Wages & Affordability

Living Wage
$26.50/hr +8.4% yoy
Min. Wage
$15.00/hr 0.0% yoy
Wage Growth
5.2% +1.2 pp yoy

Living Wage vs Minimum Wage Gap

Labor Market

Unemployment
6.5% -0.7 pp yoy
Employment
1,060.3 +2.3% yoy
EI Recipients
22,570 +29.4% yoy

Unemployment Rate

Pre-pandemic avg

Prices & Monetary Policy

Inflation vs BoC
1.7% +0.3 pp yoy
M2 Growth
3.8% -3.0 pp yoy

Inflation vs Bank of Canada Target

CPI InflationBoC RateBoC 2% Target

Energy Sector

WTI Oil
US$89.33 +30.9% yoy
Natural Gas
$2.26 +9.2% yoy

WTI Oil Price (US$/bbl)

Construction

Housing Starts
1,332 -34.4% yoy
Building Permits
$635M -2.2% yoy

Calgary CMA Housing Starts

Monthly3-Month Avg

Consumer & Business

Retail Sales
$3.91B +2.1% yoy
Bankruptcies
16 -91.9% yoy

Calgary CMA Retail Sales