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FUSS, HILL: Alberta’s economic decline predates Trump’s tariffs

Since 2010 (the earliest year of comparable data), Alberta was the only province or U.S. state to experience a decline in median employment income. While Alberta remains the top Canadian province in 2024, it now trails every U.S. state...

As Canada and the U.S. engage in a tense trade standoff, sparked by President Trump’s initial tariffs, economists are noting the damage to the Canadian economy. But those same economists often overlook that the economic decline in many provinces, particularly Alberta, began long before Trump’s trade war.

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