CALGARY — TD Bank says Alberta’s battered economy is headed in the right direction, but warns there are still a number of hurdles that could hinder recovery. “I don’t think many were anticipating a heroic recovery despite the fact that the recession was quite deep. That’ll get us two per cent which is not heroic.”Burleton said Alberta’s economy is within a year of returning “home” — a term used to characterize full recovery from a recession. Burleton said the lack of investment in Alberta, particularly in the oil and gas sector, remains a concern. “We still are of the mind that the economy will reassert itself,” he said.

Source: National Post September 13, 2018 18:45 UTC