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Net Interprovincial Migration vs Brent Oil Price | Alberta (1988–2023)
Net interprovincial migration into and out of Alberta compared with Europe Brent spot price (FOB). The chart helps you read how labour inflows/outflows tend to follow the energy cycle with a lag, across booms, downturns, and recoveries from the late 1980s to 2023.
Alberta Net Interprovincial Migration vs Brent
Data Updated On Oct, 2025
Context: When oil prices climb, Alberta often attracts more workers from other provinces; when prices fall, net inflows can soften or flip to outflows. This view lines up net interprovincial migration with Europe Brent spot prices so you can see how each cycle played out — and where the pattern held or broke.
📌 Interpretation Tips
- Cycle alignment: Look for periods where rising Brent is followed by stronger net inflows into Alberta.
- Lags: Migration tends to respond with a delay, as people and firms need time to react to price signals.
- Breaks in pattern: Some shocks (like 2014–2016 or 2020) can weaken the usual link between oil prices and migration.