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Recent Posts

February job numbers show signs of improvement

Posted on: March 10, 2017 | Author: ATB Financial’s Economics + Research Team Even though the job situation for thousands of Albertans is still difficult, Statistics Canada’s latest employment report shows a slight improvement in February. Between January and February, Alberta’s labour market gained approximately 1,300 jobs. Despite shedding 18,000 part-time jobs last month,...  Continue reading...

Is construction in Calgary and Edmonton set to collapse this year?

Posted on: March 09, 2017 | Author: ATB Financial’s Economics + Research Team To say there’s been some fear about Alberta’s construction activity is an understatement. Given the amount of over-build that we’ve seen—particularly for commercial real estate—the sector is surely headed for a crash. Or is it? The best forward-looking indicator of where...  Continue reading...

Housing starts show economic improvement

Posted on: March 08, 2017 | Author: ATB Financial’s Economics + Research Team Housing starts offer a good way to assess economic confidence, as they give us an indication as to where we are in the economic cycle. After a rough January, homebuilders managed to find new projects in February, suggesting Alberta is starting...  Continue reading...

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