Economic Canada 5 fastest growing in the provinces and territories

Canadas economy (GDP) grew by an annual rate of 2.7% in 2005.

Yukon is the top spot with economic growth at 5.2% in 2005.Government almost half of the regional GDP. Infrastructure investment has helped to strengthen the region, and further exploration of the resources property.

Alberta saw 2 The largest increase of 4.6% in 2005 to rise. High oil prices and foreign demand beganGrowth. Activity in the energy sector, increased demand for related machinery and equipment, and the flood of workers increases the demand for services.

British Columbia wood products in the acquisition of Canada-US customers. It received a flood rose to the housing of the North American market. Investment growth was strong and the housing-digit growth in three of four last year. British Columbia's GDP rose byrate of 3.7% in 2005.

Saskatchewan recorded growth of 3.1%. Strong demand from abroad more of potash and fertilizers. Saskatchewan oil patch, much lower than Alberta, struggled for vulume, but a healthy prices to ensure sustained profitability and high corporate profits

Ontario to grow slightly 2.8% in 2005. Commodities prices hamper production in Ontario. Foreign Trade believes that a pinch of growingCanadian dollar and the impact of fuel costs. Demand for cars and trucks Ontario continues to produce strong, but all of the province of the national average of 2.9%

Throughout Canada, the economic growth of 2.9% experienced in 2005. In 2002, the majority of Canada's growth through investment and production in the eastern half of Canada. In subsequent years, the change has been significant economic growth has moved to the west. Due to the rise in energy pricesand raw materials prices, the oil patch in Alberta, Saskatchewan wheat fields and the mines and forests of British Columbia, all the benefits of enhanced demand for exports.