16.0
27.7
GDP
20.4
40.6
Goods Exports
-3.2
88.0
Investment
73.4
Source: Statistics Canada and Alberta Treasury Board and Enterprise

7. Economic Highlights
Economic Prosperity
Economic Diversity: 1985 Economic Diversity: 2009
Percentage Distribution of GDP Percentage Distribution of GDP
Total GDP: $66.8 Billion Total GDP: $247.2 Billion
Construction
6.7% Construction
Agriculture 10.6%
Energy
3.0% Energy Agriculture 23.4%
Health 36.1% 1.4%
3.6% Health Manufacturing
Education 4.9% 6.5%
3.6%
Education Transportation &
Public Administration 3.7% Utilities
4.8% 7.2%
Manufacturing Public
Retail & Wholesale 6.0% Administration
8.1% 4.0% Business &
Transportation & Retail & Wholesale Commercial
Tourism & 9.0% Services
Utilities
Consumer Services Business & 7.7% 9.6%
3.8% Finance & Real Tourism & Finance & Real
Commercial
Estate Services Consumer Services Estate
11.0% 5.2% 14.6%
5.5%
Sources: Statistics Canada and Alberta Treasury
Board and Enterprise

8. Economic Highlights
Attractive Investment Climate
Per Capita Investment (2010)
Alberta $18,930
Saskatchewan $15,161
Newfoundland & Labrador $12,847
Canada $9,911
British Columbia $9,815
Manitoba $8,660
Ontario $8,267
Quebec $8,112
New Brunswick $7,757
Nova Scotia $7,243
Prince Edward Island $6,732
Source: Statistics Canada

9. Economic Highlights
Exports
Alberta’s Major Exports 2010*
Total Exports of Goods ($77.8 Billion)
Crude Petroleum 38.8
Gas and Gas Liquids 13.7
Petrochemicals 6.2
Metals & Machinery 5.1
Crops & Livestock 3.3
Forestry Products 2.3
Processed Food & Beverages 2.1
Refined Petroleum Products 1.4 $ Billions
Sulphur & Coal 1.3
Electronic & Electrical Products 0.9
Others 2.6
* Export of services is not included in this estimate
Sources: Statistics Canada and Alberta Treasury Board and Enterprise

10. A Diversified and Resource-based Economy
Energy
Alberta’s Energy Revenues 2010 Alberta’s Energy Exports 2010
Total: $73.2 Billion Total: $53.9 Billion
Natural
Natural
Coal and Gas & Gas Coal and
Gas & Gas
Sulpur Liquids Sulphur
Liquids
1.5% 25.4% 2.4%
32.5%
Crude Oil
Crude Oil
65.9%
72.1%
Sources: Statistics Canada, Energy Resources Conservation Board, Alberta Treasury Board and Enterprise

11. Diversified and Resource-based Economy
Oil Sands and the Environment
Alberta’s oil sands account for about five per cent of Canada’s overall
greenhouse gas (GHG) and Canada is responsible for about two
per cent of global emissions.
Large industrial emitters of GHGs per year must meet mandatory
reduction targets, purchase Alberta offset carbon credits or pay
$15 per tonne into a clean energy technology fund.
Air quality is monitored 24 hours a day, 365 days a year across the
province and is rated good in the oil sands region – the highest
quality.
The Alberta Government has committed $2 billion (CDN) to
commercial scale carbon capture and storage projects.

12. A Diversified and Resource-based Economy
Agriculture
Alberta’s Major Agricultural Products 2010
Farm Cash Receipts ($ Billions)
Total: $8.98 Billion
Beef Cattle 3.07
Other Receipts* 2.04
Canola & Flax 1.71
Wheat (incl. Durum) 1.13
Dairy 0.48
Hogs 0.37
Oats, Rye & Barley 0.19
*Includes specialty cash crops, honey, poultry, eggs, program payments, etc.
Source: Statistics Canada

13. A Diversified and Resource-based Economy
Forestry
Shipments of forest products reached $4.0 billion in
2010, and exports were $2.3 billion*.
Alberta covers over 66 million hectares of land, 58% or
38 million hectares of which is forested. Of the
forested area, about 60 per cent or 22.5 million
hectares are considered suitable for harvest.
Alberta's commercially productive timber land base of
26.1 million hectares covers 40 per cent of Alberta's
total area and includes in excess of 2.2 billion m3 of
growing stock.
Annually, Alberta allows 29.7 million cubic meters (m3)
to be harvested, of which 18.4 million m3 is
coniferous, and 11.3 million m3 is deciduous.
* Includes wood products and pulp & paper

