Greatest Boom Ever

A new grant is offering to help thousands of Albertans pay for satellite internet.       Read more: https://tinyurl.com/hwjuz49p  

Mike Kerr, a Red Seal electrician in Calgary, says he left a job wiring homes a few years ago to take on a more lucrative role in the energy sector. His former employer and friends have been calling him ever since, asking him to come back.       Read more: https://tinyurl.com/255kamhe    

The federal foreign homebuyers ban is scheduled to expire on Jan 1, 2027, which has real estate experts questioning whether home prices could be at risk of rising sharply if there is pent up demand from non-residents after being closed off for several years.   Read more: https://tinyurl.com/vuaf85a5    

Sturgeon County council held a special meeting Tuesday, Oct. 6, to address growing traffic safety concerns in the Industrial Heartland as construction continues on Meta’s $13-billion data centre along Range Road 223.           Read more: https://tinyurl.com/jy5ezz5d    

BANGKOK — The International Monetary Fund on Tuesday slightly upgraded its outlook for the world economy for this year, while warning of growing risks from rising debt, including the financial frenzy around artificial intelligence.       Read more: https://tinyurl.com/4yvrfsnw     

The Southeast Alberta Chamber of Commerce says it supports development of a Trade Explorer interactive tool programmed to identify international markets with the strongest potential for Canadian products.       Read more: https://tinyurl.com/2ujs7f3a     

First home buyers are continuing to flee from the property market as mortgage demand falls for the third straight month.       Read more: https://tinyurl.com/4jn4cn76     

    Canadian real estate investors have historically focused on Toronto and Vancouver, chasing appreciation in markets where cash flow is negative and entry prices exceed a million dollars. Meanwhile, a more compelling opportunity has emerged in plain sight. Alberta—specifically Calgary and Edmonton—offers a rare combination of affordability, yield, and growth that serious investors cannot ignore.   The Cash Flow Advantage   The most immediate case for Alberta is mathematical. A typical Calgary rental property generates positive cash flow from day one—something Toronto and Vancouver investors haven't seen in years. With average two-bedroom rents exceeding $1,800 and purchase prices half of Toronto's, cap rates of 4–6% are achievable. In Vancouver, investors often accept negative monthly cash flow betting solely on appreciation. Alberta offers income now plus upside later—a fundamentally superior risk-adjusted return.   Affordability Creates Accessibility ...

Gold is struggling to regain its footing after retreating from September highs above $4,400 an ounce, as a stronger U.S. dollar, surging Treasury yields and expectations of further Federal Reserve tightening weigh on the precious metal.       Read more: https://tinyurl.com/s2vdfzd7