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Friday, January 22, 2016 - Overall inflation still low, but food inflation is taking off

Todd Hirsch ? Chief Economist January 22, 2016 Overall inflation still low, but food inflation is taking off The annual rate of price increases for consumers in Alberta actually dropped a bit in December. According to the latest data from Statistics Canada, the all-items consumer price index rose 1.5 per cent in December from a year ago, down from two per cent in November.†But breaking down the inflation rate into various sub-categories of consumer items, one notices a big difference in price ... Full Article...

posted in General at Fri, 22 Jan 2016 10:11:57 -0700



Monday, January 18, 2016 - Non-residential construction held on in 2015

Todd Hirsch ? Chief Economist January 18, 2016 Non-residential construction held on in 2015 Signs of the economic slowdown are all around us in Alberta, but the one surprising indicator where we have yet to see much downturn is construction activity. Indeed, if a Martian landed in downtown Edmonton or Calgary today, it might well assume that the province is booming.†In the fourth quarter of last year, a total of $2.74 billion was spent on non-residential construction, essentially unchanged from ... Full Article...

posted in General at Mon, 18 Jan 2016 08:58:51 -0700



Friday, January 8, 2016 - Alberta‚??s job market at the end of 2015

Todd Hirsch ? Chief Economist January 8, 2016 Alberta's job market at the end of 2015 In December, Alberta shed another 3,900 positions?not bad considering the low level of oil prices and the extent of the economic downturn that had set in by that time. Still, it was the third month in a row of losses. The unemployment rate held steady in December at seven per cent.†Looking back over the entire year, the deterioration of the labour market can be seen in both the absolute number of jobs as well ... Full Article...

posted in General at Fri, 08 Jan 2016 10:53:28 -0700



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