14. A Diversified and Resource-based Economy
Manufacturing
Value of Alberta Manufacturing Shipments 2010
Total: $60.1 Billion
Refined Petroleum 14.7
Food 10.7
Chemical Products 10.5
Machinery 6.2
Fabricated Metals 4.4
*Forest Products 4.0
Construction Materials 2.0
Plastics 1.4
Furniture and Fixtures 0.8 $ Billions
**Electronic Products 0.4
Other Manufacturing* 4.9
*Includes wood and pulp & paper industries
**Includes telecom equipment
Source: Statistics Canada

15. A Diversified and Resource-based Economy
Advanced Technology
Broadband Usage
Korea 96
Norway 78
Broadband Usage– International 2009
Canada 72 Percentage of House holds
Germany 65 Accessing the Internet by Broadband
Japan 60
France 57 British Colum bia 81
Italy 39 Alberta 79
Ontario 74
Canada 72
Manitoba 71
Broadband Usage– Canada 2009 Nova Scotia 70
Percentage of House holds Prince Edw ard Island 70
Accessing the Internet by Broadband
Saskatchew an 69
New foundland and Labrador 65
New Brunsw ick 65
Sources: Statistics Canada and OECD
Quebec 64

16. A Diversified and Resource-based Economy
Financial Services
Alberta 26
Quebec 22
Financial Services Employment Growth 2002 - 2010
Ontario 21
Percentage increase in Employment
Canada 20
BC 17
Alberta 58
BC 38
Canada 31
Financial Services GDP Growth 2002– 2010
Percentage increase in GDP
Ontario 27
Quebec 27

17. A Diversified and Resource-based Economy
Tourism
Alberta Tourism Receipts by Visitor Overnight Tourism by Tourism
Origin (2009) Destination Region (2009)
Total : 40.4 Million Person Nights
Total: $5.4 Billion
Alberta
53% Edmonton &
Alberta Area
Central 22%
17%
Alberta
North
6%
Canadian
Unspecified Rockies
Region 15%
3%
Overseas
13% Alberta South
Other Canada 10%
23%
United States Calgary & Area
11% 27%
Source: Statistics Canada and Alberta Tourism, Parks & Recreation

18. Doing Business in Alberta
Competitiveness
Business Sector Labour Productivity 2010
Real GDP per Hour Worked, in 2002 constant dollars
Alberta $47.00
Newfoundland and
$45.00
Labrador
Saskatchewan $42.80
Ontario $38.20
Canada $38.20
Quebec $36.50
British Columbia $34.20
Manitoba $33.90
New Brunswick $29.80
Nova Scotia $28.60
Prince Edward Island $25.60
Source: Statistics Canada – GDP at basic prices

19. Doing Business in Alberta
Entrepreneurship
Small Business – Cornerstone of the Economy 2000 – 2010
Percentage Change in Small Business Establishments (Less than 50 Employees)
15.5% Alberta
14.0% Ontario
9.3% British Columbia
6.3% Canada
-0.4% Manitoba
-2.7% Quebec
-4.0% Newfoundland and Labrador
-5.2% Nova Scotia
-8.2% Saskatchewan
-9.2% New Brunswick
-19.1% Prince Edward Island
Source: Canadian Business Patterns, Statistics Canada

20. Doing Business in Alberta
Research & Development
Under the banner Alberta Innovates, the Alberta government created new
organizations that focus Alberta’s provincial research efforts in the areas of
agriculture, forestry, energy and environment, health, and technology
commercialization. They Include:
•Bio Solutions
•Energy and Environment Solutions
•Health Solutions
•Technology Futures
•Alberta Research and Innovation Authority

21. Doing Business in Alberta
Government
Provincial Net Financial Assets/Debt
as a per cent of GDP (2010-2011)
9.6% Alberta
-6.4% Saskatchewan
-14.7% British Columbia
-23.1% Manitoba
-28.6% Newfoundland & Labrador
-30.4% New Brunswick
-33.3% Prince Edward Island
-33.5% Ontario
-34.0% Canada
-38.2% Nova Scotia
-49.4% Quebec
Source: Conference Board of Canada

