Greatest Boom Ever

Last week’s seasonally-adjusted Labour Force Survey not only showed declines and increases in the number of jobs, and in which sector they were, but also indicated Alberta was leading the country, among provinces, in population growth.       Read more: https://tinyurl.com/586wrebd     

Investors are spending billions of dollars buying up land in hopes of developing it into data centers or other AI infrastructure. The buildout is impacting communities across the country, sparking confrontations between tech companies, developers, local governments and residents. CNBC traveled to Lancaster County, Pennsylvania and Boise, Idaho to learn more about the real estate bet behind the AI boom.       Read more: https://tinyurl.com/3yc56pa7     

Former Crown Resorts executive chairman John Alexander and his wife, Alice Alexander, have put their contemporary Southern Highlands home back on the market with a price guide of $26 million to $28 million.       Read more: https://tinyurl.com/ynunerrf     

The future of a historic Calgary estate could be at risk if a developer is allowed to proceed with a proposal to turn the space into multi-residential development.       Read more: https://tinyurl.com/5n73abmx  

Progress with a program launched in 2024 to provide further clarity around processes handled at city hall, including business licence and building permit reviews, plus improvements to communication around the development processes, was made public Friday.       Read more: https://tinyurl.com/mt26k5dy     

The typical house in Mosman is worth $715,000 less than it was at the start of the year, with supply exceeding demand, sellers cutting prices to attract buyers and new planning controls weighing on the blue-chip suburb’s property market.     Read more: https://tinyurl.com/y4wfvhb6      

Escalating trade tensions between Ottawa and Washington have exposed what analysts consider a vulnerability in domestic energy security: Eastern Canada’s heavy reliance on American natural gas.       Read more: https://tinyurl.com/mbmkjfhz     

The City of Calgary is facing a quarter-billion-dollar price tag to repair its most cracked and crumbling sidewalks, according to a report from administration, which calls on council to dramatically bolster the capital budget for repairs and maintenance.       Read more: https://tinyurl.com/mpf46ubd    

In response to Premier Danielle Smith’s aspirations for Calgary to become “Nashville North,” industry experts and city officials say the conditions are already in place to grow the city’s music industry.       Read more: https://tinyurl.com/4aebscut     

City staff on Thursday told members of the energy, land and environment committee they will present the final version of a strategy for long-term water security in Q1 of 2027.       Read more: https://tinyurl.com/yttp6d3w  

Shania Twain has turned a dirt-poor childhood surviving on stale bread into a $590m ($US400m) global real estate empire.       Read more: https://tinyurl.com/2s4jps4x     

Average rents have improved over the summer after seeing cost increases in the spring, a new report has found. Zumper.com published its August rental market report finding prices in aggregate for monthly rent fell slightly (0.2 per cent) from June to July for one-bedroom apartments, reaching an average of $1,775.     Read more: https://tinyurl.com/yrx22mh3     

Canada’s housing market continues to trend toward better affordability, a new report has found. National Bank of Canada Capital Markets published its August Housing Affordability Monitor, finding affordability improved in the second quarter (April 1 to June 30) of this year.       Read more: https://tinyurl.com/2wh3xjyx  

Since I refuse to travel to the United States these days, I decided to spend some of my vacation time this summer in the big muggy metropolises of Eastern Canada.           Read more: https://tinyurl.com/6udchxfy