Greatest Boom Ever

Money was on the minds of Calgary city council’s audit committee members Thursday, as they learned the city earned higher-than-budgeted revenue last year.       Read more:  https://tinyurl.com/45f9cxuc  

  A proposal to bring more than 1,000 new homes to vacant land in a southwest Calgary community will require significant engagement with nearby residents, the area councillor said Thursday.       Read more:  https://tinyurl.com/2jx75jbm      

The war in the Middle East and the closure of the Strait of Hormuz have created the largest energy security threat the world has ever faced, Fatih Birol, the executive director of the International Energy Agency (IEA), told CNBC on Thursday.     Read more:  https://tinyurl.com/56mxjtyn  

Edmontonians  may be embracing the uncertainty now hanging over the economy when it comes to their mortgages, a new survey suggests. TD Bank recently released a report, polling prospective buyers and current mortgage holders across Canada. It found existing owners are  generally worried  about renewing, and prospective buyers are cautious but optimistic.       R ead  more:  https://tinyurl.com/mvd7dae5  

Fixed-rate mortgages may be losing their popularity among Calgary buyers and homeowners, who are increasingly embracing variable-rate mortgages instead.      Read more:  https://tinyurl.com/ywdxuehk  

Preliminary planning has begun on a potential new recreational facility in Dunmore Junction.       Read more:  https://tinyurl.com/546y63dn  

According to the city’s financial department, Medicine Hat was able to secure more money as a result of investment earnings than staff expected in 2025, helping to balance the budget.       Read more:  https://tinyurl.com/ypbewesv         

The ability of Canada to send more oil to Asia has been proven by the successful startup of the Trans Mountain pipeline — and it could continue to grow with the removal of trade barriers this week.   Read more:  https://tinyurl.com/cp8rypez       

We are increasingly seeing a growing appetite among city council to repeal things that are difficult, without the same energy to replace them with something better. Bigger and far more impactful work has already fallen, and now it’s going down to community-level issues.   Read more:  https://tinyurl.com/24ewymuf     

Canada’s tourism sector is entering a promising 2026 with tourism revenue outpacing the broader economy, according to Destination Canada’s Canadian Tourism Outlook 2026–2035, prepared with Tourism Economics.     Read more:  https://tinyurl.com/y2sh3ha8        

This massive grocery store chain is expanding further into Edmonton.     Read more:  https://tinyurl.com/3vh34c9n         

A push is underway at the council table to make sure growth pays for itself — and not at the expense of existing taxpayers.     Read more:  https://tinyurl.com/yeyn98bh      

Developers have plans for a new community near Tillotson in southwest Okotoks.     Read more:  https://tinyurl.com/4x76vzck  

Key takeaways, as well as a full breakdown of a community survey conducted earlier this year around a variety of local topics, were presented to council Monday.       Read more:  https://tinyurl.com/2sw8v8wx