These are the 11 countries with the safest banks in the world. Guess which one is #1 AGAIN! The World Economic Forum's recently-released Global Competitiveness Survey offers a bundle of indicators to show the health of a country's institutions. One of those is the perceived safeness of banks...

Calgarians resilient despite recent downturn. "not Their First Economic Rodeo" Respondents to the Calgary Foundation’s ninth annual Vital Signs survey gave the city an overall B grade, meaning they are generally satisfied with life in Calgary but indicating there’s room for improvement...

Edmonton will skirt recession, city's chief economist says. REIN Members, this coming ACRE weekend will tell you exactly what to do with this information. It is NOT what you think Edmonton’s large public sector and diversified local economy will enable it to narrowly duck the oil-driven...

U.S. shale oil is staring into the abyss and OPEC will push it over the edge In this instance the most profitable producers are Saudi Arabia and its close Gulf Arab allies who effectively control the Organization of the Petroleum Exporting Countries (OPEC). To their credit, shale drillers and...

What the Canadian election will mean for the energy and power sectors across Canada Read the full article here.

There’s that word “Surprising” again. Just who is it surprising to? Canadian housing starts surged unexpectedly in September while new home prices also beat forecasts in August, prolonging a housing boom in the country despite signs of weakness in other parts of the economy. Groundbreaking on...

Look at Hamilton go! Continuing to lead the pack in new home real estate market increases while Toronto-Oshawa not too shabby either. The combined region of Toronto and Oshawa was the top contributor to the increase, with prices up 0.6% over the previous month. Builders reported market...

Gas plant near Dawson Creek will be the largest in decades Western Canada's largest gas plant in 30 years will be built in the middle of an oil downturn. On Tuesday, Veresen Midstream announced plans to build its $860 million Sunrise Gas plant near Dawson Creek. The plant will deliver 400...

Btw, higher taxes don't end up creating more tax revenue over long term Read the full article here.

Shopify expansion in Waterloo Region to employ 300 The business world has changed and there’s no going back. If anyone is living proof of this statement, it’s Tobias Lütke, CEO of Shopify, the Ottawa-based e-commerce juggernaut that announced a major expansion of its Waterloo Region operations...

Perspective is everything: Only two recessions in Calgary since 1987 and both more severe than 2015 forecast “It’s going to be a recession, but by no means I don’t think is this going to be the worst one the city or the province has ever seen,” said Todd Hirsch, chief economist with ATB...

Saskatchewan welcomes Trans Pacific partnership deal Premier Brad Wall is applauding today’s announcement from Atlanta of an agreement, and Canada’s participation in the Trans Pacific Partnership (TPP), one of the most ambitious free trade agreements in history. Negotiations involving 12...

News articles for October 2015.

Suburbs on the upsurge? Those with good transit will win, others to whither PwC Canada in a report out Wednesday suggests the urbanization trend across the country remains strong but dismisses the idea that the suburbs are in decline. “Last year’s report was all about the condo craze and the...

Interesting perspective: Canada has done so well on the economy that the 3 parties fear to change course Read the full article here.

Why interest rates will stay low, and what that means for your retirement security Read the full article here.

Canadian banks ranked world’s soundest for 8th straight year Economic stability of country plays role Canada’s banks were ranked the world’s soundest by the World Economic Forum for the eighth year in a row, even as rising housing prices may present a risk. The country’s banking system, which...

Wait, are you saying the Liberal govt in Ontario is cutting funds to education and healthcare, despite that going against their election promises. Hmmmm Ontario doctors are going digital in their fight against a looming fee cut, using social media to highlight their heavy workloads and long...

Nordia plans to hire 45 more at Orillia centre Nordia Inc. is celebrating its second anniversary in Orillia by growing its customer service centre again. The company has immediate openings for at least 45 new full-time customer service representatives and has launched a recruitment campaign to...

City says Guelph has an affordable housing deficit GUELPH — Guelph has a significant affordable housing deficit, says a new city report. But a new city strategy is being crafted to address the problem that is influenced by a number of contemporary circumstances and future projections. The...