Greatest Boom Ever

Medicine Hat city councillors unanimously voted in favour of a budget increase of $21.55 million to fund a modernization strategy of the eclectic substation infrastructure, as three substations near their end of service life.       Read more: https://tinyurl.com/nhkekkab     

New data shows the number of Airbnbs and other short-term accommodation hit record highs at the end of 2024, driving up rents for longer-term tenants in tourism hotspots.     Read more: https://tinyurl.com/58ru9vs2  

Alberta is close to two years into efforts at attracting billions of dollars to build AI data centres , and while the province has already seen some major announcements, many prospective projects are yet to get off the ground.       Read more: https://tinyurl.com/w6fs467z     

A growing number of Edmontonians are turning to a legal tool in an effort to stop multiplex infill development from moving in next door: restrictive covenants.       Read more: https://tinyurl.com/56c38dzu     

Keystone XL was supposed to be dead.       Read more: https://tinyurl.com/3h7pfp8m           

A report from the City of Edmonton has a timeline to potentially demolish the High Level and Low Level bridges in the coming years at their end-of-service-life nears.   Read more: https://tinyurl.com/36szdhv6     

Mayor Andrew Knack’s first “state of the city” address last week was a bit of a surreal affair, in the sense that Knack was essentially speaking to what might be considered Tim Cartmell’s audience — with Cartmell literally in the audience.       Read more: https://tinyurl.com/3nyy35rw          

For many Canadians, the Victoria Day long weekend signals the unofficial start to cottage season. However, this year, recreational real estate is attracting a demographic of buyers looking beyond the traditional vacation property.       Read more: https://tinyurl.com/2s44k4pm     

Canada’s inflation rate rose to 2.8 per cent in April as higher energy prices caused by the war in Iran continue to drive up fuel prices, Statistics Canada said Tuesday.       Read more: https://tinyurl.com/4wn2bwcj  

Foothills County postponed its approval of a feedlot biodigester after hearing about changes to how natural gas captured at the site would be delivered.       Read more: https://tinyurl.com/3hdmxe3h  

Major infrastructure upgrades are well underway in Okotoks, bringing long-term improvements to the town’s downtown core.       Read more: https://tinyurl.com/3yp9dnj9       

The City of Grande Prairie is expecting to see a budget shortfall of nearly $270,000 by the end of the year.       Read more: https://tinyurl.com/2th7nxzh  

Labor’s landmark tax reforms had an immediate impact on Geelong’s property market as potential buyers stepped back to consider the full implications of the federal budget announcements.       Read more: https://tinyurl.com/42zsu6p5     

            Edmonton's real estate market stands at an interesting inflection point in 2026, with promising fundamentals that suggest sustained growth over the next two decades. The city's unique combination of relative affordability, population dynamics, and strategic development initiatives positions it as one of Western Canada's most compelling long-term real estate investments.   Population Growth as the Primary Driver   Alberta's population is projected to surge by up to 46% in the coming years, with Edmonton serving as a primary recipient of this growth 2 . While the Conference Board of Canada expects a temporary slowdown in newcomers in 2026 after several years of surges, this appears to be a brief pause rather than a reversal of the long-term trend 1 . This population influx creates sustained demand for housing across all sectors—from starter homes to luxury properties.   Historically, Edmonton has demonstrated remarkable growth, wi...