Posts

New housing affordability ranking shows where Alberta markets land (Alberta)

Calgary’s major housing market has been rated seriously unaffordable in a new international report, with home prices listed at 4.3 times gross median household income.       Read more: https://tinyurl.com/5n7uns56  

Alberta Premier Smith’s approval rating drops to lowest ever: survey (Alberta)

Alberta Premier Danielle Smith’s approval rating has taken a hit, according to a new Angus Reid survey — an all-time low since she was first elected.       Read more: https://tinyurl.com/ms5ezaex     

45,000 electricity meters being replaced at Red Deer homes and businesses (Red Deer)

Work is underway to replace and upgrade electricity meters located at homes throughout Red Deer at no cost to residents for the new meter or installation.       Read more: https://tinyurl.com/2tvyb2v6  

Long-awaited pipeline bringing water to Okotoks (Okotoks)

Water is flowing through a massive pipeline in Okotoks, opening a new chapter for the region.       Read more: https://tinyurl.com/3be7hdpp     

Where Australia’s richest people live and how much it costs to live there (Australia)

Want to live like a billionaire?       Read more: https://tinyurl.com/2r68ysvc  

OPEC Sees Oil Demand Growth Outpacing Supply Through 2027 (Global)

OPEC is sticking to its view that the oil market will remain relatively tight through next year, with demand growth expected to continue outpacing non-OPEC+ supply additions despite months of war-related disruption and elevated prices.       Read more: https://tinyurl.com/4fcr87jf     

Alberta leading country in economic growth while rest of Canada stalls: report (Alberta)

Alberta’s economy is staying the course despite uncertain tariff policies from the United States and the impact of the U.S and Israel-Iran war on global oil supply, according to a new report released Thursday.        Read more: https://tinyurl.com/4h9bwrm7  

City’s new economic plan aims to tackle perception that Edmonton is ‘business unfriendly’ (Edmonton)

The City of Edmonton has launched a new plan aimed at attracting global investment and developing a thriving local economy, but critics say the strategy doesn’t go far enough to achieve those goals.        Read more: https://tinyurl.com/mmv79saf       

Prices, sales slid in Calgary's resale homes market in May (Calgary)

The trend of falling prices and sales in Calgary’s resale real estate market continued in May. Calgary Real Estate Board statistics for the month show resales fell nearly 16 per cent year over year with 2,162 transactions.       Read more: https://tinyurl.com/4d3nzts5  

CRA taking up to 47 weeks to process some tax return changes, watchdog says (Canada)

Taxpayers who filed requests to make changes to their income tax returns may be waiting up to 47 weeks for those changes to be processed by the Canada Revenue Agency, according to a watchdog.       Read more: https://tinyurl.com/2h5kmn9f  

Mixed results for homes markets near Calgary in May (Calgary)

Calgary’s surrounding communities’ resale real estate markets saw a mix of results in May with some municipalities seeing growth while others struggled to see gains in prices and sales.       Read more: https://tinyurl.com/3k4fhb9r  

New bus rapid transit changes to Whyte Avenue in concept stages: city (Edmonton)

The City of Edmonton is configuring options for its bus rapid transit, also known as BRT, routes down Whyte Avenue ahead of changes to the busy Old Strathcona central strip.       Read more: https://tinyurl.com/yc793w8z    

Help wanted: The oilpatch will need 72,000 workers over the next decade (Canada)

Canada’s oil and gas sector is facing a major hiring challenge.       Read more: https://tinyurl.com/4262v24h    

Alberta may see ‘gigawatt-scale’ AI data centres under construction this year (Alberta)

The Alberta government’s frontman on AI says the province could see shovels in the ground for some large-scale data centres by the end of the summer.       Read more: https://tinyurl.com/3x8zrny2