OTTAWA (Reuters) – Canada’s job market rebounded from January’s losses to add 50,700 net new positions in February, with most of the gains in the services industries while manufacturers saw hefty layoffs for the second straight month.
The Statistics Canada data released on Friday showed the jobless rate stayed the same at 7.0 percent as more people participated in the labor market.
Read more: http://tinyurl.com/a44h6wu
CALGARY — The job market for engineers is strongest in Western Canada with Alberta in particular experiencing a strong demand, according a new report, Engineering Labour Market in Canada: Projections to 2020.
Read more: http://tinyurl.com/a9u8wvf
Process aims to secure vital economic growth corridor, ensure strong core for sustainable regional prosperity
Edmonton City Council directed Administration to begin a process to extend the City’s southern boundary to facilitate responsible growth in the region.
Read more: http://tinyurl.com/atxw8k4
Nearly every important set of government and private-sector figures show a housing market on the rebound. The recovery picked up steam in recent months with home sales jumping in January and December.
Read more: http://tinyurl.com/ax93pj5
The chair of St. Albert Public Schools is worried that population growth and residential development in the city will cause a shortage of schools.
Joan Trettler voiced her concerns at a question and answer period during Tuesday’s Economic Development Business Breakfast.
She later told the Gazette that city planning needs to consider all elements of growth.
Read more: http://tinyurl.com/ajeeofr
Time and time again, the housing recovery has been deemed a reflector of overall U.S. economic health. And right now, both seem to be showing fairly modest growth.
In the week ending Feb. 23, seasonally adjusted initial jobless claims dropped to 344,000. This is 22,000 fewer than the previous week’s revised total of 366,000 filings, according to the United States Department of Labor.
Read more: http://tinyurl.com/dxnb6eo
CALGARY — The city’s booming population growth is filling more than the suburbs: Calgary’s sewage lagoons are also close to overflowing.
The city pumps its biosolids from wastewater treatment facilities into the southeast Shepard sludge lagoons. Even through the city has a sophisticated system for turning sludge into fertilizer for farmer’s fields, the treatment program cannot keep up with the increasing volume of biosolids, the utilities committee heard Wednesday.
Read more: http://tinyurl.com/brra826
CALGARY — Small business confidence in Alberta remained strong in February as owners in the province had the most positive outlook in the country, according to the Canadian Federation of Independent Business.
In its latest Business Barometer survey, released Thursday, the CFIB said Alberta entrepreneurs are the most confident in Canada about the economy and their future success.
Read more: http://tinyurl.com/cuvvk4r
Complex growth issues, major transportation routes and access to large labour pools to fish from to support local businesses are all things Airdrie and Rocky View County (RVC) have in common.
That was the message Rolly Ashdown, reeve of RVC, brought to the podium when he gave his first-ever State of the County address at the Woodside Golf Course in Airdrie last Wednesday.
Read more: http://tinyurl.com/cxewqgn
Two main approaches to investing in real estate (or stocks) are commonly used worldwide when making a purchase. Both have their strengths and weaknesses and i wish to give a brief overview as to their approaches.
1) Value investing is essentially the bargain hunter approach to purchases. One asks why they would pay $100,000 for a property when they can a very similar one for $90,000. The motto here is to make the most amount of money on the day you buy a property. It is comparable to going to Walmart to do groceries rather than Safeway because they have lower prices.
2) Growth investing is someone who is willing to pay say $110,000 for a $100,000 property because they believe the property will be worth more in the future than today. This is all based on a through understanding of the economics of the area. I have used this method in Calgary and seen other investors lose out on a deal because they would not pay $500 above list prices.
At different times, one can switch between these two methods depending on market conditions but over time, they will build you a strong foundation for success.