Inflation accelerated to 2.0% in October, directly on the midpoint of the BoC’s inflation target.
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.
Data & Analytics
Explore the analytics and data that are important to your bottom line, with a focus on Alberta communities large and small. Click on the buttons below to open our data portals.
Research & Reports
Alberta Central’s research and reports provide you with access to the information you need, when you need it, with a laser focus on Alberta credit unions and specific topics you and your members care about.
Economic updates
Subscribe now to receive economic analysis, insights and thought leadership from Alberta Central’s Chief Economist Charles St-Arnaud.
|
Economic News
Insolvencies eased in September and appear to be stabilizing
The increase in business insolvencies over the past year, representing less than 5% of total insolvencies, is due to a rise in proposals (+33.7% y-o-y) and to bankruptcies (+4.9% y-o-y).
|
Economic News
The labour market remains on its weak trend
Employment increased less than expected in October, but the unemployment rate remain unchanged.
|
Economic News
Robust provincial growth in 2023 supported by strong population gains
The release of the national accounts for the provinces shows that Canadian economic activity was revised higher for 2023 and that growth was robust for most provinces, except for a contraction in Newfoundland.
|
Economic News
Sluggish growth in Q3 points to the need for more rate cuts
Today’s release of the monthly GDP shows that economic activity remains sluggish despite a preliminary number suggesting higher activity in September.
|
Economic News
Robust retail sales in August, but weak details and increased uncertainty
Retail sales posted a solid gain in August, and the preliminary estimate suggests that they increased again in September.