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The Bank of Canada’s Business Outlook Survey shows that business confidence is at its strongest on record, as demand remains strong.
The Alberta housing market remained solid in December, with the level of transactions close to the record seen in Spring 2021.
Today’s Labour Force Survey data shows a continued improvement in the labour market in December, with Alberta recording strong gains.
To help navigate the upcoming year, Alberta Central’s chief economist Charles St-Arnaud has prepared an economic outlook that outlines challenges and opportunities related to the global, Canadian and Albertan economies.
After some moderation earlier in 2021, the level of activity in the housing market has rebounded in recent months to a level well above its pre-pandemic one.
Inflation stabilized somewhat in November. Nevertheless, the recent trend in the CPI monthly changes suggests that inflationary pressures remain elevated.
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