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Alberta

Lethbridge eyes an elephant

What that will produce in the long-term for the local economy remains to be seen.

Wetaskiwin’s “no bull” guarantee

JEDI is aiming to attract business with a clear-cut marketing campaign and low-cost land. In the last two years the initiative has completed a growth strategy, a new investment guide and a cheeky guarantee for potential investors.

Calgary prime office space posts 1.4 per cent vacancy

Calgary's downtown Class A office space now has only a 1.4 per cent vacancy rate, according to a report from Altus Insite, which believes lease rates and property prices are poised to increase.

Fort Mac incomes 95 per cent higher

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.

Calgary nixes big-box stores at Olympic Park

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.

Oil flow feeds rural growth

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.

Recreation prices down from 2011

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.

Fort Mac’s high rents are easing

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.

Starved for workers

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

High-paying jobs go begging in Edmonton

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.