Revived economy to drive up rents in Calgary, Edmonton
As more Albertans find jobs and supply tightens, rental rates will, on average rise about three per cent in Calgary and Edmonton
As more Albertans find jobs and supply tightens, rental rates will, on average rise about three per cent in Calgary and Edmonton
“We’re committed to Alberta, and we’re a Calgary-based company. That’s not going to change.” — Riaz Mamdani, CEO of Strategic Group.
Strategic Group, one of Calgary’s largest integrated property companies, has put 50 of its co-owned properties into creditor protection, citing “a high office vacancy rate” and grim industry forecasts
Investors anticipated that the legalization of cannabis would drive both sales and prices up in the commercial real estate market. It hasn’t happened
The company says it needs clarity on regulatory and permitting process before it can predict when the the U.S. segment of the pipeline goes into service
The worse thing Alberta can do is let the Wexit debate linger. A never-ending debate will only trigger a permanent loss of economic power and status
The move comes as a result of Calgary Co-op’s recent decision to source its groceries from Save-on-Foods
About 578,000 Canadians reported trying cannabis for the first time in the past three months: StatsCan
Nearly 84% of Internet users bought goods or services online in 2018, spending $57.4 billion, up from $18.9 billion in 2012: StatsCan
In the first quarter of 2019, nearly two-thirds of residential mortgages in arrears over 90 days were uninsured: StatsCan
Workers whose main job is in health care and social assistance have the highest incidence of multiple jobholding: StatsCan
Nationally, sales were down 1.2% to $64.3 billion in August, Statistics Canada reports
What will it mean for potential pipeline expansion? What about the economy?