22. Doing Business in Alberta
Competitive Corporate Taxes
Comparison of Corporate Income Taxes
United States 32.7% 6.5%
February 2011 39.2%*
Alberta January 16.5% 10.0% 26.5%
2011
Alberta 2012 15.0% 10.0% 25.0%
Federal Provincial / State
*6.5% represents the average effective top general state corporate income tax rate
U.S. rates known as of February 2011
Source: Alberta Treasury Board and Enterprise, and Tax Foundation

23. Doing Business in Alberta
Provincial & State Corporate Taxes
Provincial Corporate Income Tax Rates (per cent) State Corporate Income Tax Rates (per cent)
Manufacturing Small Manufacturing Small
Province General & Processing Business State General & Processing Business
Alberta 10 10 3 Oregon 7.6 7.6 6.6
British Columbia 10 10 2.5 California 8.84 8.84 8.84
New Brunswick 10 10 5 North Dakota 6.4 6.4 6.1
Quebec 11.9 11.9 8 Montana 6.75 6.75 6.75
Manitoba 12 12 0 Idaho 7.6 7.6 7.6
Saskatchewan 12 10 2 Colorado 4.63 4.63 4.63
Ontario 11.5 10 4.5 Utah 5 5 5
Newfoundland & Labrador 14 5 4 New Mexico 7.6 7.6 4.8
Prince Edward Island 16 16 1 Louisiana 8 8 7.1
Nova Scotia 16 16 4.5 Arizona 6.97 6.97 6.97
Federal 16.5 16.5 11 Federal 35 31.85 34
Note: Rates as of July 1, 2011
The small business rate is the effective tax rate for US$512,000 (comparable to the Canadian threshold of Cdn$500,000)
The small business income threshold for Nova Scotia and Manitoba is Cdn$400,000. For all other provinces the small
business income threshold is Cdn$500,000
Source: Canada Revenue Agency, PWC Tax News Network, Federation of Tax Administrators

24. Doing Business in Alberta
Educated Work Force
Composite Learning Index 2010
Alberta 82.0
Ontario 79.0
British Columbia 78.0
Saskatchewan 77.0
Manitoba 76.0
Canada 75.0
Nova Scotia 71.0
Prince Edward Island 69.0
Quebec 68.0
New Brunswick 65.0
Newfoundland and Labrador 61.0
Source: Canadian Council on Learning

25. Working in Alberta
Strong Labour Market
Unemployment Rates (%) by Province: 2005 – 2009 (average) and 2010
4.6
Saskatchewan
5.2
4.6
Manitoba
5.4
4.2
Alberta
6.5
5.4
British Columbia
7.6
7.8 2005 - 2009
Quebec 2010
7.9
6.7
Canada
8.0
7.0
Ontario
8.7
8.7
New Brunswick
9.3
8.2
Nova Scotia
9.3
11.0
Prince Edward Island
11.3
14.5
Newfoundland and Labrador
14.3
Source: Statistics Canada

26. Working in Alberta
Low Personal Taxes
Top Marginal Personal Income Tax Rates 2011
Alberta 29.0% 10.0% 39.0%
Ontario 29.0% 11.2% 40.2%
New Brunswick 29.0% 12.7% 41.7%
British Columbia 29.0% 14.7% 43.7%
Saskatchewan 29.0% 15.0% 44.0%
Newfoundland and
29.0% 15.5% 44.5%
Labrador
Prince Edward Island 29.0% 16.7% 45.7%
Manitoba 29.0% 17.4% 46.4%
Quebec* 24.2% 24.0% 48.2%
Nova Scotia 29.0% 21.0% 50.0%
Federal Personal Income Tax Provincial Personal Income Tax
* Quebec residents receive an abatement of 16.5% of basic federal tax because of the
province’s decision to opt out of federal cash transfers in support of provincial programs
Source: Alberta Budget 2011

