Canada’s top malls form $1,000-per-square-foot club as sector stays resilient

Posted on March 30, 2016 by Joe

TORONTO, March 30, 2016 /CNW/ – With online sales growth in Canada expected to outpace that of the overall retail market in the coming years, traditional stakeholders are not only embracing e-commerce, but fortifying their bricks-and-mortar presence with significant capital investment and innovation as they adapt to the constantly morphing shopping landscape. Thus far, the country’s leading retail centres have performed consistently well, and the retail real estate sector continues to attract its share of investor interest.

Read more: http://tinyurl.com/gs6lyne

Mortgage applications fall 1%, dragged down by fewer refinances

Posted on March 30, 2016 by Joe

Spring home buying season has kicked into high gear, but it wasn’t enough to boost mortgage applications, which fell by 1 percent last week from the previous week, the Mortgage Bankers Association reported. That was largely due to a drop in refinancings, which slipped 3 percent.

Read more: http://tinyurl.com/z28p4kx

Downtown BRZ tax rate expected to decrease

Posted on March 30, 2016 by Joe

The Downtown Business Revitalization Zone is expected to see a slight business tax rate drop, upon approval by council during the April 4 meeting.

Read more: http://tinyurl.com/j7najon

U.S. Housing Market Holds Steady

Posted on March 30, 2016 by Joe

MCLEAN, VA–(Marketwired – Mar 30, 2016) – Freddie Mac (OTCQB: FMCC) today released its Multi-Indicator Market Index® (MiMi®), showing that many of the nation’s housing markets are getting back to normal heading into the spring homebuying season. However, there are pockets of weakness, particularly in the Great Lakes Region and the South outside of Florida and Texas.

Read more: http://tinyurl.com/j35vmfu

History points to a good month ahead for oil

Posted on March 30, 2016 by Joe

Oil is enjoying an incredible March, which could suggest that a good April is ahead.

Read more: http://tinyurl.com/hhyg62z

Wanted: land for new library, arena

Posted on March 30, 2016 by Joe

Got two to four acres of commercial or industrial land within St. Albert’s borders to sell?

Read more: http://tinyurl.com/zaysno5

Sod turns for new seniors’ residence

Posted on March 30, 2016 by Joe

A plow pulled by two horses turned the sod Tuesday morning to officially launch construction of a new residence for seniors.

Read more: http://tinyurl.com/z9txdlj

Planning department getting great reviews

Posted on March 30, 2016 by Joe

The city’s planning department is receiving high marks from the public on customer service surveys from last year.

Read more: http://tinyurl.com/z9mr5gc

Rising transmission costs pushing Alberta power bills to new heights: report

Posted on March 30, 2016 by Joe

Transmission costs on Alberta power bills are climbing at unsustainable rates with increases that are unprecedented in North America, consumer groups warn.

Read more: http://tinyurl.com/zcg39r8