Posts

Aussies flock to Lombok as soaring living costs bite at home (Australia)

As cost of living pressures continue to bite and property remains out of reach for many Australians, there’s an increasing number of people looking for cheaper homes and lifestyle alternatives overseas.       Read more: https://tinyurl.com/7kptfu4m     

Graphic of the week: Cost of buying a home remains hurdle for many (Calgary)

The cost of buying a home in Calgary has improved slightly in recent months.         Read more: https://tinyurl.com/tece3ufc    

Why are Canadian home prices rising faster than most of the developed world? CMHC points to 1 big gap. Here’s what it means for buyers (Canada)

Canadian home prices rose 101% after inflation between 2005 and 2025, the largest increase among Canada and 18 peer countries in a comparison by the Canada Mortgage and Housing Corporation (CMHC). Australia’s real house prices rose 79% over the same period, while the United States recorded a 30% increase.       Read more: https://tinyurl.com/3a9v37kw     

Ottawa raking in billions more than expected thanks to inflation and natural resource revenue (Canada)

The federal government may be on track to take in almost $20-billion more in taxes and other revenue this year than had been expected less than six months ago, National Post has learned, potentially handing Prime Minister Mark Carney much more room in his second budget to cut taxes, trim Canada’s massive deficit or spend.       Read more: https://tinyurl.com/3seu6nw5     

Higher water rates loom for Calgarians; chamber exec calls fee hikes 'egregious' for businesses (Calgary)

Calgarians are staring down significant water rate hikes in the next four years after city council endorsed the fee increases Tuesday.       Read more: https://tinyurl.com/3cfnek7m     

Medalta shares 2025 report, future plans (Medicine Hat)

Last year Medalta in the Historic Clay District welcomed more than 10,000 visitors and more than 2,000 students for educational programming according to its 2025 annual report presented in front of a city committee Monday.       Read more: https://tinyurl.com/6w7fxsnw     

Altona North site listed for $40m as plan earmarks 395 new homes (Australia)

A large site in Melbourne west’s formerly owned by Toyota has hit the market with a chance a $40m sale could see it turn into a new housing hot spot.   Read more: https://tinyurl.com/yc8kzzmn     

Alberta's 2027 Property Tax Bill: What Homeowners Need to Know

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By Venice — October 20, 2026 Alberta homeowners should brace for sticker shock in 2027. The provincial education levy is climbing again, and at least one major city is floating a tax increase that would be the largest in years. Calgary is the headline. City council released preliminary budget documents showing a proposed 15 per cent municipal property tax increase for 2027 on a median-assessed home of $706,000. Combined with utility fee changes, a typical homeowner would pay roughly $52 more per month — rising to $56 the following year. If council funded every department request, the increase would hit 20.2 per cent . Across the full 2027–2030 cycle, the compounding figure lands near 42.5 per cent . Administration framed the trade-offs bluntly: below 4 per cent means worse service; about 4.2 per cent holds the line but defers critical infrastructure, transit, and emergency response spending. Council begins deliberations in November, and the final number typically lands well below th...

Why investors are gushing over Canada’s oilpatch (Canada)

Canada’s oilpatch has a new problem: too much money. Producers are generating more cash than they know what to do with, and investors are lining up to get a piece of it.   Read more: https://tinyurl.com/3hnzbvay     

Varcoe: Change in B.C. government offers 'clear momentum for the oil and gas industry' (Canada)

Double gas production in six years. Triple it by 2035.       Read more: https://tinyurl.com/m7vwfw4k     

IEA’s Birol: Energy Prices Won’t Return to Pre-War Levels in 2027 (Global)

The Middle East conflict has tightened energy markets so much that crude oil, fuel, and natural gas prices are unlikely to return to pre-war levels in 2027, Fatih Birol, executive director of the International Energy Agency (IEA), said on Monday.       Read more: https://tinyurl.com/mw7kw97e  

Geelong home building approvals surge 34pc towards 2022 levels (Australia)

Home building approvals in Geelong are close to levels not seen since the HomeBuilder construction boom during the Covid pandemic.       Read more: https://tinyurl.com/58tfww28     

Edmonton residents raise concerns about large AI data centre in community (Edmonton)

Officials at the municipal and provincial levels are eyeing better guidelines for proposed data centres as some residents express concern for a large-scale project at the nearby Edmonton Energy and Technology Park.       Read more: https://tinyurl.com/2u23yv9k  

Highway 3 twinning between Taber and Burdett almost complete (Alberta)

Work on the Highway 3 twinning between Taber and Burdett is almost complete.           Read more: https://tinyurl.com/upc5j49s