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Or sign-in if you have an account.Alberta has led the way in job creation in Canada. Photo by HYUNGCHEOL PARK /PostmediaSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorAlberta is Canada’s job creation star so far this year, but no thanks to the energy sector, says a new report from Royal Bank of Canada.The province had added nearly 79,000 more jobs as of June 2026 compared to a year ago, “but (its) traditional growth driver — the energy sector — has not been behind the increase,” Salim Zanzana, an economist at RBC, said in the report on Thursday.Oilpatch hiring “remains largely unchanged” despite robust oil production and export demand, he said.Breaking business news, incisive views, must-reads and market signals. Weekdays by 9 a.m.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Posthaste will soon be in your inbox.We encountered an issue signing you up. Please try againInstead, health care, social assistance and public administration accounted for the gains, with full-time jobs outpacing part-time roles 58,500 to 20,100.Alberta has sped ahead of the rest of the country, with job growth up three per cent year over year so far outpacing all the other provinces except Prince Edward Island.Ontario was the only other province to log in “notable job gains” — 65,600 — though the year-over-year increase of 0.8 per cent paled against Alberta’s three per cent, Zanzana said. Otherwise, job growth was largely stagnant in several provinces, with labour markets contracting in Quebec and British Columbia.Demographics are driving Alberta’s job creation juggernaut, the RBC economist said.The province’s population grew by more than 570,000 between the second quarter of 2022 and the second quarter of 2026 — a 13 per cent gain. As of the first quarter of this year, it was one of only three provinces to record growth, while the populations in six others, including Ontario and Quebec, shrank.That population burst resulted in a significantly higher increase in demand for health-care services.Growth in that area of Alberta’s workforce trailed demand from 2022 to 2025 as the number of workers per capita in the sector declined. Zanzana said the province has since caught up and now has the highest number of health-care and social-assistance workers per 1,000 people compared with British Columbia, Quebec and Ontario.Despite strong job creation, Alberta’s unemployment rate is still “elevated,” hovering in the 6.5 per cent to seven per cent range recently after rising above eight per cent last August. Zanzana said he expects the jobless rate will continue to come down as population growth slows.Net international immigration to Alberta turned negative in the first quarter of 2026 for the first time since the third quarter of 2020, and Zanzana said RBC has noted a slowdown in Canadians moving to Alberta from other provinces such as B.C. and Ontario.As for the energy sector, it’s unclear whether the job creation picture will shift gears anytime soon.“Advances in technology, automation and operational efficiency have enabled energy producers to expand and improve output without having to add jobs as in the past,” he said. Sign up here to get Posthaste delivered straight to your inbox.The Toronto housing market tightened further in July as new listings fell at a faster pace than home sales, leaving buyers with fewer homes to choose from and increasing competition for properties.According to the latest results from the Toronto Regional Real Estate Board (TRREB), home sales slipped 0.9 per cent from a year earlier to 5,995 in July, while the number of new listings fell 17.8 per cent to 14,484.Today’s Data: Statistics Canada releases job numbers for July. U.S. Bureau of Labor Statistics also releases July job numbers.Earnings: Slate Grocery REIT, Ensign Energy Services Inc., Emera Inc., MDA Space Ltd., Algonquin Power and Utilities Co., Docebo Inc., Fiera Capital Corp., Algoma Central Corp., Canopy Growth Corp., DRI Healthcare Trust, Wendy’s Co., Skechers USA Inc., Xerox Corp., Trulieve Cannabis Corp.Katie is looking for financial advice on how to make her money work smarter so she can achieve her goals. First, she would like to know how to invest $30,000 to earn the best returns before she buys a new van in six months. At the same time, she’s wondering if it makes sense to hire an adviser to set a plan in motion for the family’s TFSA, RRSP and other accounts. Find out what FP Answers has to say.Interested in energy? The subscriber-only FP West: Energy Insider newsletter brings you exclusive reporting and in-depth analysis on one of the country’s most important sectors.Are you worried about having enough for retirement? Do you need to adjust your portfolio? Are you starting out or making a change and wondering how to build wealth? Are you trying to make ends meet? Drop us a line at wealth@postmedia.com with your contact info and the gist of your problem and we’ll find some experts to help you out while writing a Family Finance story about it (we’ll keep your name out of it, of course).Want to learn more about mortgages? Mortgage strategist Robert McLister’s Financial Post column can help navigate the complex sector, from the latest trends to financing opportunities you won’t want to miss. Plus check his mortgage rate page for Canada’s lowest national mortgage rates, updated daily.Visit the Financial Post’s YouTube channel for interviews with Canada’s leading experts in business, economics, housing, the energy sector and more.Today’s Posthaste was written by Gigi Suhanic with additional reporting from Financial Post staff and Bloomberg.Have a story idea, pitch, embargoed report, or a suggestion for this newsletter? Email us at posthaste@postmedia.com.Bookmark our website and support our journalism: Don’t miss the business news you need to know — add financialpost.com to your bookmarks and sign up for our newsletters here Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. 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