Posts

Edmonton's MASSIVE new events district just took a major step forward (Edmonton)

Edmonton’s brand-new events district is one step closer to reality, with OEG Sports & Entertainment (OEGSE) and the City of Edmonton announcing a lead design team for the new event park.       Read more:  https://tinyurl.com/2w8faz4w       

$2B Investment Drives Expansion of U.S.-Canada Oil Flows (Canada)

Bridger Pipeline LLC has  disclosed  its proposed pipeline to transport crude from the ‌U.S.-Canada border to Wyoming would cost approximately US $2 billion  and have a maximum capacity of 1.13 million barrels per day (bpd). The Casper-Wyoming company has proposed a 36-inch pipeline spanning  nearly 650  miles (1,050 km) from the U.S.-Canada border in Phillips County, Montana, to Guernsey, Wyoming. The pipeline will initially  operate  at approximately 550,000 bpd; however, Plainview Energy Analytics has noted that batching light crude oil could allow volumes to exceed typical heavy oil ceilings of 800,000 bpd for a line of this  size, and  deliver up to 1.13 mbpd.       Read more:  https://tinyurl.com/y9pnua53    

Survey finds mortgage strain despite steady payments (Canada)

A new national survey suggests most Canadians, including those in Airdrie, are keeping up with mortgage payments. Still, many are feeling financial strain and cutting back on spending to manage costs.         Read more:  https://tinyurl.com/yunfe35h     

Calgary Stampede roped in record revenues in 2025 (Calgary)

It might have fallen just short of an all-time biggest attendance mark last year, but the Calgary Stampede corralled record revenues in 2025.       Read more:  https://tinyurl.com/eu44htfs      

Oil and fuel prices to remain high throughout the year: Deloitte report (Canada)

The ongoing war between Iran and the U.S. is expected to keep oil prices high for the remainder of the year, including gasoline, diesel and jet fuel prices too.       Read more:  https://tinyurl.com/4uxcc8bb       

Support for Alberta separatism at a 5-year high: poll (Alberta)

OTTAWA — A new poll finds that support for Alberta separatism is at its highest level in at least five years, with a fall independence referendum looking increasingly likely.       Read more:  https://tinyurl.com/yn96c42t  

Sylvan Lake to remain a town for the foreseeable future (Sylvan Lake)

The Town of Sylvan Lake will remain a town, at least for now.   Read more:  https://tinyurl.com/bdcnyy2k  

No explanation provided by town on $1.2 million property purchase (Cochrane)

The Town of Cochrane has agreed to purchase two storage condominium units in The Stable Signature Bays, Units 601 and 602 at 5 River Heights Dr., for a total of $1.2 million plus GST.         Read more:  https://tinyurl.com/37ddrjvh  

How suburban dads are solving the energy crisis with an app (Australia)

Harris  Hutkin  and his partner had installed solar panels in a home before, but when they  moved  they went bigger. He was excited to see the results.     Read more:  https://tinyurl.com/455dvvjp      

IEA chief: current oil and gas crisis worse than 1973, 1979, 2022 together (Global)

The current oil and gas crisis triggered by the blockade of the Strait of Hormuz is “more serious than the ones in 1973, 1979 and 2022 together,” Fatih Birol, the head of the International Energy Agency (IEA), told Le Figaro newspaper.         Read more:  https://tinyurl.com/3zyujjxp  

Braid: Startling riding boundary plan could tip Alberta politics to the UCP (Alberta)

The latest changes to provincial riding boundaries were  proceeding  normally — as boring as humanly possible — until something momentous happened.       Read more:  https://tinyurl.com/3jw2x9z9    

Modular housing approved for southwest Edmonton land despite spacing concerns from next-door church (Edmonton)

City council has approved the rezoning of land in a southwest  neighbourhood  community Tuesday that leaders of an adjacent church say will cause unaccounted-for spacing and traffic concerns.       Read more:  https://tinyurl.com/2n8u9ech     

Iran war upends spring housing market. Here’s what real estate agents are seeing (United States)

The all-important spring housing market is well underway, but expectations are falling short due to the war in Iran and its impact on both the U.S. economy and consumer sentiment.       Read more:  https://tinyurl.com/4hnp4hpt     

How the Iran Conflict Is Affecting Mortgage Rates in Canada

Image
      The ongoing conflict in Iran and the closure of the Strait of Hormuz are creating unexpected ripple effects across the Canadian economy, particularly in the housing market. Despite the Bank of Canada maintaining its key interest rate, Canadian homeowners are seeing their mortgage payments increase due to geopolitical tensions thousands of miles away.     The Direct Impact on Fixed Rates   Since the conflict began in late February 2026, five-year fixed mortgage rates in Canada have risen by approximately 0.25% across all major lenders.   2       3       4    This increase  represents  a significant shift in  a short period , with insured five-year fixed rates climbing from around 3.9% to 4.2% at their peak.   4    The change has been described as a "roller coaster" by mortgage experts, with rates experiencing double-digit basis point hikes.   4   The Oil-Bond-Mortgage ...