Consumers and sectors are expected to be disproportionately affected
It is the seventh largest bank in Canada and operates more than 130 branches across the country
Rising prices are cutting into retirement contributions
Core measures also pointed to a slowdown in annual inflation last month
Despite the drop, the statistics still represent historic highs, according to economist
De-indexing effectively forced Albertans to pay almost $647 million more in taxes from 2020 to 2022
The bank's wealth management business earned $181 million, up 10% from $164 million a year ago
The province has enough money to balance the 2022-23 budget, says Finance Minister Donna Harpauer
However, food prices at grocery stores rose at the fastest pace since August 1981
Participating insurance sales helped drive 32% premium increase in Canada