Inflation eased to 1.8% in December, 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
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Economic News
TMX is already showing its value: an extra $10bn in revenues in 2024; but US tariffs loom large on Alberta’s oil
Economic insights provided by Alberta Central Chief Economist Charles St-Arnaud. Key takeaways: The expanded TransMountain Pipeline (TMX) is already showing significant benefits to the oil sector, six months after its…
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Economic News
Housing activity eased in December but remains on an improving trend
Housing activity declined in December. Nevertheless, the level of activity remains higher than where it ended 2023.
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Economic News
A robust labour market will not deter the BoC from cutting again in January
Employment increased more than expected for a second consecutive month, lowering the unemployment rate to 6.7%.
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Economic News
Inflation eased slightly, but some stickiness in core measures of inflation
Inflation eased to 1.9% in November, remaining in line with the BoC’s inflation target.
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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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