Greatest Boom Ever

Canada’s oil-producing province of Alberta plans to announce in November a new preferential royalty framework to encourage companies to invest in new oil and gas production, Alberta’s Premier Danielle Smith said at an industry event.   Read more: https://tinyurl.com/5n6hfrrm    

A major redevelopment of an aging high-rise is underway in Calgary’s Bridgeland/Riverside neighbourhood , with plans to transform the tower into a mixed-income housing development expected to house more than 500 residents.       Read more: https://tinyurl.com/5ccvuem3  

As the city reviews its paid-parking operations, a city councillor is proposing requiring a permit to park on a residential street — and then potentially returning a portion of the revenue to the residents on that street.       Read more: https://tinyurl.com/y6er7vyk  

I’m not sure what impact Wednesday’s report on the cost of separation, prepared by the University of Calgary’s School of Public Policy, will have on the independence referendum next month.       Read more: https://tinyurl.com/3kmvrccn    

The city’s land and real estate and economic development departments say The Spur, a small group of houses developed in Ranchlands, is a representation of a shift in the city’s approach to developing land and neighbourhoods.       Read more: https://tinyurl.com/4zmunn3y  

Australian property buyers are underestimating the cost of properties in coveted areas by up to $1.75 million, new data shows, even as prices drop in the current downturn.       Read more: https://tinyurl.com/2yxnme42    

Spending on commercial real estate slowed in Edmonton this past quarter, reflecting a cooler market after the region ran up the score in the first part of the fiscal year.       Read more: https://tinyurl.com/3en9f5zp    

Alberta Premier Danielle Smith’s approval rating has dropped to its lowest level since taking office, with just two in five Albertans in favour of her leadership, new data suggests.       Read more: https://tinyurl.com/49v5mjru  

Naheed Nenshi is all smiles. He should be smiling.         Read more: https://tinyurl.com/4ffcu8ut  

An informal online poll drew 310 responses, with most participants saying local ownership plays at least some role in deciding where they shop.   Read more: https://tinyurl.com/ratxaxjf    

Red Deer city council passed first reading on a zoning bylaw amendment allowing the development authority to change parking requirements by up to 70 per cent for non-market housing developments and temporary care facilities.     Read more: https://tinyurl.com/23yvkbk5    

Fast-rising interest rates are taking their toll on mortgage demand, as both potential homebuyers and current homeowners head to the sidelines. Total mortgage application volume dropped 4.1% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Last week’s results include a separate adjustment for the Labor Day holiday.       Read more: https://tinyurl.com/thrvnxkt  

The Southeast Alberta Chamber of Commerce says if passenger air service is not restored in Medicine Hat by the middle of 2027 the city will lose federal infrastructure funding tied to scheduled service.       Read more: https://tinyurl.com/3pvztdxh  

Cotality's latest 'Pain and Gain' report published on Wednesday revealed the two capitals accounted for 83.3% of the value of unit resale losses nationwide in the June quarter.       Read more: https://tinyurl.com/4tkkwwbt