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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.

New vehicles sales down again

New vehicles sales down again

It’s not a good sign that the seasonally-adjusted number of new vehicles purchased by Albertans was down in June for the 13th month in a row.

Farm incomes down last year

Farm incomes down last year

Realized net farm income in Alberta was down 68.1 per cent after rising by 9.9 per cent in 2017. Cash receipts were down by 4.0 per cent while operating expenses (after rebates) were up by 5.1 per cent.

Forestry sector facing challenges

Forestry sector facing challenges

The first half of 2019 has been a tough one for Alberta’s forestry sector. Exports of wood products were down 20.7 per cent over the first six months of 2019 compared to the first six months of 2018.

Mortgage debt on the rise

Mortgage debt on the rise

Median mortgage debt in Canada nearly doubled between 1999 and 2016, going from $91,900 to $180,000 in 2016 constant dollars.

Building permits down in June

Building permits down in June

The value of residential permits was off by 27.1 per cent compared to the previous June while non-residential construction fell by 36.7 per cent.

Unemployment rises in July

Unemployment rises in July

After some improvement in June, employment in Alberta slipped by 0.6 per cent in July—the fourth monthly pullback since the start of the year.

Alberta's labour productivity, part 2

Alberta's labour productivity, part 2

Alberta’s labour productivity has decreased in three of the last four years for an average annual contraction of 0.01 per cent.


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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