Inflation eased to 1.9% in November, remaining in line with 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.
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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
2025 Outlook: Searching for the terminal rate
Economic insights provided by Alberta Central Chief Economist Charles St-Arnaud. Now available – download the full 2025 Economic Outlook Report here! Key takeaways: With the Bank of Canada (BoC) expected to…
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Economic News
Bank of Canada: Another 50bp cut and the easing will continue
Economic commentary provided by Alberta Central Chief Economist Charles St-Arnaud. Bottom line The Bank of Canada cut its policy rate by 50bp to 3.25% and will continue quantitative tightening (QT),…
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Economic News
More slack in the labour market despite strong job gains means a 50bp cut next week
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.
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Economic News
Modest growth in Q4, but without population growth, it would have been a contraction
The economy grew roughly in line with expectations in the third quarter of 2024 at 1.0% q-o-q ar.
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Economic News
Robust retail sales are pointing to a bottoming out in spending per capita
Retail sales posted another robust gain in September, and the preliminary estimate suggests that they remained solid in October