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Alberta

Cost of twinning Trans Mountain pipeline soars 70% to $12.6BN

Cost of twinning Trans Mountain pipeline soars 70% to $12.6BN

The project’s one-year delay, which was pegged to add less than $2 billion to final bill, will cost an extra $5.2 billion
Calgary’s vacant downtown office space covers 241 acres

Calgary’s vacant downtown office space covers 241 acres

Nearly a quarter of the downtown office space has now gone dark, but analysts see light when oil pipelines start flowing
Massive Edmonton apartment deals boost city's multi-family market

Massive Edmonton apartment deals boost city's multi-family market

'Every residential REIT in Canada has eyes on Edmonton right now if they are not already here'
Immigrants to Alberta have Canada's highest home ownership rates

Immigrants to Alberta have Canada's highest home ownership rates

Newcomers to province also most likely to believe buying residential real estate is a good financial investment, finds Royal LePage survey
Rental supply and demand both rise in Alberta’s biggest markets

Rental supply and demand both rise in Alberta’s biggest markets

Calgary’s rental vacancy rate remains unchanged while Edmonton’s drops further, as supply fails to outpace new and pent-up demand, says CMHC
Fort McMurray undergoes retail rebranding

Fort McMurray undergoes retail rebranding

Goal is to attract global, big-brand retailers to city with one of the highest average household incomes in Canada
Alberta’s technology incentive losses could be B.C.’s gain

Alberta’s technology incentive losses could be B.C.’s gain

Alberta Premier’s program cuts mean that tech companies considering setting up in less-expensive Alberta are thinking again
Prairie’s CRE horizons will brighten slightly in 2020

Prairie’s CRE horizons will brighten slightly in 2020

Calgary will start a $550 million stadium to replace the aging Saddledome and Winnipeg’s tallest tower completes
Student housing emerging as hot rental sector – even in Alberta

Student housing emerging as hot rental sector – even in Alberta

Foreign students represent wealthy and expanding base of tenants, attracting attention of one of Alberta's biggest landlords
Alberta launches Canadian Energy Centre to ‘tell the truth’ after ‘campaign of lies’

Alberta launches Canadian Energy Centre to ‘tell the truth’ after ‘campaign of lies’

CEC has $30 million budget, which includes Alberta’s $2.5 million inquiry into foreign funding of anti-oil and gas campaigners