Alberta Finance Minister Nate Horner says the government may have to lower how much it expects to take in from oil this year, but the overall budget outlook remains optimistic.
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Monthly Archives: June 2023
Homebuilding costs have surged 51% since the pandemic began
The cost of homebuilding in Canada has soared since the start of the COVID-19 pandemic, a new RBC report shows, just as the country is attempting to aggressively scale up housing supply amid a growing population.
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Construction closes Hill Road access to Southeast Hill for summer
The continuation of construction on Hill Road will close the access route the Southeast Hill until the start of the school year next fall.
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Power billing decision looms for most City of Medicine Hat customers
A deal on power prices for Medicine Hatters is set to expire Saturday, but most city customers will have a bit more time to decide what to do with their bill.
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Airbnb hosts the latest target of alleged fraudsters seeking to steal identities, get mortgages
Imagine temporarily renting out your home on a short-term rental platform like Airbnb.
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Modern living: Rent versus buy now seen in a new light
Ottawa’s rental market is at a challenging moment. It used to be that renting was seen as a stepping stone to homeownership, not the end goal. But in today’s atmosphere of rising interest rates, rising prices that put buying a home out of reach for many, and rising demand that exceeds supply, attitudes toward renting are shifting, particularly among mobile millennials in search of a more flexible lifestyle.
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Soccer dome facility option tossed by Strathcona County Council
Local soccer players and families will have to wait a bit longer for more local field space after elected officials turfed a ‘Band-Aid’ solution.
Read more: https://tinyurl.com/2s3pdr6j
U.S. Federal Reserve chair says two or more hikes likely needed to cool inflation
U.S. Federal Reserve Chair Jerome Powell said at least two interest-rate increases are likely necessary this year to bring the inflation rate down to the U.S. central bank’s 2 per cent target and that acting at consecutive policy meetings isn’t “off the table.”
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Foreign Investment In Real Estate Is Getting More Complicated
On May 5, the U.S. Department of the Treasury issued a notice of proposed rulemaking to add eight military installations to the list of sites around which the Committee on Foreign Investment in the U.S. has jurisdiction to review real estate transactions.
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Empire Company Ltd. cuts ribbon on new Voila fulfillment centre in Balzac
Empire Company Ltd. officially cut the ribbon on their new fulfillment centre in Rocky View County on June 27, while also promoting its new online grocery home delivery service called Voila.
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