A tenant has been awarded more than $38,000 after living in a century-old rental that was infested with rats, mice and possums.
Read more: https://bit.ly/3xhG7cF
Author Archives: Joe
Inter Pipeline inks deals on 60% of output from new Alberta petrochemical plant
CALGARY — Canada’s Inter Pipeline Ltd., which is fighting a hostile takeover bid from Brookfield Infrastructure Partners, on Thursday said it has signed contracts with buyers for 60 per cent of production from its Alberta petrochemical plant.
Read more: https://bit.ly/3tHI7c4
Bank of Canada backs tighter mortgage stress test amid hot housing market
The Bank of Canada is acknowledging that limited housing stock is spurring strong price growth across the country, but expects recent policy initiatives to help rebalance the market, according to its latest monetary policy report.
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First-timer buyers jump-start Edmonton’s real estate market
Ask Brandyn Baranitsky and Samantha Hinz why they’re hunting for a first home in the midst of the pandemic, and they can’t offer an answer.
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Posthaste: Canadians should brace for higher mortgage rates sooner than expected
The Bank of Canada took a step towards easing pandemic stimulus yesterday — the biggest yet by a major economy — with a hawkishness that surprised many observers.
Read more: https://bit.ly/2QigCaC
Edmonton among best places in Canada to live during the pandemic: MacLean’s
EDMONTON — Alberta’s capital city has risen from the middle of MacLean’s Best Communities ranking to the No. 5 spot, partly because of how Edmontonians have been able to live during COVID-19.
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Vacation property market heating up in central Alberta
With travel plans on pause and campgrounds booking quickly, more central Albertans are buying vacation properties closer to home.
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Tenants displaced after fire guts unit at Flats four-plex
An overnight fire on Bridge Street has put all tenants of a four-plex in hotels but wound up only gutting one unit.
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Institutional investors hail decision to repeal Berlin rent cap
The decision by the German constitutional court to overturn the controversial residential rent cap introduced last year by the city of Berlin creates legal clarity and could lead to an uptick in investment activity, according to institutional residential investors.
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Existing home sales suffer second straight monthly decline as tight supply pushes prices higher
Closed sales of existing homes fell 3.7% in March to a seasonally adjusted annualized rate of 6.01 million units, according to the National Association of Realtors.
Read more: https://cnb.cx/3egLn7u