It's a new year, and that means we're back with a fresh look at what is happening in the economy, both here in Alberta and Canada, but also around the world.

Coming into 2023, things are a bit in flux: people are concerned about rising inflation, rising cost of living, the cost of healthcare, and a looming global economic slowdown. But despite these hardships, Alberta's job market is hot, people are moving to Alberta, and wage growth is expected to accelerate.

In this episode, we're joined by BCA's economics team, Mike Holden and Alicia Planincic, to discuss the latest economic update from the Business Council: what's going on in the labour force, consumer sentiment, potential for a global recession, and expectations for the coming year.

------------

About The Business Council of Alberta

The Business Council of Alberta was founded on a simple idea: to make life better for all Albertans. We believe that business has an important role in improving society, and that when business does well, we all do well. We work with the chief executives and leading entrepreneurs of Alberta's largest enterprises to understand the big, long-term challenges that Albertans are facing and work with industry, government, and civil society to solve these problems and build shared prosperity for every person who calls Alberta home.

Check out more of our recent work: https://bit.ly/3JG9ifS

Check out recent episodes of AlbertaBETTER: https://bit.ly/3bHlfFB

Subscribe to our monthly newsletter: https://bit.ly/3BPxDhv

Follow us on social media:

• Twitter: https://bit.ly/3P7pgB0
• Facebook: https://bit.ly/3Qx6B2J
• LinkedIn: https://bit.ly/3QaetHE
• YouTube: https://bit.ly/3QswqAV