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Alberta Economic Outlook 2027: What’s Ahead for Canada and Alberta

From tariff uncertainty and the Strait of Hormuz to new pipelines, LNG and AI, learn which forces will shape the economy in 2027 and where the opportunities lie.

Created byNathan Geibworkspace_premiumBest Instructor
emoji_eventsEditor's Pick· 5.0/5All LevelsUpdated Oct 29, 2026

What You'll Learn

  • check_circleExplain the main global and North American risks shaping the 2027 economic outlook, including energy disruptions, tariffs and trade uncertainty.
  • check_circleDescribe the key trends in the U.S. and Canadian economies, including growth, employment, population, inflation and the role of AI investment.
  • check_circleExplain how Bank of Canada policy and bond yields affect borrowing costs, and what this means for clients’ financing decisions.
  • check_circleAssess Canada’s strategy for boosting investment, exports and productivity, and the factors that will determine whether it succeeds.
  • check_circleSummarize Alberta’s economic forecast, including its key drivers, its upside scenario, and the labour market challenges ahead.
  • check_circleIdentify key economic indicators to monitor, and use them to have more proactive, informed conversations with business clients.

About This Course

What will 2027 bring for the Canadian economy, and what should accountants and their business clients be watching? In this engaging, interactive session, an economist walks through the forces shaping the outlook for Canada, Alberta and the United States, using charts, audience polls and real-world stories to make the economics easy to follow.

The course starts with the global picture: disruptions in the Strait of Hormuz and their effect on oil prices, the potential return of Venezuelan production, and why U.S. tariff uncertainty is holding back the Canadian economy more than the tariffs themselves. It looks at why the U.S. economy has stayed resilient, the role of AI investment, the “K-shaped” divide in U.S. consumer spending, and the pressures pushing bond yields higher.

The session then turns to Canada: weak growth and employment, slowing population growth, the country’s innovation and business investment gap, and why cost of living remains Canadians’ top concern. It explains why the Bank of Canada is on hold, and why five-year bond yields matter more for mortgage rates than the overnight rate. It also reviews Canada’s economic game plan (major projects, export infrastructure, LNG and pipelines, internal trade barriers and the productivity deduction) and why the U.S. market remains essential.

The course closes with the Alberta forecast: why the province is outperforming, the role of interprovincial migration, youth unemployment, a narrowing wage gap, and an upside scenario driven by new pipeline capacity. It also looks ahead to labour and skilled trades shortages, and to opportunities in AI data centres, petrochemicals, agriculture and defence.

Topics Covered

  • Audience outlook for 2027 and the top economic risks
  • The Strait of Hormuz, oil prices, and Venezuela’s potential production rebound
  • U.S. tariffs, trade uncertainty, and the regional impact across Canada
  • U.S. economic resilience, AI-driven growth, and the K-shaped economy
  • Diesel prices, inflation pressure, and rising bond yields
  • Canada’s slowing growth, employment trends and population growth
  • Canada’s innovation and business investment gap
  • Cost of living and affordability
  • Bank of Canada policy, and why five-year yields drive mortgage rates
  • Canada’s economic game plan: major projects, export infrastructure, LNG and internal trade
  • The productivity deduction and attracting investment
  • Alberta’s economic forecast, tariff exposure, and interprovincial migration
  • Youth unemployment and Alberta’s narrowing wage advantage
  • Upside scenario: new pipeline capacity and upstream investment
  • Labour shortages, an aging workforce, and skilled trades
  • Opportunities in AI and energy, petrochemicals, agriculture and defence
  • Three economic indicators small firms should track monthly

Course Content

1 activity • 1 videos • duration: 1h 31m

remove
Alberta's Economic Outlook: Beyond the Boom1 videos • 1.5 hours
  • videocamAlberta's Economic Outlook: Beyond the Boom
    Duration 91:28

Your Instructor

Nathan Geib

menu_book55 courses
star6,931 reviews

The CPA Small Practitioners’ Forum was created to offer an inviting, semi-causal, and easygoing professional development weekend that provides substantial professional development value to small practitioners. All profit earned by the CPA Small Practitioners’ Forum is donated to the Alberta CPA Education Foundation, so you are helping young people in Canada get scholarships for university. All these courses are reviewed by the delegates at the Forum in Banff annually so we have a great lineup that is adjusted every year to keep things relevant to small practitioners. If you work at a public accounting firm in Canada with employees of 1-50 people, you are our target demographic and you should find this course useful.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

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Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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