Alberta economy

Relief for Albertans? Bank of Canada expected to cut interest rates this summer: ATB

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Descrease article font size Increase article font size Consumers should expect some relief from rising interest rates this summer. Mark Parsons, chief economist for ATB, says while today’s announcement by the Bank of Canada that it’s holding its key interest rate at 5 per cent comes as no surprise, if current economic trends hold, he … Read more

Is Alberta ready for population growth?

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The provincial government’s been selling the “Alberta Advantage” for years with promises of higher wages and lower taxes. Now, housing starts are trending up and so is the number of people migrating to the province. But is Alberta ready for population growth? Through the first three quarters of 2023, more than 45,000 people moved to Alberta … Read more