Mortgage lender ATB Financial says that Alberta could narrowly avoid slipping into recession this year but that if it does there will be little growth. The provincial bank has cut its forecast in half since March and now expects GDP to hit 0.4 per cent rather than the 0.8 per cent it expected in its previous outlook. CBC News reports that real estate, hotels and drilling are among the sectors that have been hardest hit by the decline in oil prices.
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