Today’s release of the monthly GDP shows that the Canadian economy contracted in February. Moreover, the preliminary estimate suggests that the economy stalled in March, suggesting weak momentum going forward
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
Some temporary strength in retail sales, as consumers rush to spend before the tariffs impact
Retail sales declined in line with expectations in February.
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Economic News
Bank of Canada: On hold, a highly uncertain outlook means no guidance
The Bank of Canada held its policy rate unchanged at 2.75%, after cutting seven consecutive times, in line with our expectations.
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Economic News
Inflation eased, but broadening inflationary pressures to push for a BoC pause
Inflation eased to 2.3% in March from 2.6%, much weaker than expected.
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Economic News
The Lost Decade(s): or how the oil boom masked Canada’s economic mediocrity
Many observers have noted Canada’s underperformance in terms of GDP per capita relative to other industrialized countries since 2015. A period often referred to as “the lost decade”.
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Economic News
Insolvencies were on an easing trend in early 2025, the trade war is likely to put an end to that
Insolvencies declined by 4.4% m-o-m on a seasonally-adjusted basis (SA) in February, following an increase in January.