Premier Rachel Notley says Alberta will again ease mandatory oil production cuts due to lower storage levels.
Read more: https://bit.ly/2T7UwYB
Monthly Archives: February 2019
Edmonton residents feel less safe in downtown: report
A new report suggests there is a perception the issues of safety and security, harassment and homelessness are getting worse in Edmonton’s downtown.
Read more: https://bit.ly/2VoS5xi
Alberta capital expenditures forecast to remain at $60 billion
Capital spending in Alberta is expected to be near $60 billion in 2019 for the third year in a row, says Statistics Canada.
Read more: https://bit.ly/2XnXdUa
City to return more than half of parking spots at Century Park LRT
The City of Edmonton will return 454 Park & Ride parking stalls at the Century Park LRT station to a private developer.
Read more: https://bit.ly/2Trsfbq
Edmonton councillor calls for review of ‘upzoning’ in city core
A city councillor is calling for a review of “upzoning” in the city’s core after hearing concerns that a slew of recent tower approvals is eating up market demand and driving up land prices.
Read more: https://bit.ly/2VuEHIb
Calgary’s Green Line storage barn will be so big it may need federal environmental assessment
Calgary already has several storage facilities for its light rail cars, but the soon-to-be-built Green Line maintenance and storage yard is the first to draw federal interest.
Read more: https://bit.ly/2VqYg40
Canadian trade account deficit reaches $15.5 billion
StatsCan said energy products accounted for most of the reduction in the value of exports
Read more: https://bit.ly/2EC5U5P
Credit quality is deteriorating in Canada, and banks are feeling the impact
Toronto-Dominion Bank and Canadian Imperial Bank of Canada both reported fiscal first-quarter results that included higher provisions for loan losses, contributing to earnings that missed analysts’ estimates.
Read more: https://bit.ly/2EHrruh
Lease extension for Royal Mayfair Golf Club heads to city committee
A proposed lease extension for a private golf club operating in the river valley will go before city council’s executive committee on Monday.
Read more: https://bit.ly/2tGZb4B
Airport, southwest hospital plan, Valley Line LRT impacting Edmonton’s core real estate: CBRE report
The Edmonton International Airport, a proposed southwest Edmonton hospital, and the Valley Line LRT expansion are driving long-range commercial real estate trends, says a report from the real estate firm CBRE.
Read more: https://bit.ly/2C0Aa8X