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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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Alberta tops provincial GDP growth
November 13, 2018

Alberta tops provincial GDP growth

Alberta’s GDP grew at a rate of 4.4 per cent in 2017, according to Statistics Canada. The rate is the highest of all the provinces and above Canada's growth rate of three per cent.

Housing starts dip to near ten-year low
November 09, 2018

Housing starts dip to near ten-year low

Housing starts in October dipped to just over 18,000, representing a drop of 18 per cent from the previous months and is nearly half the rate of two months earlier. It's the lowest since May of 2009.

A long-term perspective on household income
November 08, 2018

A long-term perspective on household income

Considering a much longer time horizon can often yield interesting perspectives. This is especially true when looking at household income.

Younger and older workers in Alberta: A comparison
November 07, 2018

Younger and older workers in Alberta: A comparison

For the past three years, the number of young Albertans aged 15 to 24 who are either employed or looking for work has shrunk. Compared to older generations, the labour force for those 55 or older has grown.

Construction to slow in 2019
November 06, 2018

Construction to slow in 2019

Albertans are familiar with the cacophony of construction. But according to the latest read on building intentions, those noisy construction sites are set to quiet down a bit in 2019.

Canadian businesses are more innovative
November 05, 2018

Canadian businesses are more innovative

Statistics Canada notes that the higher propensity to innovate by Canadian businesses may reflect the availability of affordable and accessible technological solutions.

Jobs decline for the second straight month
November 02, 2018

Jobs decline for the second straight month

Alberta's total employment declined by about 2,700 jobs from September to October, a loss made up entirely of part-time positions. At the same time, 4,400 people joined the labour market, pushing the unemployment rate to 7.3 per cent.

Perch

Each Perch focuses on a topic that’s important to Alberta​ns. So sit back and enjoy.​​

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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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​​The Owl archives​​
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