Greatest Boom Ever

As a surge in housing demand during 2023 and 2024 pushed rents in Calgary to astronomical heights, institutions at all levels prescribed what they deemed to be a panacea — more supply.       Read more: https://tinyurl.com/46cs9vnr    

Calgary International Airport has jumped up 26 places in a new global airport ranking, taking home the title of the most improved airport in Canada.   Read more: https://tinyurl.com/4ywd7wpd      

Edmonton International Airport has landed a spot in a ranking of the world’s best airports, placing second overall in Canada.       Read more: https://tinyurl.com/y8u2r985    

  The Bank of Canada held its key interest rate at 2.25 per cent for the fifth consecutive time on Wednesday.   Read more: https://tinyurl.com/mt4ay9kp  

New figures have revealed the high-performing Australian state schools turning local postcodes into hot property markets.       Read more: https://tinyurl.com/46585hbx    

A new master-planned community is in the works in east Calgary following a 153-acre land deal near the residential neighbourhood of Belvedere.        Read more: https://tinyurl.com/3dyus2x2    

An empty downtown Edmonton parking lot could soon be transformed into nearly 200 rental homes with a new residential development planned for the area.   Read more: https://tinyurl.com/bbyh82a4      

The Canadian dollar on Monday slumped to a new closing low for 2026 of 71.67 cents U.S., with economists at National Bank of Canada singling out gold as “a key factor” behind the loonie’s weakness.       Read more: https://tinyurl.com/4jbyn4h6    

Canada is in an investment crisis, and Canadian workers are bearing the brunt, according to an Economic Note released by the MEI.   Read more: https://tinyurl.com/39jwuer5  

This summer will be your last chance to putt around the Twin Willows Golf Club in northwest Edmonton.       Read more: https://tinyurl.com/3nyfjwec     

It’s a niche market, but one developer feels there’s appetite for in Edmonton.   Read more: https://tinyurl.com/57d4745z  

Raising property taxes through a new levy is one option on the table for city councillors as it considers how to narrow the infrastructure funding gap Calgary faces.       Read more: https://tinyurl.com/59vzh5my     

Royce Mendes, head of macro strategy for Desjardins Group, talks to Financial Post’s Larysa Harapyn about the Bank of Canada‘s upcoming rate decision and how the central bank’s policy is not going to respond to weakness in home prices any time soon.       Read more: https://tinyurl.com/33w6sv8m  

Red Deer City Council approved amendments to the Land Use Bylaw that allow house suites (secondary suites) in duplexes throughout most areas of the city where duplexes are already permitted .       Read more: https://tinyurl.com/fntynab2