Alberta Mirror

Monday, December 4, 2023

The financial showdown this week will place the style for 2022


Key takeaways: 

  • Chrystia Freeland kicks off a cascade of financial information for the new year.
  • Anticipate fans to cheer and boo after Minister of Finance Chrystia Freeland kicks off an exhilarating week of financial fun and games — from a fiscal update and housing market data to retail sales numerals and the U.S. recreate to attack international inflation.

The financial showdown this week: 

For the multiple Canadians who watch the economic path several people watched the combat that led to Sunday’s Grey Cup, this is a thrilling week. In a hurry to reach firm finished ere the year ends, Canada’s finance minister, Chrystia Freeland, kicks off a financial storm.

On Monday, she drafted the federal government’s recent connection with the Bank of Canada. And on Tuesday afternoon, she gives a fractured Parliament with her perspective for the economy and spending in the forthcoming year.

Read more: AUPE members confirm the latest contract with the Alberta government

Economic showdown this week will set tone for 2022

But that’s not all that awaits economy fans. Also this week, due to a casualty of the calendar, Wednesday will present a fresh set of hotly awaited — and hotly disputed — economic data that will also assist set the tone for 2022.

Canadian inflation figures are out and face scrutiny following the previous week’s information of staggering price peaks in the United States. Wednesday, U.S. Federal Reserve chair Jerome Powell is widely anticipated to disclose what he is going to do around those increasing costs in the forthcoming year, something that will impact Canadians, too.

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