April 2013 Prairie Economic Fundamentals
- Thread starter Ally
- Start date
- Joined
- Mar 24, 2009
- Messages
- 16,743
- Joined
- Mar 24, 2009
- Messages
- 16,743
As City of Regina looks to increase rental vacancies, rooming houses draw fire
REGINA ` Brian Black started noticing the change about 18 months ago.
The once-quiet house across from his suddenly became busier, he says, with up to 10 people who lived there coming and going at all hours.
Read the full article here.
REGINA ` Brian Black started noticing the change about 18 months ago.
The once-quiet house across from his suddenly became busier, he says, with up to 10 people who lived there coming and going at all hours.
Read the full article here.
- Joined
- Mar 24, 2009
- Messages
- 16,743
Alberta crude may soon be shipped through Churchill
DAUPHIN, Man. ` With proposed pipelines to the south and west in jeopardy, Alberta crude could soon be moving through the Port of Churchill, says a spokesperson for the port.
Brad Chase, president of OmniTRAX Canada, which operates the port and a rail line from The Pas, Man., to Churchill, said his firm has been working with oil companies for nearly a year, and a shipping agreement may be imminent.
Read the full article here.
DAUPHIN, Man. ` With proposed pipelines to the south and west in jeopardy, Alberta crude could soon be moving through the Port of Churchill, says a spokesperson for the port.
Brad Chase, president of OmniTRAX Canada, which operates the port and a rail line from The Pas, Man., to Churchill, said his firm has been working with oil companies for nearly a year, and a shipping agreement may be imminent.
Read the full article here.
- Joined
- Mar 24, 2009
- Messages
- 16,743
- Joined
- Mar 24, 2009
- Messages
- 16,743
Raising the rent in Winnipeg is a good sign
Net rental rates have hit a new high in one of the city's premier downtown office towers as landlords start to play catch up after nearly a decade of little or no increases.
The owners of 360 Main -- Winnipeg-based Artis Real Estate Investment Trust -- recently began asking a net rate of $20 per square foot for space in the highrise portion of its 32-storey building on the southwest corner of Portage Avenue and Main Street.
Read the full article here.
Net rental rates have hit a new high in one of the city's premier downtown office towers as landlords start to play catch up after nearly a decade of little or no increases.
The owners of 360 Main -- Winnipeg-based Artis Real Estate Investment Trust -- recently began asking a net rate of $20 per square foot for space in the highrise portion of its 32-storey building on the southwest corner of Portage Avenue and Main Street.
Read the full article here.
- Joined
- Mar 24, 2009
- Messages
- 16,743
Winnipeg wallets are getting lighter
WINNIPEG homeowners now fork over upwards of $300 more a year than they did a few years ago due to annual city tax and rate hikes.
In 2011, the city continued the property-tax freeze but frontage levies rose to $3.75 per frontage foot from $2.55 per foot, a move that cost homeowners of 50-foot lots an additional $60. Two subsequent property-tax hikes followed -- 3.5 per cent in 2012 and 3.87 per cent in 2013 -- which cost the average city homeowner an extra $57 this year and between $48 and $60 in 2012, depending on a home's assessed value.
Read the full article here.
WINNIPEG homeowners now fork over upwards of $300 more a year than they did a few years ago due to annual city tax and rate hikes.
In 2011, the city continued the property-tax freeze but frontage levies rose to $3.75 per frontage foot from $2.55 per foot, a move that cost homeowners of 50-foot lots an additional $60. Two subsequent property-tax hikes followed -- 3.5 per cent in 2012 and 3.87 per cent in 2013 -- which cost the average city homeowner an extra $57 this year and between $48 and $60 in 2012, depending on a home's assessed value.
Read the full article here.
- Joined
- Mar 24, 2009
- Messages
- 16,743
Regina sets 10 straight building records
When Premier Brad Wall takes the stage at the Saskatchewan Real Estate Forum this month he'll be addressing perhaps the most confident real estate crowd in Canada.
"The last five years in Regina have been better than the preceding 15 years," said Karin Developments Ltd. president Kevin Reese, a Forum panelist who isn't surprised at the action in a city where building permits have set annual records for 10 years and property values have soared.
Read the full article here.
When Premier Brad Wall takes the stage at the Saskatchewan Real Estate Forum this month he'll be addressing perhaps the most confident real estate crowd in Canada.
"The last five years in Regina have been better than the preceding 15 years," said Karin Developments Ltd. president Kevin Reese, a Forum panelist who isn't surprised at the action in a city where building permits have set annual records for 10 years and property values have soared.
Read the full article here.
- Joined
- Mar 24, 2009
- Messages
- 16,743
Saskatchewan drilling to increase 3% this year
Saskatchewan's projected oil and natural gas well count has been increased by three per cent for a total of 3,286 wells this year, according to the latest update to the 2013 Canadian drilling activity forecast by the Petroleum Services Association of Canada (PSAC).
Read the full article here.
Saskatchewan's projected oil and natural gas well count has been increased by three per cent for a total of 3,286 wells this year, according to the latest update to the 2013 Canadian drilling activity forecast by the Petroleum Services Association of Canada (PSAC).
Read the full article here.