Greatest Boom Ever

An empty downtown Edmonton parking lot could soon be transformed into nearly 200 rental homes with a new residential development planned for the area.   Read more: https://tinyurl.com/bbyh82a4      

The Canadian dollar on Monday slumped to a new closing low for 2026 of 71.67 cents U.S., with economists at National Bank of Canada singling out gold as “a key factor” behind the loonie’s weakness.       Read more: https://tinyurl.com/4jbyn4h6    

Canada is in an investment crisis, and Canadian workers are bearing the brunt, according to an Economic Note released by the MEI.   Read more: https://tinyurl.com/39jwuer5  

This summer will be your last chance to putt around the Twin Willows Golf Club in northwest Edmonton.       Read more: https://tinyurl.com/3nyfjwec     

It’s a niche market, but one developer feels there’s appetite for in Edmonton.   Read more: https://tinyurl.com/57d4745z  

Raising property taxes through a new levy is one option on the table for city councillors as it considers how to narrow the infrastructure funding gap Calgary faces.       Read more: https://tinyurl.com/59vzh5my     

Royce Mendes, head of macro strategy for Desjardins Group, talks to Financial Post’s Larysa Harapyn about the Bank of Canada‘s upcoming rate decision and how the central bank’s policy is not going to respond to weakness in home prices any time soon.       Read more: https://tinyurl.com/33w6sv8m  

Red Deer City Council approved amendments to the Land Use Bylaw that allow house suites (secondary suites) in duplexes throughout most areas of the city where duplexes are already permitted .       Read more: https://tinyurl.com/fntynab2    

Red Deer Polytechnic plans to build a health care education centre with space for 1,000 students to strengthen the regional workforce, address the growing demand across Alberta’s health system and advance applied research and innovation.       Read more: https://tinyurl.com/yc25hcv3    

At its June 8 regular meeting, Okotoks Town Council adopted the 2027-2030 Strategic Plan, setting a clear direction for the next four years while reinforcing what makes Okotoks feel like home.    Read more: https://tinyurl.com/yrec463j     

Drivers on the west side of the city will see their commute increase by a matter of seconds after a permanent road closure takes effect on Wednesday.         Read more: https://tinyurl.com/bd4ps6x9     

Broadstreet Properties is expanding access to electric vehicle charging in three communities across Alberta, including Lethbridge, through the completion of a new infrastructure project supported by the Electric Vehicle Charging Program.        Read more: https://tinyurl.com/rktatd4h  

Hippos having breakfast in a penthouse, a suited-up fox walking into a bedroom where a capybara in pyjamas reads from a tablet and rhinos drinking coffee in the kitchen.   Read more: https://tinyurl.com/mpp45jtv  

      Nestled within the breathtaking Rocky Mountains, Banff National Park has become more than just a protected wilderness area— it's a powerful economic engine shaping Alberta's real estate landscape. The park's world-renowned beauty has created a unique market dynamic where tourism, conservation, and housing demands intersect, producing distinctive patterns in property values and development across the province.   Premium Pricing Amidst Scarcity   The real estate market in Banff itself is characterized by remarkable property values despite limited inventory. Recent data shows the average house price in Banff reaching approximately $640,000, with some listings exceeding $1.5 million. 1 2 This premium pricing stems from the town's location within a national park, which imposes strict development limitations and creates what analysts describe as "microscopic housing supply." 3 The scarcity of available properties —often with just 15-16 active listings at a...