Greatest Boom Ever

Premier Danielle Smith said the UCP caucus and cabinet will decide how to proceed on recommendations released by the Alberta Next panel.       Read more:  https://tinyurl.com/ycya8hrn  

Brisbane’s residential property market entered a new era in 2025, becoming the second most expensive in the country and achieving a new home sale price record.       Read more:  https://tinyurl.com/38bn8tw8  

Calgary has experienced record high housing starts for the past three years, and 2025 may well make it four years. This year started off with a bang with first quarter 2025 housing starts data from Canada Mortgage and Housing Corp. indicating Calgary led all of Canada not only in per capita housing starts, but amazingly also in total starts. Yes, Calgary’s home builders started construction of more homes than Toronto, Montreal or Vancouver, cities that are respectively five, three and twice as large as us.       Read more:  https://tinyurl.com/2fbacz82  

Construction on the Highway 1A and Highway 22 interchange is reaching another major milestone, with new features now open.       Read more:  https://tinyurl.com/4uusrxmd  

St. Albert city council has voted against pausing the sale of 13 Mission Avenue, after hearing various Indigenous residents urge them to pause the sale before engaging in meaningful engagement and consultation with the community.       Read more:  https://tinyurl.com/4h4rv3rt  

Diamond Valley's 2026 budget chops the Town's workforce by 20 per cent, among other service reductions, but still comes with a 4.2 per cent property tax increase.       Read more:  https://tinyurl.com/4d9sc7sh  

St. Albert city council approved a 3.9 per cent tax increase for next year's budget, following deliberations in the standing committee of the whole earlier this month.        Read more:  https://tinyurl.com/enh5c3m9     

As city administration prepares a report on the potential consequences of reducing the unit per building cap from eight to six for new infill construction, mayor Andrew Knack says he’s open to flexibility in the policy.       Read more:  https://tinyurl.com/3kabbnk2  

Stampedes and rodeos have been the backbone of western Exhibitions since the early beginnings and Medicine Hat is no exception.       Read more:  https://tinyurl.com/3up6hnhb     

Global oil demand jumped in October from the previous month and from October last year amid a rebound in India’s product demand, the latest data by the Joint Organizations Data Initiative (JODI) showed on Thursday.       Read more:  https://tinyurl.com/2mbzdvsk  

Many major real estate markets in Canada showed month-over-month sales growth in November, though resales  remain  well below levels saw last year. A new report from RBC Economics suggests the growth was “notable” given most markets started the fall season — the second busiest time of the year for transactions behind spring — so slowly.       Read more:  https://tinyurl.com/7dxzyhu7  

It’s  a cost hidden to most Calgary renters or homeowners, but development and other related fees are an increasingly painful financial price of doing business for developers and builders in the region.       Read more:  https://tinyurl.com/4uus3e5j  

Edmonton is widely recognized as one of Canada’s most affordable major housing markets, and a new study suggests low government fees charged on new developments may be a contributing factor.       Read more:  https://tinyurl.com/5d59m8wy  

As North American oil prices  remain  in the basement — coming close to a five-year low this week — analysts say Canada’s increased pipeline capacity puts the country in a better position to handle the turmoil.       Read more:  https://tinyurl.com/ycy2hsz6