A Premier without a seat? If Jim Prentice wins, what’s next?

If Jim Prentice, the putative front-runner, does win the Progressive Conservative leadership next month, will he automatically become premier? Or does he have to wait until he wins a seat and can lead his party in the Legislative Assembly?

Read more: http://tinyurl.com/n3xhfd3

KANETIX Examines Edmonton Housing Trends

Edmonton has avoided an economic meltdown while other provinces were trying to stay afloat. Edmonton has survived the storm because of its largely diverse economy says KANETIX. Real estate investors and Albertans are trying to keep a close eye on the housing market to decide when the best time to take advantage of housing prices is. Although Albertans are trying to predict housing market trends, it is proving to be a difficult task, more so than other Canadian cities.

Read more: http://tinyurl.com/o2pn3dm

Calgary spending fueled by high income levels

Data from the Conference Board of Canada  shows exactly why Calgary and Alberta have tremendous levels of spending compared with the rest of the country.

Whether it’s luxury home sales, luxury cars or luxury retail, people in these parts have in recent years shown a propensity to spend their hard-earned dollars.

Read more: http://tinyurl.com/as8bjcj

 

Edmonton arena deal causes worry over lack of plan for Calgary

Edmonton’s pact for a new NHL arena has a Calgary alderman and an iconic sports booster voicing frustration over the lack of any plan for a similar facility in the city.

But another alderman, Gord Lowe, said he and most of city council have no interest in diverting scarce capital dollars into a rink that would rival Edmonton’s planned $480 million arena that’s being funded by $140 million of that city’s money.

Read more: http://tinyurl.com/asueku7