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Research, analysis and current events for the credit union system.

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Economy

Retails sales rebound, but some weakness ahead

Retail saw a rebound in part due to the continued lifting of COVID-related restrictions across Canada. However, after spending mainly on goods in the last year, spending on services should increase, leading to weakness in retail sales.

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Economy

Alberta’s housing market remains strong

The Alberta housing market remains strong, with the number of transactions still close to a record. After some moderation, the level of activity in the housing market seems to be stabilizing at a high level.

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