Alberta inflation rate holds steady in September

Alberta inflation rate holds steady in SeptemberAlberta’s inflation rate held steady at 1.3 per cent in September compared to 1.9 per cent nationally, according to data released Wednesday by Statistics Canada. The federal agency said British Columbia had the highest year-over-year change in prices at 2.4 per cent while Newfoundland and Labrador had the lowest rate at 0.5 per cent. The…

There’s no free lunch when it comes to government spending

Modern monetary theory advocates argue the government should have a magic wand to conjure up money out of thin air.

There’s no free lunch when it comes to government spendingLeft to their own devices, politicos every now and then come up with a theory that allows them to promise free lunches. Modern monetary theory (MMT) is all the rage in the United States and Canada among starry-eyed social engineers who see no limits to their intervention. Rather than arising from academic inquiry, debates concerning…

Annual inflation rate lower in Alberta than the Canadian average

Energy prices fell across the country in June, led by big declines in Alberta

Annual inflation rate lower in Alberta than the Canadian averageThe annual rate of inflation in Alberta was lower than the Canadian average in June, according to data released on Wednesday by Statistics Canada. The federal agency said the consumer price index (CPI) in the province rose 1.4 per cent year over year, down from a 2.3 per cent increase in May. Across Canada, the…

Alberta inflation rate lower than national average: StatsCan

But economist warns we can't discount the relatively broad-based nature of price growth

Alberta inflation rate lower than national average: StatsCanAlberta’s annual inflation rate of 2.3 per cent was lower than the Canadian average in May, according to Statistics Canada. The federal agency reported on Wednesday that nationally the consumer price index rose 2.4 per cent on a year-over-year basis. On a monthly basis, consumer prices in Alberta rose 0.2 per cent from April while…

Alberta’s annual inflation rate above the Canadian average

But a TD economist says national inflation remains well contained and is likely to remain so over the foreseeable future

Alberta’s annual inflation rate above the Canadian averageConsumer prices in Alberta rose in April higher on an annual basis than the Canadian average, according to data released by Statistics Canada on Wednesday. The federal agency reported that the Consumer Price Index in Alberta was up 2.2 per cent from April 2018 while the Canadian average was two per cent. Both the Alberta…

Alberta’s annual inflation rate higher than national average

Higher prices for gasoline and natural gas mostly to blame, according to StatsCan

Alberta’s annual inflation rate higher than national averageThe annual inflation rate increased in every province in March but price growth in Alberta (+2.3 per cent) was higher than the Canadian average (+1.9 per cent), says Statistics Canada. The federal agency reported on Wednesday that “the gains in these provinces were led by higher prices month over month for gasoline, as well as…

Government policies taking toll on Alberta restaurants

Government policies taking toll on Alberta restaurantsMore than a third of Alberta’s restaurants are considering closing their doors, according to a Restaurants Canada survey. In a news release issued on Monday, the organization said the survey  reveals the need for government policy changes to help foodservice operators recover from recent changes to provincial labour legislation. “When restaurants struggle, so do the…

Waste not, want not and your business will profit

When you need to find savings in your business, look at the areas of systems, energy, people and inventory

Waste not, want not and your business will profitI was eating breakfast with my son Caleb the other day and noticed he left his crusts on the plate. “Caleb,” I said, “do you know how many kids in the world would beg for scraps of food like you’re wasting?” Watching him made me remember my parents’ reminders about the millions of starving children…

Alberta’s annual inflation rate lower than Canadian average

Lower energy costs dampened inflation across the country in January, according to StatsCan

Alberta’s annual inflation rate lower than Canadian averageThe annual rate of inflation in Alberta in January was lower than the Canadian average, according to Statistics Canada. The federal agency reported on Wednesday that the consumer price index rose by 1.2 per cent year over year in the province while it was 1.4 per cent nationally. Across Canada, the index was down from…
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