Alberta’s oil and gas industry has had a very, very rough
year. With a major pipeline infrastructure deficit and major delays and
setbacks for all new pipeline projects, with no end in sight in the near
future, Canada’s once-prosperous oil sands are hurting. Canada has the reserves
and they have the demand–they just have no way to get their oil to market,
with their limited amount of pipelines already running at full capacity and
storage tanks filled to bursting.
Read more: https://bit.ly/2XRk5LI
The BC Real Estate Association is reporting that Victoria is
the third most expensive real estate market in BC.
Read more: https://bit.ly/2XhFwZl
When Juliane Lorenz and her husband started renting a
bungalow in Etobicoke, just west of Toronto, after their first child was born,
she did not think much of it. Renting is the norm in her native Germany, where
the homeownership rate is less than 50 per cent.
Read more: https://bit.ly/2WKNG81
Investors from Singapore to Toronto are wondering why North
America’s vaunted urban sprawl ebbed before the billions they pumped into a
giant “land banking” firm could pay off.
Read more: https://bit.ly/2X85ONF
The Canadian Association of Petroleum Producers says capital
spending in the oil sands is set to decline for a fifth consecutive year this
year as Canada’s oil sector continues to miss a significant opportunity to
benefit from the global commodity price and finally receive fair market value
for Canadian resources.
Read more: https://bit.ly/2Ri0wJV
Delinquency rates in Canada continued to march higher in the
first three months of 2019 as consumers piled on more debt, according to a new
report from Equifax Canada.
Read more: https://bit.ly/2Zj7tx3
If the world were to have another Great Plague of the kind
that swept Europe in the 1300s, odds are your wages would rise sharply.
Read more: https://bit.ly/2MBwQZz
Canada Mortgage and Housing Corp. says the pace of housing
starts slowed in May.
Read more: https://bit.ly/2QZfNiC
Insurance providers are warning anyone operating a
short-term rental or thinking of getting in the business, to check their
Read more: https://bit.ly/2Wrcwd2
There appears to be a common ‘train of thought’ among
Canadian home buyers, says a report from Mustel Group and Sotheby’s
International Realty Canada.
Read more: https://bit.ly/2ZhXSqC