Blockbuster oilpatch takeovers, OPEC production cuts and expectations of strong commodity prices are setting the stage for a busy 2024 for the Canadian oil and natural gas sector, even as recessionary concerns grow.
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Canadian banks are seeing a rapid uptake in tax-free first home savings accounts, according to Chrystia Freeland.
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Calgary renters are calling for more affordable housing options as part of a nationwide movement against corporate landlords.
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Weakening global economic growth could keep oil prices below $90 per barrel this year and next, barring a major escalation in the Hamas-Israel war that could spill over the Middle East and threaten supply, which could send oil to above $100 and testing $115 a barrel, analysts said in the monthly Reuters poll.
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The Canadian economy remained flat in August and a preliminary estimate from Statistics Canada suggests it shrank in the third quarter.
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The social and economic landscape in southeast Alberta is getting a new survey after five years, as local groups look to improve the outlook in the region.
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A new report, by the Financial Resilience Institute, indicates that only 24% of Canadians are financially resilient. 76% have financial vulnerability and financial stress levels remain high across the country.
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IN THE ONGOING debate around the housing crisis, one argument that repeatedly crops up is the claim that small landlords are leaving the private rental sector in significant numbers.
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The value of building permits issued in Grande Prairie in September saw a significant bump compared to the same month in 2022.
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Expect growth in the rental market to keep slowing for the rest of the year after increasing just 0.3% nationally in the third quarter. Effective rents were up only 0.1%. The gap between asking and effective rents has widened, showing that some landlords are offering more free rent to entice new tenants.
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