Posts

Natural gas price dives under a dollar per gigajoule (Medicine Hat)

The local natural gas rate is taking a plummet in  the month of May  as prices continue  a downward  trend this calendar year.       Read more:  https://tinyurl.com/3pnv78m2     

Huge Melbourne auction list to test buyer confidence against rate rise (Australia)

Melbourne’s auction market is heading to a major market test this week as it grapples with a Super Saturday sales event and the looming prospect of an interest-rate hike on Tuesday.     Read more:  https://tinyurl.com/5dcdf6wm  

Bell: Danielle Smith kicks Naheed Nenshi's butt again, NDP leader doesn't get it (Alberta)

It is all very strange.       Read more:  https://tinyurl.com/4kkt7y5r     

Varcoe: New CEO of power generator TransAlta sees 'tremendous opportunity' in data centres amid energy pact (Alberta)

The federal-provincial energy accord has drawn national attention to pipelines, but attracting major investment into the burgeoning AI-focused data  centre  sector could provide another spark for Alberta’s economy in the coming years.       Read more:  https://tinyurl.com/25wm7cxv  

Balanced conditions in the city, except for apartment-style units (Calgary)

In line with seasonal expectations, both sales and inventory levels  trended up   relative  to March’s activity. Despite this typical monthly rise, April sales  totalled  2,104 units, six per cent lower than levels reported in 2025.       Read more:  https://tinyurl.com/mr2md3th        

Bank of Canada head 'encouraged' by Ottawa's efforts to diversify economy

OTTAWA — Bank of Canada governor Tiff Macklem says he’s “encouraged” by the federal government’s efforts to diversify the economy and protect it against increasingly common shocks to global trade.       Read more:  https://tinyurl.com/3zh7w49z  

Why a salary of $115K isn't enough to purchase a house in some parts of Canada (Canada)

Ron Butler says that when he started in the mortgage business 30 years ago, it was quite easy for a grocery store  produce  manager or part-time nurse to find the five per cent down payment needed to buy a home.       Read more:  https://tinyurl.com/5hyfcux7     

Province announces investment into Alberta’s music industry (Alberta)

Alberta’s government is investing in the power of song with its new Alberta Music Action Plan.       Read more:  https://tinyurl.com/4wmbkfvn  

Four homes on one lot? Airdrie asks for feedback on proposed housing change (Airdrie)

Airdrie residents and businesses are being asked to weigh in on a proposed residential land use change that could allow up to four homes on a single residential lot in more areas of the city.       Read more:  https://tinyurl.com/4cvcrsxv  

New businesses coming to St. Albert (St. Albert)

Various new businesses are coming to St. Albert in the next few years, with some standouts highlighted during the Economic Development Business Breakfast.        Read more:  https://tinyurl.com/dw5h24ht     

Gibbons proposes 8.2 per cent tax hike to avoid financial crisis (St. Albert)

The Town of Gibbons is moving toward an 8.2 per cent tax revenue increase as council works to stabilize finances after officials say the municipality was weeks away from running out of cash.   Read more:  https://tinyurl.com/fkxx4fas     

Sydney home prices fall by up to $40k in some areas (Australia)

Sydney home prices have begun to fall as interest rate hikes, global economic uncertainty and question marks around potential property tax changes weigh on buyer confidence.       Read more:  https://tinyurl.com/ycybxfsa  

Calgary offers top return in real estate over past five years (Calgary)

Owning a home is more than shelter.  It’s  also a foundation for building long-term wealth, and a new study shows that Calgary homeowners — who  purchased  in 2020 — have seen the best return among major Canadian markets on their investment in housing.       Read more:  https://tinyurl.com/25dt9rj7  

Average rents decline in Calgary in April (Calgary)

Calgarians  seeking to  rent in April saw lower average rents compared with last year, a new report had found. Online rental marketplace Zumper.com released its April report, showing that Calgary’s rental market became more affordable month over month, and year over year.     Read more:  https://tinyurl.com/4kuwh8tm