Inflation decelerated to 1.7% in July and the Bank of Canada’s preferred measures of core inflation rose slightly to 3.05%, in line with expectations.
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
Opinion: If Trump’s trade target is a customs union, Canada will have a big decision to make
Economic commentary provided by Alberta Central Chief Economist Charles St-Arnaud. Read the latest monthly column for the Financial Post: Opinion: If Trump’s trade target is a customs union, Canada will…
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Economic News
Insolvencies rose in June and have been relatively stable over the past year
Insolvencies rose 0.6% m-o-m on a seasonally-adjusted basis (SA) in just, after a drop in May.
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Economic News
Employment drops in July, but mind the seasonality
Employment dropped 43k in July, much weaker than expected, partly offsetting the strong gain seen June.
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Economic News
Year one of TMX: Increased export diversification, disappearing oil discount, and C$13bn in extra revenues
The expanded TransMountain Pipeline (TMX) has brought significant benefits to the oil sector and the economy in its first year of operation.
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Economic News
With higher economic activity in June, Canada may have avoided a recession
Today’s release of the monthly GDP shows that the Canadian economy contracted for a second consecutive month in May.