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Monthly Archives: February 2017

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Canadian consumer confidence hits seven-year high in February

Posted on February 28, 2017 by Joe

OTTAWA, Feb. 28, 2017 /CNW/ – The Conference Board of Canada’s Index of Consumer Confidence rose 9.0 points in February to 110.6. This was the largest monthly increase since March 2015, putting the index at its highest level in more than seven years.

Read more: http://tinyurl.com/zm5wwll

Posted in Canada

Council defers decision on 2017 tax relief for wildfire properties

Posted on February 28, 2017 by Joe

Council voted to defer a proposal to cancel municipal property taxes for every residential property destroyed or “irreparable damaged” by last May’s wildfire during their Tuesday evening meeting, after members disagreed on the timing and nature of the motion.

Read more: http://tinyurl.com/z2zrcdt

Posted in Fort McMurray (Alberta)

Early signs that Help-to-buy could be driving up property prices

Posted on February 28, 2017 by Joe

Mortgage approvals rocketed by 41 per cent in the three months ending January, as first-time buyers flocked to get a loan in the wake of looser mortgage lending rules and to avail of the Government’s new help to buy scheme.

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

Posted in Global

Firehall No. 2 opens for public

Posted on February 28, 2017 by Joe

Medicine Hat Fire Services opened the doors of the new station to the public Monday, holding an open house for Hatters to come and check out the upgraded location.

Read more: http://tinyurl.com/hjshd2n

Posted in Medicine Hat (Alberta)

Council amends funding resolutions

Posted on February 28, 2017 by Joe

Those in favour of building a new performing arts centre or an Exhibition Trade and Convention Centre will have a greater ability to find funding for their projects.

Read more: http://tinyurl.com/gv3znp3

Posted in Lethbridge County (Alberta)

Drop in value of city homes more than covered by growth in other sectors

Posted on February 28, 2017 by Joe

The value of city homes fell only slightly up to mid-2016, according to the City of Medicine Hat’s new property tax assessment.

Read more: http://tinyurl.com/zt497um

Posted in Medicine Hat (Alberta)

Next Oil Rally? Futures Say Market Is Tightening

Posted on February 27, 2017 by Joe

U.S. oil inventories are at record levels, but there are a few glimmers of hope that the glut could be starting to subside.

Read more: http://tinyurl.com/z6zuhm8

Posted in Global

India Has A Plan To Create A New Oil Major

Posted on February 27, 2017 by Joe

India’s state-run Oil and Natural Gas Corporation (ONGC) will take majority control of Hindustan Petroleum Corp (HPCL) as part of the government’s plan to merge some state-held companies to create an oil major capable of competing with Big Oil, India’s Economic Times reported on Monday, quoting senior government officials.

Read more: http://tinyurl.com/j5j69aj

Posted in Global

Alberta economy poised for first growth in two years in 2017, but unemployment will stay high, ATB Financial economist says

Posted on February 27, 2017 by Joe

There was positive news for Alberta’s economy Monday as another analyst predicted solid if unspectacular growth in 2017 following two years of recession.

Read more: http://tinyurl.com/js8e2oo

Posted in Alberta

Calgary Green Line spending at $101M to date

Posted on February 27, 2017 by Joe

The city’s largest unfunded infrastructure project has racked up quite the bill already.

Read more: http://tinyurl.com/jlvu3d2

Posted in Calgary (Alberta)

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