Global banking giant Citi believes time is nearly up on Australia’s apartment building boom, with a glut of supply over the next two years likely to trigger a drop in prices.
Read more: http://tinyurl.com/z8malj9
Monthly Archives: August 2016
Iran says will cooperate with OPEC to stabilize the oil market: IRNA
Iran’s oil minister said on Friday that Tehran will cooperate with Organization of the Petroleum Exporting Countries (OPEC) to stabilize the world market, but expects others to respect its rights, the ministry’s news agency SHANA quoted him as saying.
Read more: http://tinyurl.com/zmr4jf2
Despite economic gloom, Toronto-based developers remain bullish on Calgary
As Calgary suffers through one of the worst downturns in its history, a number of Toronto-based developers are taking a long-term view on the Alberta economy and moving ahead with multimillion-dollar projects.
Read more: http://tinyurl.com/jm7g8bo
Cochrane housing market holding its own
When talking home ownership it comes as little surprise in the midst of an economic downturn to hear talk of a buyer’s market and in some parts of the province, including Calgary, the outlook is a little grim.
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Calgary road construction takes a hit with record rains
If it feels like the Calgary’s summer road construction projects are melding together – it’s because they are.
Read more: http://tinyurl.com/htbn9d5
City gathering public input for economic strategy
Kent Rupert, team leader of Economic Development at the City of Airdrie, said he’s hoping feedback received from the public will help him and his team as they work on a new economic strategy.
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Recovery Committee recommends tax relief for evacuees
The Wood Buffalo Recovery Committee is recommending council give varying levels of property tax relief to residents affected by the wildfire.
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New School and Recreation Sites Approved by Blackfalds Council
Blackfalds Town Council has given itself and Wolf Creek Public Schools some leverage in a bid for funding for a new high school.
Read more: http://tinyurl.com/hv8j9qt
Gold Wins In Three Out Of Four Scenarios, Macquarie Warns “None Of Them Are Good For The Economy”
Warren Buffett claims that gold is worthless because it doesn’t produce anything. Fair point, but what if the other sectors of the economy also stop producing?
Read more: http://tinyurl.com/jgx3c5k
Plan looks at widening Hwy. 21
Work is already underway to make Fort drivers’ commute easier and more efficient.
Read more: http://tinyurl.com/hk2rdaz