Export Development Canada (EDC)

150 Slater Street
Ottawa, ON
CA, K1A 1K3

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Lower oil prices having significant impact on exports from western Canada: EDC

Lower oil prices having significant impact on exports from western Canada: EDC

Alberta and Saskatchewan will have lower exports this year due to depressed oil prices but will rebound in 2016 through a partial price recovery and volume gains, according to a new global export forecast released by Export Development Canada (EDC). Manitoba will also see declines in its energy exports in 2015, but gains in other important sectors will offset that and give it a modest increase in overall exports. All three provinces will enjoy export growth in 2016.

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