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Canada could be ‘sideswiped’ if global imbalances continue to widen, Bank of Canada's Tiff Macklem warns (Canada)

Widening global imbalances in trade and other economic flows pose a growing risk to financial stability that could “sideswipe” countries such as Canada despite their relatively stable policies, Bank of Canada Governor Tiff Macklem warned Monday.       Read more: https://tinyurl.com/24chwm8c      

Edmonton is the top relocation choice for Canadians leaving these pricey markets (Edmonton)

If you’ve spent some time in downtown Edmonton, there may be one building that has caught your eye thanks to its unique architecture.     Read more: https://tinyurl.com/mwvpckr6  

Council delays Rossdale-specific zone decision for more consultation (Edmonton)

Proposed redevelopment of Rossdale Flats will be discussed after Canada Day following a heated public hearing Tuesday.       Read more: https://tinyurl.com/45a22zr7    

Varcoe: Alberta data centres set to advance as 'all pieces of the broader puzzle' come together after two years of talks (Alberta)

Alberta Technology Minister Nate Glubish made a bold prediction two weeks ago at the Global Energy Show that’s worth remembering.       Read more: https://tinyurl.com/ym7eu34u  

'Made in St. Albert solution': City holds open house on how to tackle infill, housing options (St. Albert)

The city is seeking what they call a "made in St. Albert solution" on expanding housing options in the some of its existing neighbourhoods .    Read more: https://tinyurl.com/5257yxt9  

Coalhurst, Lethbridge County sign shared development services agreement (Lethbridge)

The Town of Coalhurst and Lethbridge County are now part of a regional partnership that will create a shared service model for land use planning and development. Coalhurst Mayor Deb Florence and County Reeve Troy Campbell announced the partnership Monday morning at the Lethbridge County office and signed the Regional Planning and Development Services Partnership.       Read more: https://tinyurl.com/52pnpm83  

Devon, Alberta: A Hidden Gem in the Edmonton Real Estate Market

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      Nestled along the banks of the North Saskatchewan River, just 26 kilometers southwest of Edmonton, the town of Devon offers a compelling blend of small-town charm and big-city accessibility. For homebuyers seeking affordability, natural beauty, and a tight-knit community without sacrificing urban convenience, Devon's real estate market deserves serious consideration.   The Devon Advantage   Devon's location is arguably its strongest selling point. Commuters enjoy easy access to Edmonton via Highway 60, making it feasible to work in the city while retreating to a quieter environment at day's end. The town sits at the edge of the stunning Devonian Botanic Garden and the North Saskatchewan River valley, providing residents with immediate access to hiking trails, fishing spots, and outdoor recreation that would cost a premium in larger urban centers.   Housing Variety and Affordability   The Devon real estate market offers diverse housing options ...

The suburbs where the most homes are failing to sell at auction (Australia)

Outer-suburban auction markets have recorded the weakest results in Sydney and Melbourne as rate increases and a pullback by investors add to the house price slowdown.       Read more: https://tinyurl.com/59xpxdxy  

Opinion: 'Granville Island' development doesn't belong in Rossdale (Edmonton)

It is ironic that on Tuesday, just two days after National Indigenous Peoples Day, there will be a public hearing in which city council will vote on rezoning Rossdale — an important cultural area for Indigenous peoples and a former burial site — for residential and commercial development of up to 15 storeys and which involves the city selling 10-plus acres of river valley land that is currently open space.   Read more: https://tinyurl.com/4h9jbse9  

Canadian inflation rate spikes to 3.2% on surging gas prices (Canada)

Canada’s inflation rate accelerated to 3.2 per cent in May, mainly driven by rising gasoline prices as the closure of the Strait of Hormuz continued to cause supply uncertainty for the third straight month.       Read more: https://tinyurl.com/mt45das6  

Nearly 100-year-old CIBC building for sale, branch moves to Edmonton's Ice District (Edmonton)

Few Edmonton buildings built before the Second World War still stand, and even fewer are being used for their original intent. The iconic stone and brick CIBC central branch on Jasper Avenue was one of them until recently.       Read more: https://tinyurl.com/j5kmtvcw  

Rural mortgage sales keeping a steady pace, Servus adviser says (Alberta)

According to representatives from Servus Credit Union, the state of mortgages in central Alberta is stable, despite the ongoing challenges associated with cost of living.       Read more: https://tinyurl.com/bdcw9zr4