Consumer Prices (5)
CPI (CAN)
Year-over-year % change in Consumer Price Index. BoC targets 1-3%. Affects cost escalation clauses.
CPI (BC)
Year-over-year % change in BC Consumer Price Index. BC housing costs often drive divergence from national CPI.
CPI (AB)
Year-over-year % change in Alberta CPI. Often diverges from national CPI due to energy sector dynamics.
CPI (YYC)
Year-over-year % change in Calgary CPI. Influenced by energy sector activity and housing market cycles.
CPI (YEG)
Year-over-year % change in Edmonton CPI. Key for Edmonton-based procurement cost tracking.
Labour Market (7)
Unemp (CAN)
National unemployment rate (seasonally adjusted). Broad indicator of labour market conditions across Canada.
Unemp (BC)
BC unemployment rate (seasonally adjusted). BC labour market influences cross-border procurement and port logistics.
Unemp (AB)
Alberta unemployment rate. Rising unemployment softens labour markets; falling tightens skilled trades.
Unemp (YYC)
Calgary CMA unemployment rate (3-month moving average, seasonally adjusted). Key O&G services labour market.
Unemp (YEG)
Edmonton CMA unemployment rate (3-month moving average, seasonally adjusted). Reflects upstream services demand.
Unemp (GP)
Grande Prairie CA unemployment rate (monthly, unadjusted). Direct labour market indicator for Wapiti/Montney operations.
Unemp (Peace)
Banff-Jasper-Rocky Mountain House & Athabasca-Grande Prairie-Peace River economic region unemployment (3-mo moving avg). Covers the broader Wapiti/Montney corridor labour market.
Construction Activity (1)
AB Permits
Alberta building permits value (seasonally adjusted, $M). Rising permits signal construction labour competition with O&G field operations.
Fuel Costs (3)
Gas CPI (CAN)
Month-over-month % change in Gasoline CPI (2002=100), Canada. Proxy for fuel cost trends. Directly impacts freight surcharges.
Gas CPI (BC)
Gasoline CPI index (2002=100), BC. Proxy for fuel cost trends in British Columbia.
Gas CPI (AB)
Month-over-month % change in Gasoline CPI (2002=100), Alberta. Proxy for regional fuel cost trends.