MB Economic Fundamentals 2008-10

  • joeiannuzzi

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    From: Calgary

    What's Behind the Curtain?
    Manitoba

    2008-10

    Daily Online Edition

    MB Economic Fundamentals 2008-10


    The following codes will be at the top of each post using an eight sequence alphanumeric description of the month, year and area:

    MMYYAREA


    1008MTBA = Oct 08 Manitoba

    1008WNPG = Oct 08 Winnipeg

    1008PORT = Oct 08 Portage La Prairie


    If you wish to view only one area, you can use the advanced search mode and select the "Result Type" > "Show results as posts".


    I have also color coded each area along with the caption to make it easier for you to simply scroll through the posts and locate the ones you are interested in.

    All the small towns that have online newspapers are covered on Sundays.
    If you want something you've never had, you must do something you've never done.

  • joeiannuzzi

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    From: Calgary

    10008PORT

    Townhouse upgrades behind schedule

    The large-scale renovation project underway at Chelsea Terrace has fallen behind schedule, and both developers and tenants are watching the progress closely and planning their next move.

    For some of the residents, this delay means extra time to find another home, and some plan to leave the city altogether.

    Patrick Penner, of Hudson Ventures Inc. in Winnipeg, acknowledged progress on the renovations has been slow. He previously told The Daily Graphic he wanted the first seven units to be ready by Oct. 1, but acknowledged Monday construction is delayed.

    http://www.portagedailygraphic.com/Article....aspx?e=1225798
    If you want something you've never had, you must do something you've never done.

  • joeiannuzzi

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    From: Calgary

    1008WNPG

    Mansion's price tag sets Winnipeg record


    It appears to be the mother of all Winnipeg mansions, with an equally hefty price.

    The 9,000-square-foot home at 761 Wellington Cres. is up for sale, priced at $3.25 million -- a record high for Winnipeg. "For the Winnipeg market, it's a good price. In Toronto, Vancouver, or Oakville, Ont., that house would cost $12 million to $15 million. It's an amazing deal," said realtor Gary Bachman.

    http://www.winnipegsun.com/News/Winnipeg/2...936501-sun.html
    If you want something you've never had, you must do something you've never done.

  • joeiannuzzi

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    From: Calgary

    1008WNPG

    Tories want changes in plan for renewal tax

    Tory Opposition Leader Hugh McFadyen demanded Wednesday the Doer government put the brakes on a bill designed to spruce up neglected parts of the city, saying it could evolve into a cash pot for NDP pet projects.

    McFadyen said he wants the pending Tax Increment Financing (TIF) bill re-jigged so that it can only be used only for specific urban renewal projects -- not for every whim and fancy of the New Democrats.

    "What we don't want to do is give them a blank cheque," McFadyen said. "If you start to apply it to every project that comes down the path, you open it up to potential abuse."

    http://www.winnipegfreepress.com/local/sto...p-4875193c.html
    If you want something you've never had, you must do something you've never done.

  • joeiannuzzi

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    From: Calgary

    1008WNPG

    Lakeview plans hotel near centre

    IT only took a matter of minutes for the first spin-off from the $200-million expansion of the Winnipeg Convention Centre to go on record.

    Lakeview Management will build a seven-storey, 80-room hotel on the southwest corner of Edmonton Street and St. Mary Avenue across from the convention centre, its CEO, Jack Levit, said after attending the press conference announcing the expansion.

    http://www.winnipegfreepress.com/local/sto...p-4875797c.html
    If you want something you've never had, you must do something you've never done.

  • joeiannuzzi

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    Posts: 12,691
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    From: Calgary

    1008MTBA

    Manitoba sees productivity gains

    Manitoba racked up the biggest labour productivity gain of any province west of Quebec in 2007, according to a new report released Thursday by the Institute of Chartered Accountants of Manitoba. The ICAM said labour productivity, which measures the efficiency of the province's workforce, grew by 1.6 per cent last year. Not only was that best performance among the four western provinces and Ontario, but it was more than double Canada's average growth rate of 0.7 per cent.

    The strong showing also gave Manitoba the best labour productivity growth rate for the five-year period between 2002 and 2007, at 8.0 per cent.

    http://www.winnipegfreepress.com/subscribe...p-4875779c.html
    If you want something you've never had, you must do something you've never done.

  • joeiannuzzi

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    From: Calgary

    1008MTBA

    Retailers are still optimistic

    MANITOBA retailers are forecasting continued sales growth in the coming months -- but not at quite the same heady pace as in the past two years, according to the Retail Council of Canada.

    A slowing Canadian economy and worries about the spillover effect here of the U.S. financial crisis has hit store owners just as they're gearing up for their busiest season of the year.

    All the bad news can't be good for consumer confidence in Manitoba. The question is, how will it affect sales in the coming months?

    http://www.winnipegfreepress.com/subscribe...p-4876312c.html
    If you want something you've never had, you must do something you've never done.

  • joeiannuzzi

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    From: Calgary

    1008MTBA

    Toews makes $15-M promise to Manitoba

    MANITOBA'S federal cabinet minister, Vic Toews, made a $15-million economic promise Saturday in St. Boniface riding, a constituency his Conservative party hopes to wrest away from the Liberals in the quest for a majority in the general election less than two weeks away.

