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Monthly Archives: October 2024

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Surging growth continues in Alberta’s technology sector 

Posted on October 31, 2024 by Joe

In a $750-million boost to Alberta’s tech sector, Canadian data centre firm eStruxture announced Tuesday it would be building a 90MW data centre in Rocky View County. 

Read more: https://tinyurl.com/4u92mxte 

Posted in Alberta

Edmonton draft budget pitches 8.1 per cent tax hike for 2025 

Posted on October 31, 2024 by Joe

Edmonton city staff in a draft budget are suggesting an 8.1 per cent property tax increase next year. 

Read more: https://tinyurl.com/5dej2ys5 

Posted in Edmonton (Alberta)

Larger down payments can save homebuyers tens of thousands of dollars 

Posted on October 31, 2024 by Joe

Buyers using mortgage insurance when purchasing a home are likely to pay tens of thousands more over the life of a 25-year mortgage, a new study has suggested. 

Read more: https://tinyurl.com/ycxreu8b 

Posted in Canada

Edmonton’s falling homes supply will pose a challenge in coming months 

Posted on October 31, 2024 by Joe

The current heat in Edmonton’s resale real estate market could soon prove that there is too much of a good thing as high demand will increasingly wear down supply to critical levels, says a local realtor. 

Read more: https://tinyurl.com/bdjtxyyw 

Posted in Edmonton (Alberta)

Calgary’s red-hot rental market may be cooling 

Posted on October 31, 2024 by Joe

Calgary’s rental market has gone through a major shift in recent years. 

Read more: https://tinyurl.com/2web3x4a 

Posted in Calgary (Alberta)

Multi-family construction is playing catch-up in Okotoks 

Posted on October 31, 2024 by Joe

Multi-family housing starts in Okotoks outpaced single-detached by a wide margin last year, but the town is still playing catch-up when it comes to a more diverse housing stock.  

Read more: https://tinyurl.com/523s44s9   

Posted in Okotoks (Alberta)

Town says improvements to lot in Okotoks bring it up to snuff 

Posted on October 31, 2024 by Joe

Recent work on a Town-owned lot in downtown Okotoks has the area looking a little different. 

Read more: https://tinyurl.com/3tbdpdvx 

Posted in Okotoks (Alberta)

19th Street roadwork almost done 

Posted on October 31, 2024 by Joe

The end of the road is in sight for a major two-year upgrade of 19th Street that includes a new roundabout. 

Read more: https://tinyurl.com/czmrrdyy 

Posted in Red Deer (Alberta)

City’s stunted utility revenue likely to get worse 

Posted on October 31, 2024 by Joe

Medicine Hat’s combined power and gas production units may struggle to stay in the black by 2026, as already hurting revenue could be dragged down further by higher carbon taxes and increasing cost to manage shrinking gas production, division officials told city council on Wednesday. 

Read more: https://tinyurl.com/3f3j9k3e  

Posted in Medicine Hat (Alberta)

Delays ‘cascade’ for solar developers facing new regulations 

Posted on October 31, 2024 by Joe

Another major solar project in southeast Alberta is facing delays, according to new applications to the Alberta Utilities Commission. 

Read more: https://tinyurl.com/8xdbchf4 

Posted in Medicine Hat (Alberta)

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