Chief Economist Charles St-Arnaud had multiple interviews recently about the rising cost of living, specifically looking at how Alberta’s wages have not kept pace with rising food prices, higher housing costs and inflation in general. In an interview with CBC, he noted:

People in Alberta are paying the same increased prices for things like groceries, gas and household goods. But they’re not getting the same raise at work to help cover the costs.”

He was also recently interviewed by the Financial Post and other online outlets about the labour data for April. He indicated that the robust labour market and strong wage growth continue to challenge the Bank of Canada who are trying to combat inflation.

Click on the links to read the full articles!

Previous Post
CBC interviews Chief Economist about the Alberta economy
Next Post
Alberta Central and Credit Unions of Alberta show support for Albertans impacted by wildfires with Red Cross donation