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Monthly Archives: February 2023

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Hut 8 signs recycling deal for its mass amount of e-waste

Posted on February 25, 2023 by Joe

Hut 8 has a new agreement to recycle or reuse 220 tonnes of electronic waste it produces at its facilities in Canada, which includes a major operation in Medicine Hat.

Read more: https://bit.ly/41sMoRE

Posted in Medicine Hat (Alberta)

‘Worried I’ll lose everything’: Rate rises turn new home dreams to nightmares

Posted on February 25, 2023 by Joe

Nasr Khattab was making big plans when he signed a contract to buy a block of land in Melbourne’s outer north last April.

Read more: https://bit.ly/3XYQFcI  

Posted in Global

Where Sydney home sellers are dropping price expectations most

Posted on February 25, 2023 by Joe

Sydney home sellers are discounting properties by their largest sum in years, as reduced buyer spending power forces them to slash their price expectations.

Read more: https://bit.ly/3ko8t3p

Posted in Global

1% tax on high pay a possible precedent for a cyclone levy, says Reserve Bank deputy

Posted on February 25, 2023 by Joe

A levy imposed by the Australian government after Cyclone Yasi hit Queensland in 2011 is one precedent the Government could consider to help pay for the damage from recent floods, Reserve Bank deputy government Christian Hawkesby says.

Read more: https://bit.ly/3IwCzJM

Posted in Global

Why ‘insurance retreat’ will drive our housing market away from flood risk

Posted on February 25, 2023 by Joe

OPINION: Here’s a prediction. ‘Insurance retreat’ will drive our housing market away from flood risk, more than any government led ‘managed retreat’.

Read more: https://bit.ly/3Z0CGV2

Posted in Global

Christmas Island resort owner’s house being sold by receivers

Posted on February 25, 2023 by Joe

Long before Christmas Island was renowned worldwide for its contentious offshore detention centre it was home to the most profitable high-roller casino in the country, luring wealthy gamblers from Asia on private jets and short-stay visas.

Read more: https://bit.ly/3m5Vynj

Posted in Global

Calgary eyes expansion of its office conversion program to include schools, hotels

Posted on February 24, 2023 by Joe

The city is looking to expand its downtown office conversion program beyond just the creation of new apartments, although finding the money for the incentive program could be a hurdle.

Read more: https://bit.ly/3xWcxe4  

Posted in Calgary (Alberta)

Multi-family market looks to build on 2022’s record sales

Posted on February 24, 2023 by Joe

Demand for new condominiums in Calgary is likely at its apex coming off a record year for sales, driven by out-of-province investors and price-conscious buyers amid higher borrowing costs.

Read more: https://bit.ly/3Z2aFfW

Posted in Calgary (Alberta)

Calgary an outlier in national housing trends

Posted on February 24, 2023 by Joe

A new report suggests that Canada’s housing market has started 2023 much like 2022 ended: with a whimper.

Read more: https://bit.ly/3xPG8pD  

Posted in Calgary (Alberta)

Edmonton’s affordable rental market drawing migrants, investors

Posted on February 24, 2023 by Joe

A strong economy and affordable rents are driving activity in Edmonton’s new rental market, a new report has found.

Read more: https://bit.ly/3Kvgo9I

Posted in Edmonton (Alberta)

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