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Wednesday, May 29, 2013 - Alberta the place to be for wages

On a broad range of economic indicators, our province is often the statistical outlier among the provinces. New information on the size of workers? paycheques is keeping  with this trend.  In March, Alberta employees earned an average of $1,111.20 per week. Compared to a year ago, earnings in the province are higher by 4.6 per cent?far outpacing the annual increase in consumer prices of 1.0 per cent in that month. Nationally, average weekly earnings increased by 3.1 per cent year-over-year. The ... Full Article...
posted in General at Wed, 29 May 2013 11:11:43 -0600

Friday, May 24, 2013 - Low interest rates keep home affordability stable: RBC

Bank of Canada central bank likely won?t start hiking rates until mid-2014 A new analysis from the Royal Bank (TSX:RY) finds home ownership in Canada remains largely affordable, even if there are signs of mild financial stress among indebted families. The RBC says its latest affordability report shows household financial conditions relative to home ownership were relatively unchanged in the first quarter of 2013 compared with the fourth quarter of 2012. The RBC affordability measure represents ... Full Article...
posted in General at Fri, 24 May 2013 13:29:31 -0600

Tuesday, May 21, 2013 - Illinois Avenue

Alberta?s trade with the big Asian economies of China and India have attracted plenty of attention and the potential for growth to these regions is enormous. However, more than a quarter of our international exports goes to one specific region of the world?and that region is less than a quarter of the geographic size of Alberta. Illinois, the fifth largest U.S. state by population, is the destination of more than 26 per cent Alberta?sinternational exports over the last two years. That is more ... Full Article...
posted in General at Tue, 21 May 2013 22:39:23 -0600

Friday, May 17, 2013 - Inflation still well below target

There?s plenty of troubling economic news around if you want to find it. But one thing that most consumers are not worrying about too much lately is inflation?that is, at least not in April.Last month, Canada?s overall inflation rate as measured by the Consumer Price Index (CPI) fell to 0.4 per cent yearover- year. That ?s down from an annual rate of 1.0 per cent in March and well below the 2.0 per cent target rate set by the Bank of Canada. The ?core? rate of inflation, which strips out eight ... Full Article...
posted in General at Fri, 17 May 2013 21:18:44 -0600

Tuesday, May 7, 2013 - Why we buy homes

Whether it?s the longer days, the warmer evenings, or the arrival of tax refunds, by far the busiest time of year for homebuyers is late spring. In a typical year, almost three times as many homes will pass hands in May and June than during the early winter. So, what are the main reasons Albertans hunt for a home? A recent survey of Alberta households conducted by ATB Financial asked respondents if they were actively in the market to purchase a home?and if so, to indicate their primary ...
posted in General at Tue, 07 May 2013 10:55:00 -0600

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