Greatest Boom Ever

Canadian oil and gas producers are  benefiting  from the surge in commodity prices driven by the Middle East war, but they say  it’s  not changing their investment plans in the near-term.   Read more:  https://tinyurl.com/46amfz63         

“The world needs Alberta oil and gas now more than ever,” said Brian Jean, minister of energy and minerals. “Taking action to accelerate the approval process is critical for Alberta to unleash its energy potential and ensure a sustainable sector for decades to come.”     Read more:  https://tinyurl.com/vecb3xth       

Edmonton and region have long played a critical role in ensuring housing supply keeps pace with growth. Last year alone, Alberta recorded more than 50,000 housing starts, including more than 21,000 in the Edmonton region. As more people choose to live here, the question is not whether Edmonton will grow — it is how, and where people will live.       Read more:  https://tinyurl.com/4ht6bmew  

Negotiations for an end to the Iran war have so far failed, and the Strait of Hormuz  remains  effectively closed.        Read more:  https://tinyurl.com/48pfstj9     

Renters have more choice in the market, says a new report on vacancies and rental costs in Calgary.       Read more:  https://tinyurl.com/mrnhzm4j  

It was a busy year for conventions and meetings last year, and Calgary continues to grow as a convention destination on par with other major metropolitan centres in Canada.   Read more:  https://tinyurl.com/4e2au5xw  

The three byelection wins by the Liberals on Monday night give the Carney government an unassailable majority. With 174 seats, they can pass any bill they like without having  rely  on the Speaker of the House of Commons to cast a deciding vote to break a tie.       Read more:  https://tinyurl.com/2822be8k  

City council is restoring street parking on a stretch of 101 Street by reopening a dedicated bus lane that was a sore spot for many Chinatown businesses.       Read more:  https://tinyurl.com/3ywxxf7f         

Home owners could face higher costs for building work if they have not already locked in fixed-price contracts, experts warn, as higher fuel prices and supply chain disruption put pressure on builders.       Read more:  https://tinyurl.com/2s3ry9zz     

There has been a sharp rise in the number of parents co-signing their adult children’s mortgage applications, data from the Bank of Canada shows.       Read more:  https://tinyurl.com/44myfw7k     

Residents of Edmonton’s Garneau  neighbourhood  are pushing back against infill plans they feel  don’t  preserve the community’s historic character and charm.       Read more:  https://tinyurl.com/4af6fsdm  

Just as oil prices on the futures market slip again on hopes for a quick end to the war in the Middle East, the head of the International Energy Agency issued a warning: prices are going to go higher yet.       Read more:  https://tinyurl.com/58bzs6vs  

It’s tax season in St. Albert, and that means city leaders are once again grappling with the question of mill rates — those obtuse multi-digit numbers that determine your property taxes.   Read more:  https://tinyurl.com/mrsfbbca  

There was no easing of growth in Alberta’s fastest-growing town in 2025, according to Cochrane’s latest development report.   Read more:  https://tinyurl.com/4ken6cny