    Recent poll results suggest the Tories may have stalled short of the 155 seats necessary for a majority and the last 10 days of the campaign will see a push for a breakthrough.

    Toews, with St. Boniface Tory candidate Shelley Glover standing nearby, promised that if his Conservative Party is re-elected it will reinstate $15 million he says was cut in Manitoba by an earlier Liberal government.

    http://www.winnipegfreepress.com/local/sto...p-4876817c.html
    If you want something you've never had, you must do something you've never done.

  • joeiannuzzi

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    From: Calgary

    Manitoba Small Town Updates: 2008-10-05
    If you want something you've never had, you must do something you've never done.

  • joeiannuzzi

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    Posts: 12,691
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    From: Calgary

    1008MTBA

    Population milestone

    WINNIPEG — It has taken Manitoba 20 years to gain 100,000 more citizens, but the province's chief statistician predicts it will likely only take eight more years to gain another 100,000.

    Statistics Canada figures released Monday revealed Manitoba's population as of July 1 is estimated at 1,207,959 people, and the province is growing at a rate — 0.4 per cent in the latest quarter — not seen since the early 1980s.

    Manitoba reached the 1 million mark in March 1972, and had 1.1 million people in January 1988.

    http://www.portagedailygraphic.com/Article....aspx?e=1226465
    If you want something you've never had, you must do something you've never done.

  • joeiannuzzi

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    Posts: 12,691
    Joined: 2 Sep 2007
    From: Calgary

    1008WNPG

    COMMERCIAL REAL ESTATE Industrial developers worried

    Winnipeg industrial developers are casting a nervous eye south of the border as they consider their construction options for 2009.

    The developers are worried about what kind of impact the U.S. financial crisis and credit crunch will have on the Canadian and U.S. economies in the coming months.

    "If the economy slows down, then our tenants likely aren't going to need to expand, so they'll be less likely to make the jump (to new quarters)," Darcy Payne, general manager of the Winnipeg office of Bentall Real Estate Services -- the city's largest industrial landlord -- said in an interview.

    http://www.winnipegfreepress.com/subscribe...p-4877860c.html
    If you want something you've never had, you must do something you've never done.

  • joeiannuzzi

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    Posts: 12,691
    Joined: 2 Sep 2007
    From: Calgary

    1008PORT

    Downtown biz not bothered by parking meter hike

    A plan by city council to hike the price of parking at downtown meters does not bother the Portage and District Chamber of Commerce or some downtown businesses.

    Chamber president Chris Tompkins said the city's proposed new rate for parking meters — 25 cents for a half hour of parking — will not be high enough to deter downtown shoppers, and he added the meters are needed to make sure the shoppers have a space to park their cars when they go downtown.

    http://www.portagedailygraphic.com/Article....aspx?e=1234660
    If you want something you've never had, you must do something you've never done.

  • joeiannuzzi

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    Posts: 12,691
    Joined: 2 Sep 2007
    From: Calgary

    1008WNPG

    City eyes $90-million loan to finance bus corridor

    Winnipeg plans to borrow almost $90 million to pay for the first phase of the city's new bus corridor -- and doesn't expect to pay off the loan until 2039.

    Winnipeg Transit is preparing to take out a 30-year loan to finance all but $48 million of the $138-million cost of a 3.6-kilometre bus corridor that will run between The Forks and Jubilee Avenue, according to a report released on Monday.

    In September, when Mayor Sam Katz and Premier Gary Doer announced the $138-million bus rapid-transit plan, details about the financing were unclear.

    http://www.winnipegfreepress.com/local/sto...p-4878336c.html
    If you want something you've never had, you must do something you've never done.

  • joeiannuzzi

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    Posts: 12,691
    Joined: 2 Sep 2007
    From: Calgary

    1008WNPG

    House prices continue to increase

    THE owners of two-storey homes in Westwood and bungalows in northwest Winnipeg are some of the biggest winners as Winnipeg's resale-homes market continues to rack up record-breaking numbers.

    Westwood was the Winnipeg neighbourhood that saw the biggest year-over-year increase in average selling prices for two-storey homes during the third quarter of this year -- up 22.6 per cent, according to the latest national house prices survey from Royal LePage Real Estate Serices.

    And northwest Winnipeg saw the biggest increase in selling prices for a standard bungalow, at 15.8 per cent.

    http://www.winnipegfreepress.com/subscribe...p-4878345c.html
    If you want something you've never had, you must do something you've never done.

  • joeiannuzzi

    Status: Forum Member

    Posts: 12,691
    Joined: 2 Sep 2007
    From: Calgary

    1008MTBA

    Labour dispute may slow grain exports

    WINNIPEG (Reuters) -- A labour dispute on the St. Lawrence Seaway could slow grain exports headed east from Canada's main Prairie growing region and pressure prices, the Canadian Wheat Board said on Tuesday.

    The CWB, one of the world's largest wheat exporters, said it wants the federal government to legislate continued grain movement if contract talks break down between St. Lawrence Seaway Management Corp. and 445 workers belonging to the Canadian Auto Workers union. The union has a mandate to strike with 72 hours' notice at any time after Friday.

    http://www.canada.com/saskatoonstarphoenix...67-92e0b1575641
    If you want something you've never had, you must do something you've never done.

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