Spending public money on stadiums simply robs taxpayers
It takes from the poor and middle class and gives to the rich
It takes from the poor and middle class and gives to the rich
Delays in housing construction and new phases of development, as well as lower new home sales are forecast to continue in the short term
The number of housing starts in the Calgary region fell by 11 per cent in May from year-ago levels, says the Canada Mortgage and Housing Corporation
Statistics Canada reported that payroll employment in the province in March was down 94,500 positions from April and by 107,900 from March 2019
Annual price movements have been negative since February 2018 in Regina and since July 2018 in Calgary, says Statistics Canada
Housing starts in Calgary of 376 in the single-detached sector were up 102% from a year ago while they rose by 44 % to 374 units in Edmonton
But housing starts in the “all others” category, which include condominiums fell in both the Calgary and Edmonton markets
Residential construction investment in Alberta fell 15.3% year-over-year to $11.7 billion while investment in non-residential declined 4.3% to $8.9 billion
In Calgary, single-detached starts fell by 4% to 259 units while the ‘all other’ category, which is primarily condo/apartments, was down 11% to 383
The industrial real estate market ended 2019 with an availability rate of 8.6 per cent which was slightly down from a year ago
Given expected industry retirements, this demand may leave the province with a shortfall of 23,700 workers by the end of 2029
“This project will also add wonderful and inviting public gathering spaces to our community that will be available to everybody, 365 days a year”
Demand from investors in 2020 driven by continued confidence in Alberta’s industrial real estate market and high Vancouver and Toronto prices