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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Inflation accelerated to 2.4% in September, mostly due to a base effect and higher food prices. Moreover, the Bank of Canada’s preferred measures of core inflation edged higher to 3.15% on average.
Housing activity eased in September, the first decline since March.
Employment surged by 60.4k in September, significantly stronger than expected, mostly reversing the decline seen in August.
On October 6th, 51,000 members of the Alberta Teachers’ Association went on strike to protest the lack of progress in their negotiations with the Alberta government.
Today’s release of the monthly GDP shows that the Canadian economy expanded after three consecutive months of contraction
