Forecasting
This area involves preparation of forecasts of variables influencing the operations of the Corporation, at various levels of detail, for both planning and budgeting. Forecasts may be prepared and updated on an ongoing basis for corporate use or on behalf of individual departments/divisions. After development of a forecasting model and preparation of the initial forecast, the model(s) and responsibility may be transferred to the client department. In some cases, consultative and/or review services are provided in connection with other parties' forecasts.
The economy and other factors are monitored on a continuous basis. This encompasses tracking such items as employment growth, inflation, specific events (such as natural disasters), federal and provincial policy changes, etc.
Advice on these changes is provided appropriately. This advice may involve adjustments to then-current forecasts, memoranda of advice to Finance or updating annual detailed reviews for credit rating purposes. A selected number of key indicators are updated regularly and made available through the Internet.
Economics Information
For further economics information see:
Corporate Economics introduction
Current economics publications
Economics publications release dates
Contact Corporate Economics
Economics Publications Past Issues
Calgary & Region Economic Outlook
2011-2016: Second Quarter 2011
2011-2016: First Quarter 2011
2010-2015: Fourth Quarter 2010
2010-2015: Second Quarter 2010
2010-2015: First Quarter 2010
Fourth Quarter 2009
Second Quarter 2009
First Quarter 2009
Fourth Quarter 2008
Third Quarter 2008
Second Quarter 2008
First Quarter 2008
Fourth Quarter 2007
Third Quarter 2007
Second Quarter 2007
First Quarter 2007
Winter 2007
Summer 2006
Fall 2006
2007-2012 Economic Outlook
2005-2015 Economic Outlook
2004-2014 Economic Outlook
Calgary & Region Socio-Economic Outlook
Volume 1: Executive Summary Socio-Economic Outlook 2010-2020
Volume 2: Economic Outlook 2010-2020
Volume 3: Social Outlook 2010-2015
Volume 1: Executive Summary Socio-Economic Outlook 2009-2019
Volume 2: Economic Outlook 2009-2019
Volume 3: Social Outlook 2009-2019
Volume 1: Executive Summary Socio-Economic Outlook 2008-2013
Volume 2: Economic Outlook 2008-2013
Volume 3: Social Outlook 2008-2013
2006-2016 Socio-Economic Outlook
2005-2010 Socio-Economic Outlook
2003-2008 Socio-Economic Outlook
Calgary & Region Socio-Economic Outlook with Long Term Economic Trends
Volume 1: Executive Summary Calgary & Region Socio-Economic Outlook 2007-2012
Volume 2: Calgary & Region Economic Outlook 2007-2012 with Long Term Economic Trends
Volume 3: Calgary & Region Social Outlook 2007-2012
Population Projection
2007-2037 Population Projection
2007-2037 Population Projection Short Term
Information provision
Corporate Economics monitors and disseminates key economic indicators such as inflation, employment, interest rates and exchange rates.
Current Economic Analysis
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
Calgary Economic Report
Third Quarter 2007
Second Quarter 2007
First Quarter 2007
Fourth Quarter 2006
Third Quarter 2006
Second Quarter 2006
First Quarter 2006
Fourth Quarter 2005
Third Quarter 2005
Second Quarter 2005
First Quarter 2005
Fourth Quarter 2004
Third Quarter 2004
Second Quarter 2004
Calgary's Economic Times
November 2005
September 2005
August 2005
July 2005
May-June 2005
March-April 2005
January-February 2005
Inflation Review
February 2012
January 2012
December 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
Febraury 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
Labour Market Review
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
Construction Inflation
Third Quarter 2011
Second Quarter 2011
First Quarter 2011
Fourth Quarter 2010
Third Quarter 2010
Second Quarter 2010
First Quarter 2010
Fourth Quarter 2009
Policy analysis
These projects originate in response to current problems facing the Corporation or parts thereof. Corporate Economics work on these problems is comprised of problem definition, detailed analysis, generating alternative solutions and usually working through implementation of these solutions. These problems, or problem areas, may be externally generated or may be internal to the City. Issues requiring Corporate Economics services will normally have significant economic and/or public finance connotations, although this may not always be the case.
A Municipal Fiscal Impact Model
A Question of Balance: Government Fiscal Imbalances in Calgary
The Economic Impact of Cities
Forging a New Relationship with the Federal Government
Growth Convergence and Strategic Investment: An Alberta Case Study
2005 Federal Budget Commentary
Calgary Impact Assessment Model (CIAM)
CIAM is a fiscal impact model, based on the economic and fiscal relationships in The City of Calgary. It can assess how a change will affect The City's economy and finances. CIAM's analysis is at the municipal level and provides information on the following indicators:
- population
- employment
- housing
- business space
- government revenues and expenditures.
CIAM typically is used to look at several "what-if" scenarios, especially if there is uncertainty about the change.
How is CIAM used?
CIAM is an educational tool for a municipality facing change. In general, the model should be used in the municipality's decision making process to allow the analyst/decision-maker to examine various options facing the municipality.
Availability
Analysis using CIAM is available through Corporate Economics.