The regulator ordered cryptoasset businesses to explain how their operations meet provincial securities standards
The amount of capital the banks must hold to cover unexpected losses will rise to 2.5%
The reading compared with a year-over-year gain of 3.4% in April
The household debt service ratio also fell while the household savings rate rose
The FAO warned that economic growth could slow if health measures and vaccinations fail to contain Covid-19
How much help the economy will need from the central bank remains uncertain
The bank expects the province's real GDP to grow by 5% in 2021
The strategy includes building a carbon sequestration facility in Cold Lake, Alta
The central bank expects a strong economic recovery starting this summer
The largest increases in consumer debt were in British Columbia and Ontario