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The Owl

ATB Financial’s economics team interprets the latest statistics on wages, employment, inflation, the oil and gas industry and other economic drivers in our province.


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Building construction investment down
May 23, 2019

Building construction investment down

Building construction investment in Alberta has contracted for the ninth time in twelve months, pointing to overall weak economic growth.

Retail sales strengthen in March
May 22, 2019

Retail sales strengthen in March

Alberta retailers and the provincial economy both received a shot in the arm in March with seasonally-adjusted monthly retail sales rising by 2.4 per cent or $160 million.

House prices down in Calgary and Edmonton
May 21, 2019

House prices down in Calgary and Edmonton

Resale housing prices in Calgary and Edmonton are down compared to a year ago, according to statistics released by the Canadian Real Estate Association (CREA).

Manufacturing in Alberta humming along
May 17, 2019

Manufacturing in Alberta humming along

Monthly manufacturing sales in Alberta increased by 3.9 per cent in March compared to February and were up 3.7 per cent on a year-over-year basis.

ATB’s Alberta Economic Outlook: Latest growth forecast for Alberta cut in half
May 16, 2019

ATB’s Alberta Economic Outlook: Latest growth forecast for Alberta cut in half

Real GDP is forecast to grow, but the growth is expected to be modest at just 0.7 per cent, down from an already modest forecast of 1.4 per cent in March.

Alberta’s April inflation rate
May 15, 2019

Alberta’s April inflation rate

Alberta’s inflation rate, as measured by Statistics Canada’s Consumer Price Index (CPI), was 2.2 per cent in April.

Western Canadian Select up 828 per cent
May 14, 2019

Western Canadian Select up 828 per cent

Transportation bottlenecks and U.S. refinery outages caused the average monthly price of WCS to collapse at the end of last year, falling from $41.23 a barrel in October to just $5.74 in December (all prices in U.S. dollars).

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Economic​ Outlook

ATB Financial’s Alberta Economic Outlook summarizes research on Alberta’s most important sectors. It analyzes the province’s economic happenings and outlines what may occur in the next few months.​​

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