An Off-Site Levy (OSL) is a municipal tool used to help fund new infrastructure by charging developers. Essentially, it’s a system where growth is supposed to pay for growth.
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Monthly Archives: July 2025
Where Australia’s home prices are rising fastest in 2025
Australia’s housing market has seen a shift in buyer activity this year, with both affordable hotspots and high-end suburbs posting strong price growth as interest rate cuts improve borrowing power, according to the latest PropTrack data.
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Construction cost surge threatens RBA path and housing targets
Construction costs rose by 0.5% in the June quarter, according to the latest Cordell Construction Cost Index (CCCI) by Cotality.
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Opinion: Infill development claiming too many Edmonton heritage homes
We are now into the first month of summer but concerns with infill development shared both here in the Journal and elsewhere across Edmonton continue on and are unlikely to dissipate quickly even beyond the upcoming municipal election this October.
Read more: https://tinyurl.com/nhh5ud5s
Despite residents’ creosote concerns, council unanimously supports redevelopment of former CBC property
Citing fears over toxic contaminants and density, residents of West Hillhurst and Westmount urged city council to reject a land-use redesignation Tuesday to develop a high-density housing proposal just off Memorial Drive.
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City adjusts Stephen Avenue construction schedule to avoid disrupting summer business
Construction on the Stephen Avenue Revitalization Project is set to begin July 21, after briefly being put on pause last week.
Read more: https://tinyurl.com/ywwnuxne
Council approves rezoning for two 19-storey towers in Marda Loop
City council approved a land use change for a development that could see two 19-storey residential towers built in the heart of Marda Loop.
Read more: https://tinyurl.com/58ezyu83
Calgary is seeing the second-largest rent price drop in Canada, only after Toronto
We’ve had a pretty nice summer so far, and this month brings even more good news for Calgary renters. According to Zumper’s July Canadian Rent Report, rent prices are dropping in Calgary.
Read more: https://tinyurl.com/4p5jdptu
Redevelopment of Woodcroft townhouse complex to create three times as many homes
Ground was broken Wednesday for a project that will see 200 aging townhomes replaced by 700 new homes, about a third of which will be affordable housing.
Read more: https://tinyurl.com/4e2sjc7x
How Canada’s oil sands transformed into one of North America’s lowest-cost plays
Giant shovels, driverless trucks and a dog-like robot have all helped Canada’s oil sands companies including Imperial Oil and Suncor become some of North America’s lowest-cost oil producers, driving down overheads even as the worst inflation in a generation pushed U.S. shale costs up.
Read more: https://tinyurl.com/88eanfeb