OPINION: New Zealand’s cities are among the most expensive in the world. Not even a global pandemic will dent that trend.
Read more: https://bit.ly/3hDJMZA
Monthly Archives: July 2020
Province announces funding for Alberta cities to support infrastructure needs, operating costs
Alberta municipalities will receive $1.1 billion to support operating costs during the COVID-19 pandemic and build new infrastructure, the UCP government announced Tuesday.
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CMHC eyeing ‘new tools’ as mortgage deferral cliff looms for borrowers
With a six-month window for some borrowers to defer their loan payments closing fast, Canada Mortgage and Housing Corp. says “new tools” may be needed to help homeowners get through the coronavirus crisis.
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Business investment a key to Canadian economic recovery
Increasing business investment will be key to help Canada recover from the COVID recession, but provincial performance over the past 30 years shows mixed results, according to a new study released Tuesday by independent public policy think-tank the Fraser Institute.
Read more: https://bit.ly/3hElM8A
Canada’s Oil Sands Production Poised To Grow Despite Pandemic
The coronavirus crisis and the collapse in oil prices will not be the death knell for Canada’s oil sands, as production will still grow through 2030 to reach 3.8 million bpd, just 100,000 bpd lower than pre-crisis output projections, IHS Markit said in its latest analysis on Tuesday.
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Sylvan Lake’s utility billing deferral program coming to an end in August
The Town of Sylvan Lake’s utility deferral program, a response to the ongoing global pandemic, will be ending at the end of August.
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New bill could see rent freeze and eviction ban for some until 2021
The Dáil will debate a bill to extend the rent freeze and eviction ban for certain people until 2021 today.
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Amid COVID-19 spikes, reopening rollbacks, Fed could signal near-zero rates for even longer
With at least 20 states pausing or reversing reopening plans amid coronavirus case spikes, the Federal Reserve this week could signal it’s moving toward an even more market-friendly strategy centered on near-zero short-term interest rates for years, economists say.
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Londoners create spike in demand for Hertfordshire rental properties
The ‘try before you buy’ surge has been credited with driving the Herts rental market, with Savills saying most demand has come from London-based tenants seeking family homes with more indoor and outdoor space.
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Australia’s median rental prices nosedive during COVID-19 restrictions
Australia’s median rent price has been shellshocked by COVID-19, dropping half a per cent in three months and reversing almost two years of straight growth.
Read more: https://bit.ly/2Ele4lu