To help make credit unions innovation ready, Alberta Central’s Chief Economist Charles St-Arnaud shares his analysis of the latest economic news. These commentaries and insights papers will help you understand what economic trends mean and how they could impact your credit union.
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Employment increased more than expected in November, but the unemployment rate increased sharply, signalling an increase in the amount of slack in the labour market.
The economy grew roughly in line with expectations in the third quarter of 2024 at 1.0% q-o-q ar.
Retail sales posted another robust gain in September, and the preliminary estimate suggests that they remained solid in October
Inflation accelerated to 2.0% in October, directly on the midpoint of the BoC’s inflation target.
