Posts

Building inspector’s horror find in roof of new home (Australia)

  A building inspector has lifted the lid on a shocking discovery in a brand-new Aussie home – urging homeowners to demand inspections while  tradies  are still at work.         Read more:  https://tinyurl.com/2n7dj9xk      

Alberta’s Smith says ‘significant’ deficits to come, rules out tax hikes and big cuts (Alberta)

Alberta Premier Danielle Smith says “significant” deficits are in store for her province as it tries to grapple with low oil prices.         Read more:  https://tinyurl.com/zd6x3z2w         

India’s Coal Use Could Double by 2050 (India)

  India’s coal demand could more than double by 2050 from current levels under current policies, a new report by NITI Aayog, the policy think tank of the Indian government, showed on Tuesday.       Read more:  https://tinyurl.com/34xnerdr     

Opinion: Passenger rail will be vital for Alberta's growth (Alberta)

  As Alberta’s Passenger Rail Master Plan nears completion, the province stands at an inflection point. With rapid population growth and mounting pressure on our highways, Alberta has a rare opportunity to reshape how people move — one that would expand transportation choice, support economic growth, and improve quality of life for communities across the province.           Read more:  https://tinyurl.com/29fc8839  

Amid economic war, Calgary companies hit record low trade with U.S. (Calgary)

America’s trade showdown with Canada has Calgary companies taking their business beyond the U.S. like never before, says the city’s economic development agency.       Read more:  https://tinyurl.com/3tfec6dm    

Why some Canadians are betting big on 3D printed housing in Canada (Canada)

  Linda Reisman has made a big bet on the future of 3D printing homes in Canada.       Read more:  https://tinyurl.com/texhd9pa  

Cochrane mayor adjusts growth focus, puts greater emphasis on economic development (Cochrane)

  Mayor Morgan Nagel says he is adjusting how he wants Cochrane's growth  managed ,  maintaining  a focus on slowing residential development while placing new emphasis on economic development and business growth.       Read more:  https://tinyurl.com/mt4b8pbb  

Town of Okotoks launching program to help tech startups (Okotoks)

  The Town of Okotoks is launching a program aimed at developing tech-based startups in the community.       Read more:  https://tinyurl.com/n8zfxjdr     

Company proposes 1,600 acre solar farm near Villeneuve (St. Albert)

A St. Albert man says his company hopes to build a 1,600 acre solar farm near Villeneuve in the next three years.       Read more:  https://tinyurl.com/bdejrhky     

Peace Country communities named housing growth leaders in Alberta (Grande Prairie)

A trio of communities in the Peace Country are leading the province in housing growth, not including metro regions, according to the Mayor of Grande Prairie.       Read more:  https://tinyurl.com/bdd4y3dj         

Aussie suburbs where units cost same as 2016 revealed (Australia)

  It would seem like fantasy – but in a world of soaring inflation, where a coffee that once cost $3 now costs $7, it is actually still possible to land homes in parts of Australia for the same price as in 2016.       Read more:  https://tinyurl.com/mw8xw5m5  

The Wealth List: Why Real Estate is the Ultimate Status Symbol for the Truly Rich

Image
Forget designer watches and luxury cars. If you want to understand who really has power and influence in the modern economy, look at their real estate portfolio. The chart you’re seeing isn’t just a list of net worth brackets—it’s a roadmap to the upper echelons of wealth, and real estate is the dominant asset class for everyone above the “Comfortable” tier. Let’s break it down. The chart defines “Poor” as having under $500K in net worth. That’s the baseline. “Middle Class” is $500K to $2M. At this level, real estate is likely a primary asset—the family home, maybe a vacation property or a small rental. It’s a tool for building equity, not a tool for generating massive passive income or signaling status. But once you cross into the “Upper Middle” bracket ( 2 M – 2 M – 4M), real estate starts to shift. It’s no longer just a home—it’s an investment. People in this tier own multiple properties, perhaps a second home, maybe a small commercial building or a portfolio of rentals. They unders...