Greatest Boom Ever

  U.S. President Donald Trump has been trying to talk down oil prices during a war in the Middle East.       Read more:  https://tinyurl.com/yfss5mmx    

  The United States and Israel recently launched Operation Epic Fury against Iran, effectively removing the regime’s leadership and cratering its weaponry infrastructure. The consequence — intended or otherwise — has now  shut  the Strait of Hormuz, sending Brent crude and WTI to more than $90 a barrel.       Read more:  https://tinyurl.com/mwhmbsr2     

The record-breaking new  homes  construction is unlikely to continue as Edmonton’s population boom subsides, and other demand pressures ease. A recent report from Canada Mortgage and Housing Corp. last month predicts moderating activity for this year through to 2028 as inventory grows on the new homes and resale sides of the market.         Read more:  https://tinyurl.com/5bv73c4r  

  The city’s once tight housing market conditions have slackened  considerably with  no segment of the market more affected than multi-family housing.       Read more:  https://tinyurl.com/8ufwfp8u      

  Resale real estate in Calgary saw declining activity, falling prices and rising supply in February, but some market segments  exhibited  resilience and growth amid the broader trend of moderating demand. Calgary Real Estate Board statistics from February revealed declining year-over-year sales last month with one exception.       Read more:  https://tinyurl.com/4ejhrn63    

    While the job market  remains  steady and nationally competitive in Alberta, the Lethbridge-Medicine Hat region continues to perform below provincial averages for employment.       Read more:  https://tinyurl.com/3pdauamd     

Medicine Hat Economic Development has launched a new online platform designed to provide the local business community and  residents  information on market conditions and businesses active in the region.         Read more:  https://tinyurl.com/yww2er52           

  Chemical engineer Stephanie Lim lives as a single woman in the regional town of Gladstone – but when she decided to buy her own home, she made the 500km journey south to find a place in the city.           Read more:  https://tinyurl.com/242nyhzz  

    For decades, Calgary’s economic development leaders worked to diversify the city’s economy with limited success. However, a new plan in 2021 has been so successful that Calgary is now the fastest growing tech community in North America.         Read more:  https://tinyurl.com/3744emrn         

  Last month, federal Energy Minister Tim Hodgson told the House of Commons natural resources committee that Canada could become “one of the largest suppliers of LNG in the world.”       Read more:  https://tinyurl.com/y9ntjx6j