Today’s release of the monthly GDP shows that the Canadian economy expanded after three consecutive months of contraction
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
Bank of Canada: A 25bp cut, but does not signal more imminent easing
The Bank of Canada cuts its policy rate by 25bp to 2.50%, as expected.
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Economic News
Core inflation remains sticky, but the BoC will focus on increased slack in the economy and cut
Inflation accelerated to 1.9% in August, while the Bank of Canada’s preferred measures of core inflation eased slightly to 3.05%.
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Economic News
Housing activity improves, despite a weak labour market
Economic commentary provided by Alberta Central Chief Economist Charles St-Arnaud. Bottom line: Housing activity improved in August for a fifth consecutive month. The increase in sales is mainly due to…
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Economic News
Households’ debt burden rises again and the debt-service ratio is marginally higher
Households’ indebtedness increased slightly in 2025Q2 for a second quarter in a row, but remained close to its lowest level since 2015, if we exclude the pandemic.