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Alberta

UK paper giant enters Alberta with Hinton mill purchase

UK paper giant enters Alberta with Hinton mill purchase

Deal follows staff, production cutbacks in 2022
Rimrock Resort $170M sale caps heady half for hotel deals

Rimrock Resort $170M sale caps heady half for hotel deals

Oxford’s off-market deal signals a post-pandemic recovery in asset investments during first six months of 2023
Deloitte report forecasts oil prices to rise modestly over next three months

Deloitte report forecasts oil prices to rise modestly over next three months

CALGARY — A report by Deloitte Canada forecasts crude oil prices will increase modestly over the next three months. The report by the firm's resource evaluation and advisory group says lower supply will begin to drain global crude inventories.
CBRE report says office vacancy rate in Q2 rose to highest level since 1994

CBRE report says office vacancy rate in Q2 rose to highest level since 1994

TORONTO — The national office vacancy rate in Canada climbed in the second quarter to its highest level since 1994, according to a report by commercial real estate firm CBRE. The firm said Tuesday that the national office vacancy rate rose to 18.
High costs detour immigrants away from B.C. and into Alberta

High costs detour immigrants away from B.C. and into Alberta

Alberta – with GDP growth twice as high as B.C. and housing prices more than twice as low – is attracting a record number of immigrants
Comment: Prairie cities offer thousands of homes priced under $200,000

Comment: Prairie cities offer thousands of homes priced under $200,000

Affordable housing is not an illusion in Saskatchewan, Manitoba or Alberta
Edmonton on a real estate roll as Exhibition Land sales start

Edmonton on a real estate roll as Exhibition Land sales start

City has seen $800 million in commercial real estate transactions through the first quarter as nearly 200 properties sold
Canada's wildfire season just became the worst ever recorded

Canada's wildfire season just became the worst ever recorded

So far this year, wildfires in Canada have burned an area more than double the size of Vancouver Island. The record comes just as the core season begins.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Collision tech conference Global technology conference Collision will open in Toronto on Monday.
Comment: Coming together, literally, can solve our housing crisis

Comment: Coming together, literally, can solve our housing crisis

We can create the friendly, inclusive, and affordable intergenerational housing that as humans we crave and, as a society, we need