Collaboration between the City of St. Albert and the City of Edmonton on the idea of a separate regional transit commuter system looks set to move forward.
Read more: http://tinyurl.com/zzed6bt
Monthly Archives: March 2016
Air cargo business booming at Edmonton International Airport despite downturn
Alberta may be flirting with a recession, but you’d never know it judging by the level of activity at Edmonton International Airport’s air cargo apron.
Read more: http://tinyurl.com/zzrovj4
As Net-Long Positions Near Records, Is The Oil Rally Overdone?
Since February, major investors have predicted that oil prices were poised for a huge rally. Hedge funds and money managers piled into bets on rising oil prices, going long on the crude rally.
Read more: http://tinyurl.com/zzkqsfg
How Have Hedge Funds Been Affected By Oil Prices?
After suffering large losses in 2014, trying to find a bottom in crude oil, the hedge fund industry wizened up: In 2015, it reduced its weightage to the energy sector to the lowest levels since 2008, saving themselves from profound losses when crude hit new 12-year lows—levels not seen since 2004. It was a short-lived euphoria, however, as most missed the stellar run in crude from the lows and are scrambling to enter after the rebound.
Read more: http://tinyurl.com/hwrzcbo
Chinese still love property investment; potential in smaller cities: CLSA
Despite recent limits on property financing in China, real estate is still the favorite asset class of the Chinese, said CLSA’s regional property research head, Nicole Wong.
Read more: http://tinyurl.com/jnlgcb7
Parker: Telsec project fills office gap in northwest Calgary
A shortage of commercial real estate and retail space has existed in northwest Calgary for a long time.
Read more: http://tinyurl.com/glv7l85
City Council Lays Out Tentative Tax Hike Guidelines for 2017
Red Deer City Council is looking to put a cap on next year’s municipal tax hike
Read more: http://tinyurl.com/hfqwjck
Councillors to approve $2.5 M for annexed area
The newly annexed area of the city will see a boost of $2.5 million in funding for 2016 as the committee of the whole voted to move administration’s financial recommendation to council for final approval.
Read more: http://tinyurl.com/hzry7fo
$1-billion deal will make Stantec global leader in water resources infrastructure, Edmonton company says
Stantec Inc. has unveiled the biggest deal in the engineering and infrastructure design consulting giant’s 62-year history.
Read more: http://tinyurl.com/jljpo9o
Economic development manager takes the lead
A focus on High River’s summer season is vital in the sense of attracting visitors to town, but for Jodi Dawson, the town’s new manager of economic development, so too is increasing their desire to remain as residents.
Read more: http://tinyurl.com/z8gufxm