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Monthly Archives: August 2015

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Housing affordability continues to improve in Calgary market

Posted on August 31, 2015 by Joe

Owning a home in Calgary at market price remains more affordable than it has been on average since the middle of the 1980s, says a new report released Monday by RBC Economics Research.

Read more: http://tinyurl.com/oyhf3ba

Posted in Calgary (Alberta)

Capital investment in oilsands could decline further, CAPP president says

Posted on August 31, 2015 by Joe

Capital investment in Alberta’s oilsands could see a further decline next year on top of the pullback being experienced in 2015, the president of the Canadian Association of Petroleum Producers said Monday.

Read more: http://tinyurl.com/qeq9gh5

Posted in Alberta

Alberta crops better than expected

Posted on August 31, 2015 by Joe

Federal Agriculture minister Gerry Ritz said Albertan crops are in better condition than he expected they would be following the somewhat dry summer season.

Read more: http://tinyurl.com/qc5a6wm

Posted in Alberta

Council Holds Firm saying No to Winter Ross Street Patio

Posted on August 31, 2015 by Joe

Council is sticking to its guns saying no to a new request for year round implementation of the Ross Street Patio.

Read more: http://tinyurl.com/owa645x

Posted in Red Deer (Alberta)

Hammered by low oil prices, Alberta on brink of recession as economic outlook weakens

Posted on August 31, 2015 by Joe

Alberta’s forecast deficit could continue to grow this year as depressed oil prices plunge the province to the brink of a recession, Alberta Finance reported in its quarterly fiscal update Monday.

Read more: http://tinyurl.com/q5s9bw2

Posted in Alberta

Five-year sentence in landlord attack over bed bug rage

Posted on August 31, 2015 by Joe

An Edmonton man who stormed his landlord’s office and slashed an employee’s neck over a bed bug complaint was sentenced to five years in prison Monday.

Read more: http://tinyurl.com/nzl9v56

Posted in Edmonton (Alberta)

Calgary’s East Village welcomes first resident to the neighbourhood

Posted on August 31, 2015 by Joe

The emerging East Village welcomed its first resident Monday, seven years into its development.

Read more: http://tinyurl.com/o8o8ua9

Posted in Calgary (Alberta)

Proposal to convert Victory Church to community centre on hold

Posted on August 31, 2015 by Joe

The city and a non-profit group are taking another look at a proposal to turn a defunct Edmonton church into a community centre.

Read more: http://tinyurl.com/pmdaxya

Posted in Edmonton (Alberta)

Continued downswing expected in Calgary housing starts in 2016

Posted on August 31, 2015 by Joe

Homebuilding activity in Calgary is expected to be lower than the long-term average for the next two years, according to a new report by the Altus Group.

Read more: http://tinyurl.com/pvtzc2s

Posted in Calgary (Alberta)

Calgary housing market correction has not yet run its full course, bank says

Posted on August 31, 2015 by Joe

Notwithstanding the recent modest recovery in sales, TD Economics said Monday it believes that the housing market correction in Calgary, Edmonton, Saskatoon and Regina has not yet run full course.

Read more: http://tinyurl.com/q46dbz3

Posted in Calgary (Alberta), Edmonton (Alberta)

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