Alberta's economy is expected to grow by 3.5 per cent this year, nearly triple the national average of 1.2 per cent, according to a recent report from BMO Capital Markets Economics and BMO Commercial Banking's Blue Book.

The continued positive outlook is largely due to the province's energy sector and related industries.

"Oil and gas companies still dominate the scene, but we see significant opportunity for firms that support the industry spinoffs," said Mike Darling, BMO's regional vice-president of commercial banking for southern Alberta. "This particularly applies to the engineering sector, where our clients are experiencing considerable growth."

New policy could mean changes to remediation and disclosure

The Alberta government has accepted 37 recommendations which could mean large scale changes to the way the province deals with grow-ops.

The recommendations, which are the result of a consultation with key stakeholders from the housing industry as well as an expert panel that included members of the Calgary Police Service and Alberta Health Services address concerns about the health, safety and remediation of former marijuana grow-operations.