27. Alberta
Sasaktchewan
$2,983
$4,244
$12,786
$14,065
$ Working in Alberta
British Columbia $5,309 $15,120 Low Personal Taxes
Ontario $5,555 $15,386
New Brunswick $6,428 $16,213
Newfoundland & Labrador $6,983 $16,773 Comparison of Provincial and
Manitoba $7,165 $16,935 Federal Taxes by Province
Nova Scotia $7,386 $17,157 Two-Income Family of Four - $75,000*
Quebec $7,236 $17,180
Prince Edward Island $7,628 $17,392
Total Provincial Tax Total Tax
Alberta $7,229 $28,801
British Columbia $9,277 $30,889
Sasaktchewan $9,824 $31,393
Comparison of Provincial and Ontario $11,157 $32,761
Federal Taxes by Province
New Brunswick $12,183 $33,725
Two-Income Family of Four -
$125,000* Newfoundland & Labrador $13,246 $34,786
Manitoba $13,811 $35,318
*As of March 2011 Prince Edward Island $14,309 $35,808
Note: Unlike in previous Highlights of the Alberta Economy
presentation reports, tobacco taxes were not included in the Nova Scotia $14,644 $36,134
personal taxes calculations since most Albertans do not
smoke. Alberta’s rankings will not change even if tobacco Quebec $17,426 $39,173
taxes were included in the comparisons.
Source: Alberta Treasury Board and Enterprise Total Federal Tax Total Provincial Tax

28. Working in Alberta
Family Income
2009 Median After-Tax Family Income
Families with Two Persons or More
Alberta $77,800
Saskatchewan $69,900
British Columbia $67,200
Ontario $66,200
Canada $63,800
Manitoba $62,400
Quebec $57,300
Prince Edward Island $55,800
Nova Scotia $55,100
New Brunswick $55,000
Newfoundland and Labrador $53,900
Source: Statistics Canada

29. Working in Alberta
Standard of Living
Index of Economic Well-Being Index of Economic Well-Being
Provincial Comparison, 2010 International Comparison, 2009
Alberta 0.731 Norway 0.799
Denmark 0.684
Newfoundland 0.638
Alberta 0.676
Saskatchewan 0.624 Germany 0.650
Prince Edward Island 0.567 Belgium 0.648
Sweden 0.637
Manitoba 0.561
Netherlands 0.636
Canada 0.561 Finland 0.626
Quebec 0.549 France 0.609
Canada 0.575
Ontario 0.543
United Kingdom 0.562
British Columbia 0.543 Australia 0.559
New Brunswick 0.501 Italy 0.532
United States 0.482
Nova Scotia 0.498
Spain 0.451
Source: Centre for the Study of Living Standards

30. Living in Alberta
People
Alberta Population by Ethnic Origin, 2006
% of Total % of Total
Ethnic Origin Number Ethnic Origin Number
Population Population
Total 3,256,355 100.0% Total 3,256,355 100.0%
English 885,825 27.2% East Indian 88,165 2.7%
German 679,705 20.9% Métis 83,235 2.6%
Canadian 667,405 20.5% Italian 82,015 2.5%
Scottish 661,265 20.3% Welsh 76,115 2.3%
Irish 539,160 16.6% American 64,200 2.0%
French 388,210 11.9% Danish 58,825 1.8%
Ukrainian 332,180 10.2% Filipino 54,305 1.7%
Dutch (Netherlands) 172,910 5.3% British Isles 53,855 1.7%
Polish 170,935 5.2% Hungarian 48,665 1.5%
North American Indian 169,355 5.2% Austrian 36,480 1.1%
Norwegian 144,585 4.4% Spanish 30,995 1.0%
Chinese 137,600 4.2% Romanian 26,870 0.8%
Swedish 93,810 2.9% Vietnamese 25,170 0.8%
Russian 92,020 2.8% Swiss 22,185 0.7%
Note: These numbers add up to more than the population due to multiple responses.
Source: Statistics Canada, 2006 Census of Population

31. Living in Alberta
Education
Comprehensive Academic University of Alberta; University of Calgary; University of
& Research Institutions Lethbridge; Athabasca University
Baccalaureate & Applied
Studies Institutions Grant MacEwan University; Mount Royal University
Polytechnic Institutions NAIT*; SAIT* Polytechnic
Bow Valley College ; Grand Prairie Regional College; Keyano
Comprehensive College ; Lethbridge College; Medicine Hat College; NorQuest
Community Institutions College; Northern Lakes College; Olds College; Portage
College; Red Deer College; Lakeland College
Independent Academic Ambrose University College; Canadian University College;
Institutions Concordia University College of Alberta; The King’s University
College; St. Mary’s University College
Specialized Arts &
Culture Institutions Alberta College of Art and Design; The Banff Centre
* Northern Alberta Institute of Technology and Southern Alberta Institute of Technology
Note: Full Time and Part Time Students, 2009-2010

