HALIFAX – The loonie fell sharply Tuesday after Bank of Canada governor Stephen Poloz delivered a gloomy speech saying slow economic growth is probably the new norm, requiring central bankers to keep interest rates low during a long period of stagnation.
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CALGARY – Alberta will lead the country with the highest annual growth rate in prices over the next two years in the resale housing market, says a new report released Monday by the Canadian Real Estate Association.
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The City of Spruce Grove showed support for its regional neighbour of Stony Plain during a regular council meeting on March 10.
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What does it mean for the future?
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The job market rebounded from a two-month slump in February as employers added 175,000 jobs, while the unemployment rate rose to 6.7% from 6.6%, the Labor Department said Friday.
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The Alberta government is banking that rapid production gains in the province’s oilsands sector will drive economic growth in 2014 and beyond.
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Go west, young job-seeker.
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Spruce Grove continues to grow, one brick at a time.
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Residential and commercial growth continued in Airdrie throughout 2013, as was shown by the City’s yearly construction value – $406 million – released on Feb. 24.
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CALGARY – Calgary’s economy has strengthened considerably in the past few years with strong business and consumer confidence as the city is forecast to lead the country in Real GDP growth in 2014.
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