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Alberta

Macklem says 2024 likely to be ‘transition’ year as economy slows, inflation falls

Macklem says 2024 likely to be ‘transition’ year as economy slows, inflation falls

OTTAWA — Bank of Canada governor Tiff Macklem says he expects 2024 to be a transition year as higher interest rates slow down the economy, making way for lower inflation.
Artis REIT puts Western Canada retail portfolio on the block

Artis REIT puts Western Canada retail portfolio on the block

Sale aims to improve performance for unitholders
Calgary leads Western Canada's multifamily rental market

Calgary leads Western Canada's multifamily rental market

Rents are rising faster as sales of apartment buildings and condos hit a record high and more people move into the city
Frank O'Brien (1949-2023)

Frank O'Brien (1949-2023)

Western Investor editor was a spirited and prolific writer about B.C. real estate.
'Fog of work from home' shifting real estate lenders' views on office properties

'Fog of work from home' shifting real estate lenders' views on office properties

Real estate lenders drawing a bead on industrial and purpose-built rental properties.
‘Haven't seen this since the `80s.’: Canadian real estate lenders look to 2024

‘Haven't seen this since the `80s.’: Canadian real estate lenders look to 2024

Vancouver remains one of the top markets when it comes to real estate lender appetite in Canada, according to CBRE Canada survey
Smith invokes sovereignty act on green electricity, concedes it's for symbolic effect

Smith invokes sovereignty act on green electricity, concedes it's for symbolic effect

EDMONTON — Premier Danielle Smith invoked Alberta’s sovereignty act on Monday to implement new measures in her fight against Ottawa’s looming clean electricity rules while conceding she didn't need the act to put the changes in place.
Blackfalds milk processing plant on track for 2025 completion date

Blackfalds milk processing plant on track for 2025 completion date

Site activity ramping up following selection of lead contractor
Cities call for infrastructure funding to build homes, fiscal update sparks dismay

Cities call for infrastructure funding to build homes, fiscal update sparks dismay

OTTAWA — The federal government's fiscal update has sparked disappointment among many who were hoping for big action on housing, including municipal leaders.
Alberta solar projects won't eat into food-producing land

Alberta solar projects won't eat into food-producing land

Alberta's plans for a net-zero future require a sliver of the province's total farmland