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Stress tests link key bank variables with macroeconomic indicators to measure, for example, how much bank earnings can vary during economic downturns. For local businesses, which are closely tied to the health of the local economy, it’s important that these macroeconomic indicators have a regional focus. In this project, our goal is to enhance the accuracy of our forecasts for Alberta’s output. Since many businesses in Alberta depend on these forecasts for decision-making, this tool will offer valuable insights to businesses throughout the province.
Sebastian Fossati;Valentina Galvani
ATB Financial
Business
Finance and Insurance
University of Alberta
Accelerate
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