No sign of slowdown in Vancouver commercial real estate sales either Read the full article here.

A very interesting read and perspective from Stephen Poloz of the Bank of Canada Read the full article here.

Stephen Poloz says economy will bounce back from oil plunge: ‘Canada has seen this movie before’ OTTAWA — It was a pep talk, directed at the core of Canada’s economic downturn. The country has lived through previous swings in energy fortunes, Steven Poloz told a Calgary business audience on...

Alberta the only province to see year-over-year drop in wages Alberta was the only province to see wages drop from year-ago levels in July, Statistics Canada said Thursday. It said average weekly earnings for non-farm payroll employees were $1,140.56 in July — still the highest in Canada but...

Slower commercial property sales in Calgary due to drop in oil price In much of Western Canada, the fall in oil prices has led to slower activity in commercial property markets in the first half of 2015, says a report released Thursday by RE/MAX. The report said the impact of the drop in oil...

Imperial Oil able to cut spending on operations due to supplier cost drops Read the full article here.

Halliburton to cut management layers in North America as oil bust continues Halliburton Co., the world’s second-largest oilfield services provider, told employees that more jobs are being cut in North America, the region hardest hit by the yearlong crude crash. The Houston-based company, which...

LRT delays? Project faces challenges in Kitchener and Waterloo Officials say they're confident quality issues with Bombardier streetcars that have plagued the Toronto Transit Commission (TTC) won't be a problem here and delay the project. "We're not at a stage where we're litigating or having...

Metrolinx evaluating 50 new potential GO station locations Metrolinx is evaluating 50 potential sites for new GO stations, including those identified in Toronto Mayor John Tory’s SmartTrack plan, in an effort to grow ridership and provide GO customers with more choices. It’s not yet clear how...

Big changes coming to Whyte Avenue in Edmonton. Is this a continued sign of renewal and confidence that the market will rebound despite low oil prices? Calgary-based Wexford Developments unveiled plans Tuesday to build the 132,000-square-foot Raymond Block on Whyte at 105th Street. The name...

Orillia Community Improvement Plan to be discussed further at October meeting For every dollar the city provides as an incentive through a proposed Community Improvement Plan (CIP), $9 in private investment can be expected. That's the experience of Luciano Piccioni, president of RCI Consulting...

P.E.I. renters will see no increase in 2016 The Island Regulatory and Appeals Commission has set the allowable percentage rent increase for 2016 at zero. This applies to heated and unheated premises and mobile home park sites. Read the full article here.

City council approves 178-unit rental housing project in Vancouver West End A major rental housing development in downtown Vancouver’s West End neighbourhood received the green light from Vancouver City Council last week. The 190-foot-tall, 21-storey tower plan for 1754-1772 Pendrell Street...

Todd Hirsch says Alberta's economy could recover in 2016 The worst of the economic downturn could soon be over for Alberta's energy sector, according to the chief economist at ATB Financial. There are signs the province will rebound enough to see modest growth by the second half of 2016, Todd...

Alberta economy to contract more than expected this year In its new Provincial Outlook, the bank said that due to “deteriorating conditions over the summer” Alberta’s economy is now expected to contract by 1.3 per cent in 2015 compared to the June forecast of a one per cent drop in real gross...

Positive signs for economy despite energy sector weakness TORONTO - Ongoing weakness in the energy sector has prompted RBC Economics to downgrade its latest forecast for the Canadian economy. It says Canada's real GDP is projected to grow 1.2 per cent this year -- down from its June prediction...

Average property prices in Canada set to rise by 2% in 2015 The national average property price in Canada is forecast to increase by 2% to $442,400 in 2016, according to the latest forecast from the Canadian Real Estate Association. But there is likely to be regional variation. For example...

Are you ready for a Sunshine Coast property demand boom? The Government of B.C. will study the costs and benefits of a possible highway link between the Sunshine Coast and Metro Vancouver, Transportation and Infrastructure Minister Todd Stone announced today. Read the full article here.

If you don't view your suites often, you never will know THIS until it is too late. YIKES They were too good to be true — but more than $14,000 in repairs later, Sean and Miranda Fyfe are shocked at just how bad their tenants could be. “It’s astounding the amount of damage they could cause in...

Will this cause a resurgence? #Cambridge proposes nearly $350 million in capital spending over next decade CAMBRIDGE — A new recreation complex, a new fire station and millions of dollars in downtown core improvements are among the proposed projects in Cambridge's ten-year capital forecast...