Okotoks: Picture perfect town just outside Calgary has amazing property investment opportunities “It was picture perfect; and the property investment opportunities were amazing.” His commercial property investment has outperformed residential properties handsomely since. “Whatever money I...

Calgary home prices firm despite weak energy prices October 21, Calgary: The effect of drop in oil prices on the real estate sector of Calgary is not as bleak as it seems. According to a report by Royal LePage survey, the diversifying economy of this city has helped in maintaining an assuring...

Home sales fall in Toronto, Vancouver because not enough property on the market The Canadian Real Estate Association offered up the explanation of a shortage of listings in Vancouver and Toronto for a 2.1 per cent seasonally adjusted decline in existing home sales from August to September...

Bank of Canada expects economy to bounce back as it holds firm on interest rate OTTAWA - The Bank of Canada is sticking with its trend-setting interest rate amid expectations the country's economy is bouncing back from the technical recession that kicked off 2015. The central bank said...

Kitchener, Cambridge, and Waterloo housing prices healthy in third quarter of 2015 Waterloo Region - The Royal LePage House Price Survey released yesterday showed healthy price growth across all housing types surveyed in Kitchener, Waterloo and Cambridge. During the third quarter of 2015, the...

Greater Toronto realtors report rental market figures TORONTO, ONTARIO--(Marketwired - Oct 16, 2015) - Toronto Real Estate Board President Mark McLean announced that there were 9,635 condominium apartment rental transactions reported through TREB's MLS® System in the third quarter of 2015. This...

Idea Quarter takes shape in former Blackberry buildings in Waterloo WATERLOO — The Waterloo Innovation Network has plans to transform the former BlackBerry properties near Phillip and Columbia streets into a mixed-use, high-density technology cluster that will include several new buildings. In...

Industrial market report: More vacancy, fewer tenants The effects of a slower economy are starting to show in Regina’s industrial real estate market, as leasing activity has slowed and vacancy rates are on the rise, according to Colliers International’s third-quarter industrial market report...

Manufacturing sales in Alberta continue to slide Statistics Canada said the downward trend was driven by lower sales in the industries of machinery (-14.1 per cent), petroleum and coal products (-2.5 per cent) and fabricated metal products (-7.1 per cent. On a year-over-year basis, sales in the...

Alberta's energy sector: The upside to a downturn Ditch the sticky notes. Bin the markers. Put that giant tablet of paper on a three-legged stand at the back of the storage closet. Office brainstorming is going high tech and Alberta-based companyNureva is on the cutting edge. Read the full...

Vancouver home sales dip 10% in September The association says sales through its Multiple Listing Service were down in more than half of all local markets in September, led by lower sales in Vancouver, Calgary and Toronto. Canadian home prices rose 0.6 percent in September from August, the...

Average property prices up 6.1% in Canada, but sales fall Average property prices across Canada have increased by 6.1% year on year but this figure is being affected upwards by growth in values in Vancouver and Toronto. Indeed the latest monthly property report from the Canadian Real Estate...

Economy adds 12,000 jobs in September, unemployment raises to 7.1% OTTAWA - The Canadian economy added 12,000 jobs in September, but the unemployment rate climbed to its highest level since February 2014 as more people entered the labour force. The gains were entirely to increased part-time...

Oil is in the most severe downturn in decades and the worst is not over, energy giant warns Chief Executive Officer Paal Kibsgaard said in July that a recovery might begin by the end of the year. Now it looks like it will be 2017 before a recovery kicks in, Kibsgaard said in a conference call...

Metro Vancouver assessed home values set to take off in 2016 METRO VANCOUVER -- Single-family home owners in Vancouver and the surrounding area should be prepared for significant increases in property assessments in January, according to BC Assessment. Jason Grant, the Greater Vancouver...

Mayor discusses changes to Orillia Power in latest Municipal Monthly column It’s been a few weeks since council announced the city is entering negotiations with Hydro One that could see $200 million to $300 million in economic impact on the city over the next few years. With a vision of...

What happened at Ottawa city council on Wednesday The cost of on-street parking in Ottawa during the winter is poised to increase steeply. While the price of an annual parking permit will remain $648, the current monthly fee of $59 will change depending on the season: during the summer months...

Permitting secondary suites Secondary suites are an important supply of rental housing in many cities, towns and rural communities across Canada. For example, in 2014, it was estimated that there were about 26,600 secondary units in Vancouver, forming about a fifth of the rental stock. About a...

Fragile states index 2015 We are pleased to present the eleventh annual Fragile States Index. The FSI focuses on the indicators of risk and is based on thousands of articles and reports that are processed by our CAST Software from electronically available sources. We encourage others to utilize...

Pipelines and Politics: Where the parties stand on oil and gas issues If elected, the Liberals will launch an immediate review of Canada’s regulatory process for oil and gas projects, the NDP will work with provinces to put a price on carbon, and the Green Party’s Carbon Fee and Dividend Plan...