Page 14 - Rob Roach News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The financial institution and Crown corporation said Thursday that it now predicts economic growth of 5.0 per cent for the year.

  CALGARY -- New Statistics Canada inflation numbers are out and if you think you're spending more today than you were a year ago, you're right. The Consumer Price Index is up 3.3 per cent in Alberta, just slightly lower than the rest of Canada. The biggest single factor was the price of energy, with gas prices more than double what they were in April 2020. Electricity is up too – by nearly 17 per cent. The sirloin steak on your barbecue costs another dollar per kilogram while milk is up around 20 cents. It all adds up to more money for the same things. It's not all bad though. With...

  CALGARY -- A surge in lumber prices over the last year has left many Calgarians scratching their head over whether or not to build or renovate their homes. Benchmark prices according to the Chicago lumber futures at the start of the pandemic were just over USD$400 per thousand board feet, but hit the $1,700 mark just last week. The news is concerning for developers and realtors like Puma Banwait with Century 21. He ordered a lumber package for a new custom-made luxury home at a price of $108,000 back in November, but the price for a similar home today has now skyrocketed to $173,000.

Article content The economic recession caused by the COVID-19 pandemic is among the worst Alberta has faced in three decades, indicates the latest ATB Financial data. The financial institute lists four major recessions over the last 30 years including two in the ’80s, one in 2009 and another in 2015. The pandemic, which has resulted in thousands of jobs lost and business closures, has ushered in yet another recession. We apologize, but this video has failed to load. Try refreshing your browser, or Economic impacts from COVID-19 on par with 'worst recession in 30 years:' ATB Financial Back ...

Article content The economic recession caused by the COVID-19 pandemic is among the worst Alberta has faced in three decades, indicates the latest ATB Financial data. The financial institute lists four major recessions over the last 30 years including two in the ’80s, one in 2009 and another in 2015. The pandemic, which has resulted in thousands of jobs lost and business closures, has ushered in yet another recession. We apologize, but this video has failed to load. Try refreshing your browser, or Economic impacts from COVID-19 on par with 'worst recession in 30 years': ATB Financial Back ...