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The skyline of downtown Calgary.
The skyline of downtown Calgary.
(CHRIS BOLIN FOR THE GLOBE AND MAIL)

Booming Alberta economy allows ATB Financial to ignore market diversity

Banks rarely win praise for being dependent on a single market, but ATB Financial is milking its exposure to Alberta’s hot economy.

Of all the provinces, Alberta has the second-lowest unemployment rate and its loan growth is booming. With agriculture, energy and forestry giants doing well, there is knock-on business for smaller suppliers, which translates into better incomes for their employees.