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Sylvan Lake Real Estate: Alberta's Hidden Waterfront Gem

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    Nestled in the heart of Central Alberta, Sylvan Lake has transformed from a quiet summer retreat into one of the province's most desirable real estate markets. With its pristine namesake lake, vibrant community spirit, and strategic location just 20 minutes from Red Deer, this town of approximately 15,000 residents offers a rare combination of recreational lifestyle and practical convenience that continues to attract homebuyers from across Western Canada.   The town's real estate landscape is as diverse as its seasonal activities. Prospective buyers will find everything from cozy starter homes and modern townhouses to luxurious lakefront properties commanding premium prices. The waterfront market remains particularly competitive, with cottage-style homes and year-round residences along the lake's 13-kilometer shoreline representing the pinnacle of Sylvan Lake living. These properties offer unparalleled access to boating, fishing, and beach activities during Alberta...
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House once owned by Geelong Grammar gets a glow-up, resells for $17 million-plus (Australia)

A Toorak house that Geelong Grammar School sold during lockdown for $6.21 million has had a stunning transformation and resold for more than $17 million.       Read more: https://tinyurl.com/38ptj68h  
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Downtown intersection slated to fully reopen this week following construction (Edmonton)

The intersection at 99 Street at 103A Avenue between city hall and the Law Courts building is expected to fully reopen this week following rehabilitation work to the road as part of a pedway project.     Read more: https://tinyurl.com/yc7wvymh     
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No rush for Bank of Canada to raise interest rate even as inflation rate hits 3%, say economists (Canada)

Canada’s inflation rate in July rose to three per cent from 2.8 per cent the month before as gasoline prices spiked, but economists say the Bank of Canada is likely to look past this latest reading.       Read more: https://tinyurl.com/4jsf2vty     
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Rare chance to snap up prime Palm Beach site as lender forces sale (Australia)

A prime slice of Palm Beach turf holding approved plans for four luxury townhouses has been forced back to market, marking an ultra-rare distressed sale for the Gold Coast’s blue-chip southern strip.       Read more: https://tinyurl.com/sa5jcsx2  
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Oil Majors Reap $93 Billion Windfall From the Iran War (Global)

Oil prices have soared in recent months as a result of the almost complete closure of the Strait of Hormuz, a key trade corridor connecting Asia and Europe. High fossil fuel prices have helped to drive up the profits of oil and gas companies around the globe, particularly in the United States and Europe. As a few companies boost production to fill the gap, some oil majors have seen record earnings in the first half of the year, a trend that is expected to continue for as long as Hormuz trade remains restricted.       Read more: https://tinyurl.com/3uresp4d  
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Temporary parking bans on the way for Cimarron (Okotoks)

The Town of Okotoks has declared temporary parking bans to support crack sealing maintenance on Cimarron Boulevard beginning Monday.       Read more: https://tinyurl.com/3kffs9jp  
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Returning expats secure historic Melbourne apartment for $975,000 (Australia)

A luxurious two-bedroom apartment in a converted Melbourne mansion built in 1887 sold for $975,000 at auction on Saturday, $125,000 over its reserve.   Read more: https://tinyurl.com/ycxjayxx  
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Ottawa providing $2.1 million for skilled trades pathways in Alberta (Alberta)

The federal government is increasing its investment into educational pathways in skilled trades in Alberta.       Read more: https://tinyurl.com/2atfz6nt  
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Canada can build major projects faster without sacrificing nature protections (Canada)

Wildfires raging in Canada this summer not only underscore the severe threat that climate change poses to the country’s ecosystems, but also highlight the deep connection between conservation and economic prosperity — the two must be aligned for both to succeed.         Read more: https://tinyurl.com/69cayfxw       
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Estimated economic impact to region reaches $12 million, chamber says (Medicine Hat)

The Special Olympics Canada Summer Games brought millions in new economic activity to the Medicine Hat area.       Read more: https://tinyurl.com/3a6snrpy     
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SA’s most rented suburbs revealed amid investor shift (Australia)

Despite the government’s changes to negative gearing in the federal budget and higher interest rates, investors are still active across Adelaide, with agents reporting strong – albeit subdued – activity and buyers switching up their investment strategies as new data reveals SA’s investment hotspots.       Read more: https://tinyurl.com/bdc4sdha     
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White: Where is Calgary's best main street? (Calgary)

Recently, I had some time before an appointment to explore University District’s main street (University Drive N.W.) and began to wonder, where is Calgary’s best main street?       Read more: https://tinyurl.com/4fwysyr5     
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Tax vacant properties as pending businesses, urges Alberta Avenue Business Improvement Area (Edmonton)

City council and its Business Improvement Area (BIA) partners are back at the drawing board after a rash of regulatory changes made by the Municipal Affairs Minstry did not include an option to charge the city’s BIA tax to property owners.       Read more: https://tinyurl.com/3mta8fay     
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