Wages & Affordability

Living Wage
$26.50/hr +8.4% yoy
Min. Wage
$15.00/hr 0.0% yoy
Wage Growth
3.6% +1.3 pp yoy

Living Wage vs Minimum Wage Gap

Labor Market

Unemployment
6.9% -0.9 pp yoy
Employment
1,092.9 +7.0% yoy
EI Recipients
16,240 -17.6% yoy

Unemployment Rate

Pre-pandemic avg

Prices & Monetary Policy

Inflation vs BoC
4.2% +1.9 pp yoy
M2 Growth
4.4% -0.9 pp yoy

Inflation vs Bank of Canada Target

CPI InflationBoC RateBoC 2% Target

Energy Sector

WTI Oil
US$91.48 +43.0% yoy
Natural Gas
$1.37 +30.5% yoy

WTI Oil Price (US$/bbl)

Construction

Housing Starts
1,504 +20.8% yoy
Building Permits
$977M +34.6% yoy

Calgary CMA Housing Starts

Monthly3-Month Avg

Consumer & Business

Retail Sales
$4.20B +9.7% yoy
Bankruptcies
25 +56.2% yoy

Calgary CMA Retail Sales