Posts

Why a small UK lender has major U.S. credit firms on edge (United States)

The collapse of Market Financial Solutions continues to reverberate across the broader financial services sector, echoing the implosion of U.S. auto parts supplier First Brands last year. It comes amid deepening fears that stress in niche credit markets could spill over to the broader banking system.       Read more: https://tinyurl.com/3pddjdre  

Gold Coast crowned Aus profit capital as homeowners rake in $5.3bn (Australia)

Gold Coast homeowners are sitting on a multi-billion-dollar property goldmine, outperforming every other region to be crowned Australia’s capital for real estate resale profits.       Read more: https://tinyurl.com/4m6f75s5  

These three Alberta cities are seeing the biggest drop in house sales (Alberta)

The real estate market in many spots in Alberta seems to be cooling down, and some cities are seeing a big drop in their overall house sales year-over-year.       Read more: https://tinyurl.com/h9wmnxx9  

Alberta’s Smith optimistic about aerospace industry potential as De Havilland breaks ground on hub near Strathmore (Alberta)

Pipelines weren’t the only economic development opportunity on Danielle Smith’s mind Saturday on her radio program Your Province, Your Premier.         Read more: https://tinyurl.com/49n783f9  

Economists expect inflation topped 3% in April as gas prices soared (Canada)

OTTAWA — Economists expect the annual pace of inflation topped three per cent for the first time since 2023 in April as Statistics Canada’s consumer price index reflects the full weight of the Iran war energy shock.       Read more: https://tinyurl.com/3fp3z5p6  

Council approves nearly $2 million for Fire Hall 4 servicing (St. Albert)

St. Albert Council approved nearly $2 million in funding for servicing Fire Hall No. 4, which is expected to begin construction later this year.        Read more: https://tinyurl.com/3xzkf8pe  

Sydney suburbs where houses cost less than $1.3 million now (Australia)

Individuals earning the average wage can no longer afford to buy a typical house anywhere in Sydney, modelling shows, while options for dual-income households centre mostly on the west and Central Coast.       Read more: https://tinyurl.com/ye235srz  

8 Calgary neighbourhoods that are perfect to explore this summer (Calgary)

Sometimes being a tourist in your own city can be fun, and with over 200 neighbourhoods in Calgary, there are tons of amazing spots to explore.      Read more: https://tinyurl.com/y326phzb     

Council to consider adding $4.7 million in projects to growth plan for next decade (St. Albert)

St. Albert City Council is set to consider adding an estimated $4.7 million to the city's 10-year growth plan.        Read more: https://tinyurl.com/2e47edv9  

Gen Z, Millennials view property as key to financial success (Australia)

They could be forgiven for being pretty pessimistic , but for the majority of young Australians, the Great Australian Dream of home ownership is still very much alive.       Read more: https://tinyurl.com/4645a6vw  

Canada Clears Path for West Coast Oil Pipeline Build (Canada)

The Canadian government and Alberta have reached a carbon pricing deal that could finally move a long-discussed West Coast oil pipeline from perpetual Canadian debate into actual construction, with a start date now penciled in as early as September 2027.       Read more: https://tinyurl.com/2k9rndwy  

Century-old building in Olde Towne Okotoks to be demolished (Okotoks)

The century-old Ardiel Residence on McRae Street in Olde Towne Okotoks is set to be demolished following a request from the property owner.       Read more: https://tinyurl.com/yx82a58t  

Redcliff, County mayors reiterate need for regional collaboration (Medicine Hat)

The leaders of Medicine Hat’s closest neighbours emphasized Thursday at an event promoting regional partnership the importance of collaboration.       Read more: https://tinyurl.com/9h92rt2v     

The type of property that has tax benefits, but lacks price growth (Australia)

Many off-the-plan apartments have not made significant gains on resale, experts said, as the property type comes into focus after this week’s budget.       Read more: https://tinyurl.com/6hbx5ce3