The Bank of Canada hikes by 25bp and confirms rates are on hold

2023 Alberta Central Economic Outlook

Retail sales are slowly easing

Some welcomed signs of easing in underlying inflationary pressures

House prices declined for a tenth consecutive month

Insolvencies increased in November, ending two months of decline

Continued strength in the labour market points to a 25bp hike this month

Inflation moderates in November, but core remains sticky

House prices correction continues with no end in sight

Rising interest rates push the debt-service ratio higher