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Monthly Archives: February 2019

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Alberta government to ease oil production cut again, cites lower storage levels

Posted on February 28, 2019 by Joe

Premier Rachel Notley says Alberta will again ease mandatory oil production cuts due to lower storage levels.

Read more: https://bit.ly/2T7UwYB

Posted in Alberta

Edmonton residents feel less safe in downtown: report

Posted on February 28, 2019 by Joe

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

Posted in Edmonton (Alberta)

Alberta capital expenditures forecast to remain at $60 billion

Posted on February 28, 2019 by Joe

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

Posted in Alberta

City to return more than half of parking spots at Century Park LRT

Posted on February 28, 2019 by Joe

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

Posted in Edmonton (Alberta)

Edmonton councillor calls for review of ‘upzoning’ in city core

Posted on February 28, 2019 by Joe

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

Posted in Edmonton (Alberta)

Calgary’s Green Line storage barn will be so big it may need federal environmental assessment

Posted on February 28, 2019 by Joe

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

Posted in Calgary (Alberta)

Canadian trade account deficit reaches $15.5 billion

Posted on February 28, 2019 by Joe

StatsCan said energy products accounted for most of the reduction in the value of exports

Read more: https://bit.ly/2EC5U5P

Posted in Canada

Credit quality is deteriorating in Canada, and banks are feeling the impact

Posted on February 28, 2019 by Joe

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

Posted in Canada

Lease extension for Royal Mayfair Golf Club heads to city committee

Posted on February 28, 2019 by Joe

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

Posted in Edmonton (Alberta)

Airport, southwest hospital plan, Valley Line LRT impacting Edmonton’s core real estate: CBRE report

Posted on February 28, 2019 by Joe

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

Posted in Edmonton (Alberta)

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