U.S. election uncertainty looms over promising 2025 Calgary economic outlook [Video]

Continued population growth, improved market access for energy, and expansion across sectors are expected to position Calgary and Alberta well in the upcoming fiscal year, according to the latest 2025 outlook from Calgary Economic Development (CED).

Top economists and business leaders are in Calgary on Tuesday to share their insights on these trends, although the results of the upcoming U.S. presidential election and other geopolitical factors could weigh on the economy in the years ahead.

“The outcome of the U.S. election is pivotal for Canada – and Alberta’s economy,” said Bruce Heyman, former U.S. Ambassador to Canada, former partner, Goldman Sachs and recently-appointed CEO at Power Sustainable.

“Policies, tariffs and priorities of either successful administration will significantly alter the trajectory of trade for the country not only in 2025 but the next four years ahead.”

Brad Parry, president and CEO of CED, also notes that the economy remains strong heading …