Alberta's economic outlook looking up but 'bumpy ride' ahead, says economist
The province's economic outlook is looking good, says an Alberta economist, but we are far from out of the woods just yet.
Stay updated with breaking news from Alberta Central. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The province's economic outlook is looking good, says an Alberta economist, but we are far from out of the woods just yet.
Bank of Montreal chief economist Doug Porter said it's highly unlikely Canadians are in for a double-digit, '80s-style interest rate shock any time soon.
Winnipeg's Barry Prentice was in his 20s when the spiralling inflation of the 1970s followed by double-digit interest rates in the early 1980s put home ownership completely out of reach for him and many of his friends.
Bank of Montreal chief economist Doug Porter said it's highly unlikely Canadians are in for a double-digit, '80s-style interest rate shock any time soon.
CALGARY - Winnipeg's Barry Prentice was in his 20s when the spiralling inflation of the 1970s follow...