Thanks to population growth and construction, the city recorded a $1.5-million surplus last year. And most of the city-owned utilities turned a profit as well.
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Tag Archives: 2013
Condos a seller in December, and past year
Average sales for single-family homes in St. Albert dropped by 19.4 per cent in December, compared to the same month in 2012, the Realtors Association of Edmonton reported in their monthly housing bulletin.
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Business confidence slips
Christmas cheer may have been lacking at some Alberta businesses during December, based on the latest survey conducted by the Canadian Federation of Independent Business.
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‘Great year’ for builders
A strong economy and a continuing wave of people moving to Calgary are the foundations of a strong housing market, says the president of the Canadian Home Builders’ Association-Calgary Region as he looks back on 2013.
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Here Are 4 Things We Learned About Investing In 2013
In 2013, interest rates rose, bonds fell, equities soared, and US income-tax rates climbed higher. Before starting to place bets for 2014, investors would be wise to think about some important lessons from 2013.
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2013 Best Communities for Business in Alberta
Below you’ll find the complete, alphabetically ordered list of respondents to our 2013 Best Communities survey. Click on a name for a community’s in-depth profile.
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IMF scales back world growth forecasts for 2013-14
WASHINGTON (AP) — The International Monetary Fund forecast slower global growth for 2013 and 2014, citing expectations of a more protracted recession in Europe and a slowdown in key developing countries such as China and Brazil.
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GOLD PRICE FORECAST 2013
Gold and Silver bugs have had an abysmally poor 2012 against expectations for new all time highs, where a 1 year bear market from the August 2011 high into the May 2012 low failed to spark a sustained run to new all time highs. The rally from which petered out by early October at $1800, followed by another trend back to leave Gold at $1657 as per the last close, this despite reams and reams of material plastered all over the internet that hoped for an eventual return to a gold standard or “Sound Money” as being the ultimate outcome of our ongoing global debt and money printing crisis.
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Big ticket projects dominate “aggressive” capital plan
Devon’s 2013 capital budget was reviewed as part of the budget deliberations over the Nov. 23-24 weekend. Described as an “aggressive” budget, 2013 capital expenditures are scheduled to top out at $5,330,481, to be funded by a combination of cost-sharing, grants, town reserves and $1,093,500 in borrowing.
The capital budget was split into two distinct categories: new infrastructure, which looked at the development and expansion of several facilities and potential facilities, and repairs, maintenance and replacement.
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Tax rate to increase 2.4 per cent; utility fees going up
Sylvan Lake councillors proposed a 2.4 per cent property tax rate increase for the 2013 budget, following more than 12 hours of discussion spread over Oct. 30 and 31, and Nov. 3.
Many owners will see a 1.3 per cent increase in their taxes because property values have declined since 2012, said Darren Moore, Sylvan Lake’s director of finance.
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