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Bank of Canada signals rates to remain on hold even longer.
Bitumen production up 16%
Statistics Canada announced that the province added more than 10,000 jobs last month, a fifth of all new jobs in Canada! Employment in Canada rose by 4% over the last 12 months.Alberta leads in job growth again.
The Bank Of Canada announced today that it will hold the key rate at 1%.
The wheels of growth are picking up the pace in Alberta, as the province gets set to reclaim its position as Canada’s fastest growing economy, according to the latest provincial Provincial Outlook report released today by RBC Economics.