Alberta

The average household income last year in Fort McMurray, Alberta was $177,634, according to Statistics Canada. This is 95 per cent higher than the national average and is expected to be even higher in 2012.

A plan for big-box retail development at the base of Canada Olympic Park (COP) slopes has been nixed by the City of Calgary. The proposal, which would have included approximately 22 hectares of land, was voted down by city council in mid-June.

It should be no surprise the last 12 months have brought a bit of a boom back to communities in rural Alberta – at least when one considers the stats in the Energy Resources Conservation Board’s 2011 annual report.

Buying vacation homes in two of Alberta’s most prominent resort communities cost less in early 2012 than it did a year ago, according to Re/Max Real Estate. The trend reflects recreational markets across most of the west.

It may be easier to find a vacant apartment in Fort McMurray these days than it once was, thanks to an increase in vacancy in the oilsands capital, but that doesn’t mean apartments there are exactly affordable.

As the man offering economics wisdom to city officials and business leaders, Rose keeps a close eye on the numbers.

Edmonton employers are having such a hard time finding enough workers, even for high-paying positions, that a labour shortage is threatening a booming economy.

Oil-rich Calgary has seen listing of homes priced at $1 million or more increase 92 per cent this year compared to 2011, the highest increase for luxury home listings in Canada, a recent survey shows.

A judge's decision allowing for an agreement between the Town of Canmore and the receiver overseeing Three Sisters Mountain Village (TSMV) assets is viewed as a necessary step by Canmore's MLA and former mayor, but much still needs to happen before t

Building permit totals for the first four months of 2012 in Lethbridge hit $54.5 million, up almost 49 per cent from 2011.