ATB Financial grows its net income in Q3

As of the third quarter, ATB had 776,594 total customers and 5,728 team members. It has 173 branches across the province in Alberta

ATB Financial grows its net income in Q3ATB Financial had a net income of $81.7 million in its third quarter for fiscal year 2020 which was a 57.8 per cent hike from the same period the year previous. In a news release, the financial institution said for the quarter ending December 31, 2019: Operating revenue of $446.8 million was up 4.6 per…

RBC has rosier forecast for Alberta’s economy in 2020

RBC Economics predicts the economy will grow by 1.7 per cent next year, while last week ATB Financial called for 0.9 per cent growth

RBC has rosier forecast for Alberta’s economy in 2020Financial institutions operating in Alberta agree on one thing: there will be growth in 2020. They just can't agree on how much. A Provincial Outlook report by RBC Economics says oil production is set to rise materially, business investment will pick up and improving prospects for pipeline capacity expansion will shore up confidence in the…

Alberta economy to grow by 0.9% in 2020, ATB predicts

The improvement will be driven by increased oil production, pipeline construction, an uptick in natural gas prices, tourism and population growth

Alberta economy to grow by 0.9% in 2020, ATB predictsAlberta’s economy will grow ever so slightly in 2020, according to a forecast released Thursday by ATB Financial. The Alberta Economic Outlook predicts GDP will grow by 0.9 per cent next year, driven by increased oil production, pipeline construction, an uptick in natural gas prices, a strong tourism sector and ongoing population growth. The financial…