Alberta

A landlord investor would be better off buying a small apartment block than condominiums if they want to profit in Calgary's red-hot rental market, according to veteran commercial realtor in the city. The rental vacancy rate in Calgary is now 1.

Alberta's best-known former coal mining municipality is again flirting with the mining industry, and the hope that it could someday restart coal production around Crowsnest Pass. Bruce Decoux, mayor of Crowsnest Pass, just east of the B.C.

How things change. A few years back, the worry in Calgary was that the opening of The Bow in the city's downtown core would produce a huge glut of office real estate.

Lethbridge may eventually reap the benefits of increased oil and gas exploration in southern Alberta, but the city doesn't want oilpatch complications for its development sector.

The Town of Canmore has approved a controversial framework agreement that could potentially restart development on the massive Three Sisters project in the Rocky Mountain resort town.

Alberta's second oilsands city is urging the provincial government to consider all the options in its desire to ensure a stable water supply for the growing Lakeland region.

"We've come through a couple of tough years where growth was a little sluggish and fairly picky, you might say," explained Eggerer, who is now watching the industrial/service commercial vacancy rate decline in the Calgary metropolitan-area city.

Alberta will see a 13 per cent increase in MLS housing sales in 2012, bucking a national downward trend and far outpacing B.C., which will see housing sales fall 10.

Calgary-based mega-landlord Mainstreet Equities Corp., which reports a market value of more than $1 billion on its residential rental properties, is now turning to Asia for both materials and labour.

My how things change. A few years back, the worry in Calgary was the opening of The Bow in the city’s downtown core would produce a huge glut of office real estate.