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.
Where’s the boom? And the rise and fall of the Alberta Advantage
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.
The Alberta Advantage is melting away
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.
Federal Budget: Bigger deficits and no plan to balance the books
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.
Where’s the boom? How the impact of oil on Alberta may have permanently weakened
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.
The great consumer squeeze
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.
Some thoughts on the economic impact of the Russia-Ukraine war on Canada and Alberta
The invasion of Ukraine by Russia has led to a surge in commodity prices, with implications for the global economy.
Alberta Budget: First surplus since 2014 thanks to a rebound in resources royalties
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.
How aggressive against inflation will the Bank of Canada be?
Using previous hiking cycles by the Bank of Canada, we have updated our view of the path for monetary policy in 2022.
Rising Interest Rates to Make Many Canadian Cities Unaffordable
An in-depth look at valuation and affordability in Canada’s major cities.