Weathervaning Local Business Conditions

Statistics Canada released their weekly Local Business Conditions Index (RTLBCI) covering the week ending April 11, 2022 and it shows that business conditions in Calgary and Edmonton are on the rise. From January 3, 2022 to April 11, 2022, Calgary’s RTLBCI has increased from 164.97 to 239.36, while Edmonton’s has also increased from 214.65 to…… Continue reading Weathervaning Local Business Conditions

Betting on WTI is a Short-term Strings Attached Solution

The Alberta government stopped collecting the fuel tax at the beginning of April in an effort to provide “real relief” to Albertans impacted by rising fuel and inflationary costs. The tax cut saves motorists up to $0.13/L on gasoline and diesel but reduces the provincial revenues by approximately $1.3B (nearly 3% of provincial revenues).  For…… Continue reading Betting on WTI is a Short-term Strings Attached Solution