Alberta

Cameron Stephens eyes high-yield mortgage opportunities in B.C. and Alberta as investors shift toward private credit

OTTAWA — Statistics Canada says the amount Canadians owe relative to their income ticked higher in the first quarter as debt grew faster than income. The agency says the ratio of household credit market debt to disposable income rose to 173.

CALGARY — The Alberta government is working to entice a private-sector player to build a major crude pipeline to coastal waters, Premier Danielle Smith said Wednesday.

OTTAWA — An eligible first-time homebuyer could save an average of $26,832 in sales tax on the price of a newly built home under Ottawa's latest housing proposal, the parliamentary budget officer said in a new report on Wednesday.

The ambitious two-phase project aims to connect Cochrane to Canada’s 27,000-kilometre Trans Canada Trail system, with Cochrane as a central hub.

The Town of Cochrane council voted to approve the second and third readings for The Willows housing development, which is now set to begin construction in the Fall.

OTTAWA — The federal government has moved slowly to reduce its office space, a new report by Canada's auditor general said Tuesday.

WASHINGTON (AP) — President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday.

TORONTO — The national average asking rent in May was down 3.3 per cent from a year earlier at $2,129, marking the eighth consecutive month of year-over-year decreases. The monthly report from Rentals.

From the front desk of Hotel Bedford in Goderich, Ont., Lynda Cross welcomes guests from regions ranging from southern Ontario to the South Pacific.