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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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EI claims decline into uncertain future
December 18, 2018

EI claims decline into uncertain future

The number of EI recipients in Alberta edged down 1.1 per cent in October, landing at 47,200. Compared with 12 months earlier, the number of beneficiaries was down by 24.2 per cent, the largest year-over-year decline among all ten provinces.

A new potato king in Canada
December 17, 2018

A new potato king in Canada

Following continued growth in 2018, Alberta’s potato production is now virtually tied with that of P.E.I. Over the last twenty years, Alberta’s production is up 132 per cent while P.E.I.’s is down 18 per cent.

Confidence in the economy slipping among Alberta business owners
December 14, 2018

Confidence in the economy slipping among Alberta business owners

New survey results show small and mid-sized business enterprises are feeling more pessimistic about the future direction of the provincial economy.

Albertan households spending less on food
December 13, 2018

Albertan households spending less on food

The average household in Alberta spent $6,424 on food purchased from stores in 2017. That’s down 10 per cent from the peak amount spent in 2015.

Housing numbers show an oversupply
December 12, 2018

Housing numbers show an oversupply

The number of homes sitting vacant in Alberta's major cities, with no intended buyer, is the highest it's been in close to a decade. Both Edmonton and Calgary have an oversupply of hundreds of homes, a level that's likely to continue.

Building intentions continue to slide
December 11, 2018

Building intentions continue to slide

Provincial building permits valued $952 million in October, representing a 4.5 per cent decline over September’s total and a 5 per cent dropped from October of last year.

Housing starts rebound modestly
December 10, 2018

Housing starts rebound modestly

Home builders started construction on 26,359 new homes in Alberta last month. This brings the average number of housing starts over the last twelve months to 26,005, down nearly 10 per cent from the previous twelve month period.

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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