32. Living in Alberta
Quality Education
Top Scores in Mathematics, Science and Reading
2009 Program for International Student Assessment (PISA) Examinations
Average = 500
Mathematics Science Reading
Rank Jurisdiction Score Rank Jurisdiction Score Rank Jurisdiction Score
1 Shanghai-China 600 1 Shanghai-China 575 1 Shanghai-China 556
2 Singapore 562 2 Finland 554 2 Korea 539
3 Hong Kong-China 555 3 Hong Kong-China 549 3 Finland 536
4 Korea 546 4 Alberta 545 4 Hong Kong-China 533
5 Chinese Taipei 543 5 Singapore 542 5 Alberta 533
6 Quebec 543 6 Japan 539 6 Ontario 531
7 Finland 541 7 Korea 538 7 Singapore 526
8 Liechtenstein 536 8 British Columbia 535 8 British Columbia 525
9 Switzerland 534 9 New Zealand 532 9 Canada 524
10 Japan 529 10 Ontario 531 10 Quebec 522
11 Alberta 529 11 Canada 529 11 New Zealand 521
12 Canada 527 12 Estonia 528 12 Japan 520
42 United States 487 31 United States 502 24 United States 500
1. PISA test 15 year olds' Mathematics, Science and Reading skills
2. The rank is out of 75 jurisdictions
Sources: Measuring Up: Canadian Results of the OECD PISA Study, Statistics Canada

33. Living in Alberta
Health Care
Selected Health Indicators
Per Capita Government 4.3
Alberta Canada**
Health Expenditures -
2010 ($ 000s) 3.7
30 Day In-Hospital 7.3
Mortality Rate from Heart
Attack* (2006-2009) 8.9
30 Day In-Hospital 16.4
Mortality Rate from
Stroke* (2006-2009) 17.7
*Note: Risk Adjusted Percentages
**Canada data does not include Quebec due to differences in data collection
Sources: National Health Expenditure Trends, 1975-2010, Canadian Institute of Health Information (CIHI) ; Health
Indicators 2010 Report,(CIHI), Statistics Canada

34. Living in Alberta
Arts and Culture
Private Sector Support of Performing Arts Average Household Spending on Live Performing
(2008)
Arts: 2009 (Annual Dollars)
Per Capita
Alberta $6.35 Saskatchewan $141
Alberta $135
Ontario $5.77
Manitoba $123
British Columbia $4.64 Ontario $113
Canada $105
Manitoba $4.46 Prince Edward Island $101
Quebec $3.17 British Columbia $98
Quebec $88
Saskatchewan $2.34 Nova Scotia $80
Nova Scotia $1.80 New Brunswick $72
Newfoundland and Labrador $56
Note: Excludes statistics for Prince Edward Island, Newfoundland
and New Brunswick which were suppressed to meet the
confidentiality requirements of the Statistics Act.
Source: Statistics Canada

35. Living in Alberta
Donations and Volunteerism
Charitable Donor Statistics
Median Annual Donation Per taxfiler, 2009
Alberta $370
Prince Edward Island $370
British Columbia $360
Manitoba $340
Newfoundland and
$340
Labrador
Saskatchewan $330
Ontario $310
Nova Scotia $300
New Brunswick $290
Canada $250
Quebec $130
Source: Statistics Canada

36. Alberta On-Line Resources
Alberta Government www.alberta.ca
Alberta Treasury Board and www. treasuryboard.alberta.ca/
Enterprise www.albertacanada.com
Doing Business in Alberta:
Investing and Locating http://www.albertacanada.com/intl-business/establishing-a-company.html
Exporting Your Products http://www.albertacanada.com/ab-business/exporting-your-products.html
Industry Sectors http://www.albertacanada.com/ab-business/alberta-industries.html
Regional Development http://www.albertacanada.com/about-alberta/regional-economic-development.html
Community/Market Information http://www.albertacanada.com/about-alberta/the-economy.html
Visiting Alberta:
Travel Alberta www1.travelalberta.com
List of Festivals in Alberta http://www.culture.alberta.ca/arts/artsfestivals/
Vacation Guides http://www.travelalberta.com/en/Vacation_Guides/
Provincial Parks gateway.cd.gov.ab.ca
Tourism www.tpr.alberta.ca
Working and Living in Alberta:
Immigrating www.albertacanada.com/immigration
Things to Do www.tpr.alberta.ca and http://www.culture.alberta.ca/arts/artsfestivals/
Health Care www.health.alberta.ca
Education www.education.alberta.ca
Alberta Learning Information Service www.alis.alberta.ca
Advanced Education and Technology http://www.advancededucation.gov.ab.ca/