Posts

Geelong homes snapped up faster as new data defies slowdown (Australia)

Geelong homes are selling faster than they were 12 months ago, with new analysis highlighting pockets of market resilience.       Read more: https://tinyurl.com/yrmcet69     

Bank of Canada holds interest rate at 2.25% as trade war clouds outlook (Canada)

The Bank of Canada on Wednesday held its key interest rate at 2.25 per cent for the seventh consecutive time, which was widely expected by economists due to the ongoing uncertainty from rising trade tensions and renewed hostilities in the war on Iran.       Read more: https://tinyurl.com/ye2x3ye3     

Canada wants to build more homes, but its water and sewer systems aren't ready (Canada)

Canada’s housing push is running up against a basic problem: some communities’ water and sewer systems just can’t handle all the growth governments want.       Read more: https://tinyurl.com/mt6dmxsm     

Bell: 20.2 per cent Calgary property tax hike. What the heck is going on? (Calgary)

Calgary property tax hikes. These are preliminary numbers but they are on the table.       Read more: https://tinyurl.com/muyx3ne3     

The U.S. could control 20% of Venezuela's oil reserves. Canada's oilpatch isn't worried (Canada)

U.S. President Donald Trump is continuing his pursuit of Venezuela's oil jackpot, announcing a new deal aimed at boosting production in the South American country. And while Trump is flaunting the potential controlling stake in a portion of Venezuela's oil reserves as a warning to Canada, experts say there is little cause for concern in Western Canada.       Read more: https://tinyurl.com/2w32rzm5     

Red Deer city council approves bylaw amendment to rezone site of former gas station (Red Deer)

Red Deer city council has approved rezoning a lot that contains a former gas station from a commercial zone to a medium-density residential zone.       Read more: https://tinyurl.com/44rpxh35  

House prices down across region, including Okotoks and High River (Okotoks)

Okotoks house prices are down almost two per cent from this time last year, according to statistics released by the Calgary Real Estate Board.       Read more: https://tinyurl.com/364yk9ne     

Demand for riskier mortgages rises along with interest rates (United States)

Mortgage rates continue to move higher and that has demand for home loans stuck in place. It also, however, has more borrowers opting for riskier loans that offer lower rates.       Read more: https://tinyurl.com/5r5m9cvr     

Cypress County councillors to travel the globe for trade opportunities (Medicine Hat)

In pursuit of better international relationships and opportunities for Cypress County, three councillors will embark on trade missions this autumn.       Read more: https://tinyurl.com/y6hbsm75     

Natural gas rate dips in September by more than 25 cents (Medicine Hat)

The city has set the natural gas default rate in September to $1.250 per GJ, down from August’s rate of $1.537.       Read more: https://tinyurl.com/3mb545jx  

Retirement villages: The fix hiding in plain sight for aged care crisis (Australia)

Australia’s hospitals and aged care system are under extraordinary strain.       Read more: https://tinyurl.com/yr9h5u8t  

Opinion: Data is the new pipeline battle (Alberta)

Over the past two decades we have watched battles over energy and natural resources play out very publicly in Alberta and across Canada. Those battles have had real consequences for our energy industry and major infrastructure development.       Read more: https://tinyurl.com/4a2362ce  

Canadian refineries have never made so much off diesel as 'Crackageddon' mounts (Canada)

Refineries have never made so much from diesel. The gap between what they pay for a barrel of oil and what they get back for the refined fuel is at record highs.       Read more: https://tinyurl.com/mvbt5wkk     

Closing roads for construction will cost Edmonton builders more in 2027 (Edmonton)

Construction companies that close roads to complete their builds will be paying more next year for the privilege, which City of Edmonton officials hope will reduce how long motorists are forced to navigate around them.       Read more: https://tinyurl.com/5x956h64