Posts

House supply tipped to increase as WA market slows (Australia)

Perth’s galloping property prices are being brought to heel after almost four years of constant gains, with new data revealing modest growth in median house prices for the June quarter.       Read more: https://tinyurl.com/324uep2k     

Bank of Canada would cut rates if not for Iran war, says Benjamin Tal (Canada)

Benjamin Tal, managing director and deputy chief economist at CIBC Capital Markets Inc., talks with Financial Post’s Larysa Harapyn about how the Bank of Canada would cut rates if not for the war in the Middle East. “The Bank of Canada is very comfortable not touching interest rates anytime soon. The only thing that will change that view is a major escalation with the situation in Iran,” he said.       Read more: https://tinyurl.com/zft4p8d2  

'Running to failure': Multibillion-dollar funding gap leaves city infrastructure at risk (Calgary)

The Alberta Roadbuilders and Heavy Construction Association (ARHCA) ran a clever — and somewhat cheeky — ad campaign during Stampede, aimed at urging the provincial government to invest more in road maintenance.       Read more: https://tinyurl.com/yxyhpdu2     

'Treated as a crisis': Business leaders call on council to deal with Downtown construction, mayor says work has started (Edmonton)

Edmonton Mayor Andrew Knack is saying more should be done to support Downtown businesses during construction in response to recent concerns around restaurants closing in the core.       Read more: https://tinyurl.com/y6w92usd     

Manitoba Premier Kinew ‘willing to entertain’ Alberta to Ontario pipeline (Alberta)

Manitoba Premier Wab Kinew says he’s open to a west-east pipeline being pitched by his counterparts in Alberta and Ontario.       Read more: https://tinyurl.com/6v8prf9k  

TC Energy places two projects into service (Peace River)

One of two new TC Energy projects announced could have a big impact here in the Peace Region.       Read more: https://tinyurl.com/3h9cvvv4  

CMHC predicting housing market slowdown (Canada)

Slow economic growth is expected to slow housing starts and lower housing prices across Canada, says Canada Mortgage and Housing Corporation (CMHC) in its latest update.       Read more: https://tinyurl.com/mn7zppjb     

How Adriano put up a small home in a day - and made it fire-resistant (Australia)

The morning after a ferocious bushfire tore through a NSW South Coast community, architect Adriano Pupilli returned to find out what was left of his holiday cottage and the innovative prefab flatpack bush cabin he’d invented, designed and built himself.       Read more: https://tinyurl.com/58dwdzjk     

‘Downtown has been abandoned’: Another Edmonton business cites construction woes as reason for closing (Edmonton)

Another downtown Edmonton business is closing its doors for good.       Read more: https://tinyurl.com/mrkd4ccr  

New Ivor Strong Bridge to open July 27 as work to revamp original begins (Calgary)

Calgarians will soon be able to drive on the new Ivor Strong Bridge when travelling on Deerfoot Trail in the city’s southeast.         Read more: https://tinyurl.com/mpupvvff        

Alberta CEOs plan to invest, hire despite uncertainty: Business Council of Alberta (Alberta)

Alberta business leaders are optimistic about the province’s economic outlook, with nearly two-thirds expecting economic conditions to improve over the next year and many planning to increase investment, hiring and revenue growth, according to the inaugural Business Council of Alberta (BCA) CEO Pulse Survey.     Read more: https://tinyurl.com/yxhchy7u     

Atkinson Construction breaks ground on $7 million headquarters in St. Albert (St. Albert)

After years of growing its presence in St. Albert, Atkinson Construction has officially broken ground on a new headquarters that will serve as the company’s long-term home in the community.       Read more: https://tinyurl.com/ysk7m2bx         

Residents concerned as erosion closes road near St. Albert (St. Albert)

Residents along the border of northwest Edmonton and St. Albert say erosion along 137 Avenue — which has completely eroded the roadway over Horseshoe Creek — has limited access for emergency vehicles to their neighbourhoods .       Read more: https://tinyurl.com/mtxtha3z  

New medical clinic welcomes lead doctor in downtown Red Deer (Red Deer)

Another medical clinic is now open to new patients in downtown Red Deer.       Read more: https://tinyurl.com/3zb74cw8