Greatest Boom Ever

There are five Hobart suburbs where the family budget will soon be better off buying a house than renting.       Read more:  https://tinyurl.com/ktjfr5p4  

  A new “business-friendly” construction policy for the City of Calgary passed the first hurdle Wednesday, with the near-unanimous support of a council committee.       Read more:  https://tinyurl.com/285an8ba     

    The City of Calgary is reviving a plan first pitched nearly a decade ago to annex a roughly 430-acre parcel of land in Foothills County to accommodate future residential development.       Read more:  https://tinyurl.com/nmfmprm6  

The Middle East war is creating the biggest supply disruption in the history of the oil market as flows of about 20 million barrels per day of crude and products through the Strait of Hormuz have crashed to a trickle, the International Energy Agency said on Thursday.             Read more:  https://tinyurl.com/326sw7pc  

  U.S. Energy Secretary Chris Wright said on Thursday global oil prices are unlikely to hit $200 a barrel even as crude tankers remained stalled in the Strait of Hormuz and the U.S. and Israeli war with Iran widened.         Read more:  https://tinyurl.com/2x65x6xs  

  As of late Tuesday morning, Alberta’s projected deficit for the incoming budget was — theoretically — sitting at $1.1 billion.         Read more:  https://tinyurl.com/5bscf53d     

Two communities in Calgary’s outlying resale real estate market saw growth last month, and both were the most affordable in the region. Calgary Real Estate Board statistics from February revealed High River and Strathmore saw sales and prices rise, unlike other outlying communities.         Read more:  https://tinyurl.com/4xm5e7tx     

  The recall petition against Alberta Premier Danielle Smith failed this past Tuesday — the same as every other recall petition started against UCP MLAs since last fall’s teachers’ strike.       Read more:  https://tinyurl.com/adf97mmy  

There are about 100 residential properties on the market right now in Okotoks, according to Realtor.ca     Read more:  https://tinyurl.com/2n4zza42     

    A building that housed a longstanding Safeway in Sherwood Park is set to undergo a big retail revival this year.       Read more:  https://tinyurl.com/mbywfzcb  

Sylvan Lake town council unanimously approved a motion to adopt the Municipal Solid Waste Master Plan and Implementation Plan.         Read more:  https://tinyurl.com/5xdj9vas     

  The City of Medicine Hat will now  purchase  extra electricity generated by Big Marble Farms’ eight on-site cogeneration generators following a lengthy process to allow the greenhouse to export excess power.         Read more:  https://tinyurl.com/5brendf6      

  Australia’s industrial property sector is entering a new phase of the cycle, with the development pipeline beginning to ease while tenant demand remains strong.       Read more:  https://tinyurl.com/3rufzsda