Greatest Boom Ever

Red Deer remains one of the most affordable Canadian markets to rent in, despite an uptick in average asking rent in July.       Read more: https://tinyurl.com/yj7ep8r4     

Canadian Natural Resources Ltd. earned $4.5 billion in the second quarter and pumped more oil than in any quarter in its history but told investors its largest Alberta growth projects remain on hold.       Read more: https://tinyurl.com/36efps7t  

An advocate for infill housing says he’s done the math, and infill homes could mean big bucks for the City of Edmonton.       Read more: https://tinyurl.com/5wt2cst2  

TORONTO -- Canada’s dollar will enter a holding pattern in coming months before notching moderate gains in a year as recent signs of domestic economic recovery support the currency, a Reuters poll showed.       Read more: https://tinyurl.com/5995kahk     

Two Calgary-based pipeline operators are looking to grow after reporting a sharp increase in profits during the spring quarter, though their expansion plans differ in scale and certainty.       Read more: https://tinyurl.com/2s3feksf     

St. Albert Inn and Suites is trying to take the next step in its evolution but has hit a snag in a bit of red tape.       Read more: https://tinyurl.com/yrdr73d8     

One of the country’s hottest developers has stumped up $40m for a prime Brisbane development site, unveiling ambitious plans for a landmark apartment tower and new retail laneway expected to generate more than $700m in sales.       Read more: https://tinyurl.com/3292wuzz  

Edmonton’s red-hot housing market is hitting a cold spell, driven by a surplus of condominiums and slowing migration.       Read more: https://tinyurl.com/4xe2vfay     

The French luxury retailer Hermès announced in June that it will open its first Alberta boutique on Calgary’s Stephen Avenue.       Read more: https://tinyurl.com/nj8hdhym     

A major transformation of a downtown Calgary street is entering a new phase this month, with construction moving ahead on the 8th Street SW revitalization project.       Read more: https://tinyurl.com/5exnpabw     

TORONTO — A new poll finds Canadian businesses are feeling optimistic about the federal government’s economic agenda, but that it will come down to executing on those priorities as the country stares down threats of fresh tariffs from the U.S.       Read more: https://tinyurl.com/4tj48e5t  

It’s been more than four years since Canada’s housing boom came to an abrupt end in 2022, and throughout that period the perennial question hanging over the market has been, how much farther will it fall?       Read more: https://tinyurl.com/5n7mz6s8  

Natural gas prices are taking a slight rise in the month of August, according to the city’s latest utility rates update.       Read more: https://tinyurl.com/yaxkscbd     

A Sydney property owner has listed their forever home for millions of dollars less than the price they purchased it following a strata nightmare.   Read more: https://tinyurl.com/3zaftuza     

Higher oil prices helped push Canadian exports to their fastest quarterly gain in almost six years in the second quarter, a period capped by a fourth consecutive monthly trade surplus in June.       Read more: https://tinyurl.com/3p5nyxwj