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Alberta

Alberta tempers lockdown with expanded relief

Alberta tempers lockdown with expanded relief

Alberta issues last call for bars and restaurants, curtails retail, but expands business aid package as virus cases soar
‘Mortgage rate at 100-year low’ as variable offered at 0.99 per cent

‘Mortgage rate at 100-year low’ as variable offered at 0.99 per cent

A sub-1 per cent mortgage – lowest ever – further evidence that rock-bottom lending could remain until 2024, analysts say
Calgary has 21 vacant office towers, four of them downtown

Calgary has 21 vacant office towers, four of them downtown

Total office vacancy now nearly 12 million square feet – the equivalent of 275 acres – as more than a score of towers sit empty from downtown to the suburbs
Calgary pitched to Vancouver’s condo investors

Calgary pitched to Vancouver’s condo investors

No rent controls and much lower prices could open a positive cash-flow exit from West Coast headwinds, Alberta developer says
Alberta retailers face partial lockdown

Alberta retailers face partial lockdown

Premier rules retail businesses may remain open but capacity limited to 25 per cent of capacity as province battles record virus cases
Perceptions of crime worse than reality

Perceptions of crime worse than reality

A Western Canadian survey finds reported crime stats are flat, yet more than 40 per cent think crime is accelerating
Biden seen better for Canada’s energy sector

Biden seen better for Canada’s energy sector

" [U.S. president-elect] Joe Biden could be very good for Alberta,” says Christopher Sands, director of the Wilson International Center’s Canada Institute
Suncor making big move into Calgary

Suncor making big move into Calgary

Some of the 700 working in Ontario offices will be transferred west to a “more efficient, effective and integrated” location by 2021
Alberta delivers 'tax holiday' for oil drillers, pipelines

Alberta delivers 'tax holiday' for oil drillers, pipelines

Three-year tax break is intended to “attract investment and create good jobs,” said Municipal Affairs minister Tracy Allard
U-Haul plans 700 storage units at Calgary Sun site

U-Haul plans 700 storage units at Calgary Sun site

Plans call for about 700 storage lockers at 2.6-acre vacant Postmedia property that U-Haul bought October 5