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Monthly Archives: March 2023

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Credit is getting tighter but Canadian banks can weather storm, analysts say

Posted on March 31, 2023 by Joe

Credit is likely to be harder to come by for households and businesses in North America in the wake of the collapse of Silicon Valley Bank, but analysts say Canada’s big banks should be able to hold their own despite a more restrictive lending environment.

Read more: https://bit.ly/3KnVOaL  

Posted in Canada

Rents on rise in Calgary’s secondary market

Posted on March 31, 2023 by Joe

It’s getting pricier to rent in Calgary, a new report has suggested.

Read more: https://bit.ly/40OaRQy

Posted in Calgary (Alberta)

Real estate: from gen Z to boomers, it’s an investment for all ages

Posted on March 31, 2023 by Joe

Calgarians across all demographics remain largely bullish on real estate, despite the challenges of inflation and rising interest rates, a new report suggests.

Read more: https://bit.ly/3ZEsMbu  

Posted in Calgary (Alberta)

New Capstone-Bower Ponds pedestrian bridge could cost $50M, says Red Deer city report

Posted on March 31, 2023 by Joe

Building a new pedestrian bridge between Capstone and Bower Ponds would cost $40 to $50 million and could require the deferral of a future capital project, states a report to Red Deer city council.

Read more: https://bit.ly/3lVsD5p

Posted in Red Deer (Alberta)

Tourism Red Deer has sights set on being top major event destination

Posted on March 31, 2023 by Joe

Big… really big things, perhaps, are on the horizon for tourism and events in Red Deer and central Alberta.

Read more: https://bit.ly/3Knv8H3  

Posted in Red Deer (Alberta), Sylvan Lake (Alberta)

Canada’s economy grew 0.5% in January: Statistics Canada

Posted on March 31, 2023 by Joe

The Canadian economy grew in January, according to the latest data from Statistics Canada.

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

Posted in Canada

City-owned renewables becoming a likelihood

Posted on March 31, 2023 by Joe

City power officials will strongly consider renewable energy production – solar fields or wind turbines – when the municipal power plant next needs expansion, the News has learned.

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

Posted in Medicine Hat (Alberta)

Properties worth millions report zero value in land registry, House committee hears

Posted on March 31, 2023 by Joe

An MP has alleged that thousands of pieces of real estate are being sold for millions of euros but are recorded as having zero value according to the Department of Lands and Surveys (DLS).

Read more: https://bit.ly/40QtwLy  

Posted in Global

Mansion madness: Los Angeles realtors in sell-off frenzy as wealth tax looms

Posted on March 31, 2023 by Joe

As the clock ticks down to the start of Los Angeles’ new “mansion tax”, the city’s real estate market is offering some deadline deals.

Read more: https://bit.ly/3G4uKKY

Posted in United States

Rogers-Shaw deal huge impact on Calgary: economic experts

Posted on March 31, 2023 by Joe

The largest telecommunications deal in Canadian history carries a major change to the communications landscape in Calgary.

Read more: https://bit.ly/3M971NC

Posted in Calgary (Alberta)

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