Tag Archives: supply

How to Prepare for the Coming Gold Crunch

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A number of market analysts and gold-industry insiders are warning about a possible shortage of gold supply. Barrick CEO Jamie Sokalsky recently stated that since gold production is inelastic (i.e., insensitive to price changes) there will be a very limited increase in supply from gold producers, even during sharp increases in the gold price. Rick Rule, a billionaire and avid gold investor, pointed out that while we’re seeing spectacular demand, a number of issues will make supply very tight in the future, especially among retailers.

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Playing the water game is difficult for county

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Water – too much, and not enough – was figuratively on the table.

Reeve Lorne Hickey and County of Lethbridge officials sat down with provincial officials last month, hoping for help with two longstanding issues. They left with no promises, Hickey reports.

County council and administration were hoping for a funding commitment for the Malloy basin drainage scheme. The basin stretches from the eastern edge of the city to the Chin Reservoir, Hickey points out – and it’s created plenty of stormwater stress for Coaldale.

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Deficit as high as $3 billion likely in 2012-13, finance officials say

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EDMONTON – Alberta continues to be on track to run a deficit as high as $3 billion in the 2012-13 fiscal year, provincial finance officials said Wednesday.

Speaking to the second-quarter results, Finance Minister Doug Horner said the budget problems revealed in the first-quarter financial update continued during July, August and September.

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Selling oil to Asia critical: Minister

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EDMONTON — A new report touting American energy self-sufficiency is sounding the alarm for increasing Asian access for Alberta bitumen.

The London-based International Energy Agency said the province’s largest customer, the United States, will be nearly self-sufficient for energy overall by 2035 and a net exporter of natural gas within a decade from now.

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Calgary and Edmonton displace Toronto and Vancouver as top markets in real estate

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CALGARY — Calgary and Edmonton have displaced Toronto and Vancouver as the top-ranked cities for real estate, according to the Emerging Trends in Real Estate 2013 report released Tuesday.

The report, by PwC and the Urban Land Institute, said the Canadian real estate market is expected to remain steady with “modestly good” investment and development prospects across most property sectors for 2013, reflecting expectations of solid supply and demand.

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Land supply for new homes tightening

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Land for development could join water on the Town’s list of critical needs if annexation talks drag on.

After many years of busy construction, the Drake Landing, Cimarron, Air Ranch,Sheep River,Westmount and Westridge communities are entering their final phases. The only new development expected in the next few years will be in the new Mountain View subdivision and around the south end of the Okotoks airport.

Read more: http://tinyurl.com/cv7dcr7