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The Iran Conflict's Ripple Effect: How Middle East Tensions Are Reshaping Alberta's Oil and Real Estate Markets

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                 The recent military strikes by the United States and Israel against Iran have ignited a geopolitical firestorm with far-reaching economic consequences. While the conflict unfolds thousands of  kilometres  away, its impact is being felt acutely in Alberta, where oil prices and the real estate market are responding to the global shockwaves.       Oil Prices Spike on Supply Fears   The primary driver of economic uncertainty is the disruption to the Strait of Hormuz, a critical maritime chokepoint through which approximately 20% of the world's oil supply transits.1•2 Following the strikes, tanker traffic through the strait has effectively stalled due to the withdrawal of commercial operators and insurers, creating a de facto closure for most global shipping.2•3 This has pushed Brent crude prices up significantly, from around $70 per barrel before the conflict to approximately $78-$82 in early March t...
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Inside the wild homeowner retirement scheme few people know about (Australia)

  Single renter Yvette Buckley bought her first apartment in November of 2025 – but the law says she can never live in it.       Read more:  https://tinyurl.com/muy5r9ar     
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Braid: Huge cost of water pipe projects is heading straight for Calgary ratepayers (Calgary)

  Once again, Calgarians are expected to behave like camels.       Read more:  https://tinyurl.com/2w8a6z4v      
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Bring back weekly trash pickup, say multi-family Edmonton building landlords (Edmonton)

  Some property-owners are asking Edmonton councillors for the city to pick up trash more often.       Read more:  https://tinyurl.com/4hp9naph     
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It's been five years since mortgage rates hit all-time lows, and no one is celebrating this anniversary (Canada)

  Fifth anniversaries are traditionally celebrated with wood, but five years after mortgage rates hit an all-time low, some homeowners are  probably wishing  for stone, with a rate etched in it.       Read more:  https://tinyurl.com/34kfd639  
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Why This War With Iran May Be Far Longer Than Markets Expect (Global)

Two weeks ago, I suggested that the complacency regarding war with Iran was misplaced and that that complacency was likely soon to be replaced by panic in the world's capitals and financial markets. The general belief was that President Donald Trump would relent, make a deal with Iran, and declare victory. Even if he didn't, the Iranian regime would be quickly overwhelmed by a combined American and Israeli attack and possibly be overthrown in a popular revolt or in the alternative, sue for peace within days.       Read more:  https://tinyurl.com/bdhta6bn     
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Keith Gerein: As Edmonton drives toward economic development, the UCP’s tax grab throws up a roadblock (Edmonton)

  Economic development, growth management, quality services and safety.           Read more:  https://tinyurl.com/mrk5u8wc     
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Here's why bets are rising for interest rate hikes including for Canada (Canada)

The war in Iran has turned the tables on the interest rate outlook, with bets rising that hikes could come this year, including in Canada, where policymakers had been expected to stick to the sidelines.       Read more:  https://tinyurl.com/3a75aukw      
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