Interest-rate hike bad news for Alberta: experts
The Bank of Canada’s rate hike Wednesday is further bad news for Alberta as it slowly crawls out of a recession.
Benchmark interest rates were raised to 0.75 per cent from 0.5 per cent — the first increase in nearly seven years — amid expectations of stronger national economic growth this year.
A budget bummer
Alberta’s economy has seen glimmers of hope over the past few months — encouraging job figures, an uptick in manufacturing and positive economic project
Read more »