More affordable housing could be on its way to Fort Saskatchewan.
Read more: http://tinyurl.com/jbdaugz
Monthly Archives: January 2016
Construction kicks off at cancer centre
Some three years after starting to fundraise for a refurbished cancer centre, those with the High River and District Health Care Foundation, along with local Rotarians, announced the start to construction in style.
Read more: http://tinyurl.com/zd9823w
Weak Economy Could Stifle Oil Price Rally
As I have explained previously, the main drivers for a sustained oil price recovery – if we shove aside all the media noise and fundamentals – will be Fed policy changes and or OPEC production cuts. It appears that both are about to happen.
Read more: http://tinyurl.com/hvpvppr
Hope remains to save Oliver Building
There’s still hope an often-photographed piece of Lethbridge history can be saved.
Read more: http://tinyurl.com/h4sgjfz
Salisbury Village names accepted
Proposed road naming to Salisbury Village did not receive the response that county administration was looking for.
Read more: http://tinyurl.com/z35ttfz
Devon council briefs
Devon’s council meeting on Monday, Jan. 25 included an amending bylaw for secondary and garage suites.
Read more: http://tinyurl.com/zswqvht
Penn West Announces Operational Update, 2016 Capital Budget and Provides Full Year Guidance
CALGARY, Jan. 28, 2016 /CNW/ – PENN WEST PETROLEUM LTD. (TSX – PWT; NYSE – PWE.BC) (“Penn West”, “we”, “us” or “our”) announces that the Board of Directors has approved a highly disciplined capital budget of $50 million for 2016. This budget responds to the significant decline in commodity prices and proposes capital spending levels 90 per cent lower than the 2015 planned capital program. Our 2016 capital budget is consistent with the strategy announced on September 1, 2015 which limits our total expenditures to funds flow from operations, while driving down our cost structure.
Read more: http://tinyurl.com/zu5clbk
Beware of new rental scam
If anyone is looking into the rental market and finds what appears to be a dream property, make sure to check twice and be careful.
Read more: http://tinyurl.com/zazk469
HSBC halts mortgages to Chinese buying U.S. property amid crackdown from Beijing
Europe’s biggest lender HSBC will no longer provide mortgages to some Chinese nationals who buy real estate in the United States, a policy change that comes as Beijing is battling to stem a swelling crowd of citizens trying to get money out of China.
Read more: http://tinyurl.com/jlna5gn
Durable goods orders tumbled 5.1% in Dec.
Orders for long-lasting goods fell sharply in December as weakness abroad and low oil prices continued to weigh on manufacturers.
Read more: http://tinyurl.com/hgx3dnd