Retail sales rose slightly more than expected in March.
Economic News
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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Economic updates
Subscribe now to receive economic analysis, insights and thought leadership from Alberta Central’s Chief Economist Charles St-Arnaud.
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Economic News
Inflation drops as the Carbon Tax comes to an end, but underlying pressures remain strong
Inflation eased to 1.7% in April from 2.3%, slightly above expectations.
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Economic News
Extreme economic uncertainty remains a drag on the housing sector
Housing activity eased in April for a fifth consecutive month. The decline in sales is mainly due to BC and Alberta, while sales in Ontario rose after months of decline.
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Economic News
Temporary hiring for the elections leads to job gains
Economic commentary provided by Alberta Central Chief Economist Charles St-Arnaud. Bottom line Employment increased 7.4k in April, marginally better than expected. However, the unemployment rate edged higher to 6.9%. The…
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Economic News
The economy contracted in February and weakening momentum
Today’s release of the monthly GDP shows that the Canadian economy contracted in February. Moreover, the preliminary estimate suggests that the economy stalled in March, suggesting weak momentum going forward
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Economic News
Some temporary strength in retail sales, as consumers rush to spend before the tariffs impact
Retail sales declined in line with expectations in February.