Wages & Affordability

Living Wage
$26.50/hr +8.4% yoy
Min. Wage
$15.00/hr 0.0% yoy
Wage Growth
5.2% +0.6 pp yoy

Living Wage vs Minimum Wage Gap

Labor Market

Unemployment
6.4% -1.0 pp yoy
Employment
1,050 +2.4% yoy
EI Recipients
21,960 +29.4% yoy

Unemployment Rate

Pre-pandemic avg

Prices & Monetary Policy

Inflation vs BoC
2.1% +0.3 pp yoy
M2 Growth
5.0% -0.8 pp yoy

Inflation vs Bank of Canada Target

CPI InflationBoC RateBoC 2% Target

Energy Sector

WTI Oil
US$57.97 -17.3% yoy
Natural Gas
$3.05 +58.9% yoy

WTI Oil Price (US$/bbl)

Construction

Housing Starts
2,488 -18.1% yoy
Building Permits
$629M -24.7% yoy

Calgary CMA Housing Starts

Monthly3-Month Avg

Consumer & Business

Retail Sales
$3.86B 0.0% yoy
Bankruptcies
10 -44.4% yoy

Calgary CMA Retail Sales