Alberta

"Immigrants are absolutely essential to Canada," says Mainstreet Equity Corp. CEO

First meeting of city’s entire commercial real estate sector since price of oil began its plunge a year ago

Typical Calgary first time buyer pays $370,000, compared to $420,000 in Vancouver, and face no land transfer tax

Robert Palmer, CFO of Calgary-based Northern Properties Real Estate Investment Trust.

Sublease surge adds to vacancies Calgary’s office sector is experiencing déjà vu as plunging oil prices threatened to darken more office space in a city where a near record level of office construction is underway.

Our readers report on recent commercial real estate sales across Western Canada Melcor REIT snaps up $138M portfolio Alberta-based Melcor Developments Ltd.

The Canada Pension Plan Investment Board bought a $200-million stake in Edmonton’s Henday Industrial Park.

CPPIB recently took a $200 million stake in an Edmonton industrial development.

Commercial real estate developers and investors rushing to secure low-cost financing amidst fears of higher interest rates are finding a warm welcome this summer from a lot more lenders.

An Okotoks bylaw suggesting a 200-metre distance between adult-oriented businesses and those with conflicting interests passed first reading in the fall and Council is now seeking public feedback before it is presented for second reading this spring.