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Alberta

UPDATE: Edmonton a renter’s paradise

UPDATE: Edmonton a renter’s paradise

Rents are low, wages are high and investors are buying apartment buildings for around $120,000 per door
Alberta building permits rally while B.C. stumbles

Alberta building permits rally while B.C. stumbles

April sees Alberta surge 9.8 per cent but B.C. building pace slows as residential developers pulled back from March
Switching vacant Calgary offices to housing is ‘viable’

Switching vacant Calgary offices to housing is ‘viable’

Consultant recommends converting six million square feet of empty office space to stop the “hollowing out” of Calgary’s core
Canmore shoots down Three Sisters expansion

Canmore shoots down Three Sisters expansion

Mayor, developer express disappointment after Council nixes plan for 418-acre project that would have nearly doubled Canmore’s population
Alberta small business weary with latest restrictions

Alberta small business weary with latest restrictions

“ I hate to use the word abusive, but it just seems to be an abuse of small business," says pub owner Ken Shebib.
Alberta farmland prices spike close to town

Alberta farmland prices spike close to town

Farmland in Western Canada sells for less than $4,000 per acre but prices can increase eight-fold when land gets close to urban space
Calgary commercial sales rise – but mostly at lower prices

Calgary commercial sales rise – but mostly at lower prices

Sales of land and commercial real estate much higher in Q1, but the total dollar volume is down 26 per cent from a year ago to $525 million
Bluebird packs Alberta into self-storage portfolio

Bluebird packs Alberta into self-storage portfolio

Five Storesmart acquisitions makes Mississauga-based Bluebird the seventh largest self-storage company in Canada
Calgary retailers pop-up in Vancouver

Calgary retailers pop-up in Vancouver

Short-term leases, flexible mall owners help Alberta retailers push quick expansion into B.C fashion and fast-food markets during the pandemic
Mortgage stress test gets more stressful on June 1

Mortgage stress test gets more stressful on June 1

Effective June 1, the federal mortgage stress test increases to 5.25 per cent, or about four times higher than what major lenders are actually charging