A look at how policy and demographics have impacted the economic outlook for Alberta and Canada from Alberta Central’s Chief Economist Charles St-Arnaud and The Intelligence Centre.
Despite record levels of oil revenue since mid-2021, the Alberta economy is not seeing an associated boom, as a smaller share of revenues is staying in the province. Instead, a greater share of revenues is being returned to shareholders, most of whom are foreigners, and a smaller share is reinvested into operations in the province. Read more from The Intelligence Centre.
In this economic report from The Intelligence Centre, a look at the rise in cost-of-living being experienced by Canadian households in recent years primarily led by inflation. This paper explores the provincial data and impact on Albertans who have seen the most significant underperformance in their purchasing power since 2019 of all Canadian provinces.
The 2023 Budget can be summarized as: bigger deficits in the coming years with no plans to balance the fiscal books. In this economic report from The Intelligence Centre, look at the deficit expectations for FY2023-24 based on the recently released Fall Economic Statement.
In this report from The Intelligence Centre and Chief Economist Charles St-Arnaud, find out why although the value of oil produced in Alberta has averaged about $12bn per month since the beginning of 2022 this has not resulted in an economic boom for the province.
In this economic report from The Intelligence Centre, learn about the various shocks that are squeezing household budgets this year and the resulting need to cut down on spending or draw from savings to keep afloat.
The invasion of Ukraine by Russia has led to a surge in commodity prices, with implications for the global economy.
A small surplus of $0.5bn is expected for Alberta for FY2022-23, the first surplus since 2014, followed by surpluses of $0.9bn and $0.7bn in FY2023-24 and FY2024-25, respectively. The surplus for FY2022-23 marks a sharp improvement from the $3.3bn deficit expected in the November fiscal update.
Using previous hiking cycles by the Bank of Canada, we have updated our view of the path for monetary policy in 2022.
An in-depth look at valuation and affordability in Canada’s major cities.