The October 2022 Labour Force Survey from Statistics Canada revealed Alberta continues to see a strong uptick in job creation, with an additional 14 000 jobs being created in October. Since this time last year, Albertans have gained more than 103 000 jobs.
"These numbers are clear proof that our strong fiscal policies are making a difference, and we will continue to take action to build on Alberta’s strengths, and attract job-creating investment from across the world," said Minister of Jobs, Economy and Northern Development Brian Jean in a written statement.
Jean believes job creation will continue to be strong, as he says recent big investments will benefit our province in a big way.
“Job creators are rushing to set up shop in Alberta. From renewable energy to aviation to manufacturing to technology, companies like EDF Group, TC Energy, De Havilland Aircraft, Condor Airlines, CGC Inc., Orbia’s Dura-Line, Infosys and Level 42 AI are choosing Alberta to grow their operations. As we open our doors to more investors, our government is helping employers create exciting futures for Albertans."
Job creation is always a welcome sight, but recent surveys have also shown that even among working Albertans, the cost of living has been difficult. Alberta has the slowest wage growth in the country, and the highest foodbank usage, with 1/5 of foodbank users being employed. Jean said the government is taking steps to make life more affordable.
“Inflation continues to impact our province, which is why we have taken actions to help Albertans keep more of what they earn. Our fuel tax relief program and utility rebates are some of the ways we’re keeping more money in Albertans’ pockets."
The fuel tax relief program Jean is referring to started on October 1, when the government stated Albertans would save 8.5 cents per litre on gas and diesel for the next three months. When this rebate was announced, former Minister of Finance Jason Nixon said this will help keep Alberta fuel costs low in comparison to the rest of the country.
“Albertans will save over $200 million over the next three months with fuel tax savings at 8.5 cents per litre starting Oct. 1. Alberta will continue to have the lowest provincial fuel tax in the country at 4.5 cents per litre," Nixon said on September 22 when this was announced.
As for the utility rebate Jean mentioned, that's referring to a $50-a-month bill credit to help with the cost of energy, which runs until December.