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  1. Ally

    October 2015 Alberta Economic Fundamentals

    Report finds #Alberta with most expensive rental housing in Canada The Canadian Rental Housing Index April 2015 survey ranks Fort McMurray the most expensive place to rent a home in Canada. Alberta’s average monthly rate was $1,079 while Fort McMurray’s was $2,148. It also found 38.6 per cent...
  2. Ally

    October 2015 Alberta Economic Fundamentals

    Suncor bids to take over Canadian Oil Sands, offering stock worth $4.3 billion Read the full article here.
  3. Ally

    October 2015 Economic Fundamentals

    Canada signs on to huge Trans-Pacific trade deal Read the full article here.
  4. Ally

    October 2015 Economic Fundamentals

    When one begins to step back and analyze where policies that SOUNDED good in theory actually play out in the real world, it can get quite concerning such as we are seeing in Ontario Read the full article here.
  5. Ally

    October 2015 Economic Fundamentals

    Canada signs on to huge Trans-Pacific trade deal Read the full article here.
  6. Ally

    October 2015 Economic Fundamentals

    Canada signs on to huge Trans-Pacific trade deal Canada has signed on to the Trans-Pacific Partnership trade deal, which creates the largest trading bloc in the world. The federal government will also spend billions of dollars to support Canadian farmers as part of an accord that will have...
  7. Ally

    October 2015 Economic Fundamentals

    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...
  8. Ally

    October 2015 U.S. Economic Fundamentals

    U.S. job growth disappoints, raising doubts of Fed rate hike; or US economic recovery U.S. employers slammed the brakes on hiring over the last two months, raising new doubts the economy is strong enough for the Federal Reserve to raise interest rates by the end of this year. Payrolls outside...
  9. Ally

    October 2015 Alberta Economic Fundamentals

    Calgary real estate market creates ‘accidental landlords’ forced to rent instead of sell.. These untrained landlords have the potential to cause chaos in the market and let's hope they learn how to screen tenants CALGARY – The real estate market in Calgary has left some people without a lot...
  10. Ally

    October 2015 Economic Fundamentals

    Approval of Enbridge’s Line 9 applauded by #Quebec refineries The owners of the two Quebec refineries readying for shipments of Western Canadian crude say the National Energy Board’s decision to approve Enbridge Inc.’s Line 9 project will provide a long-awaited boost to their bottom lines...
  11. Ally

    October 2015 Economic Fundamentals

    Canadian home prices are growing at one of the fastest paces in the world The surge in Canadian home prices in the second quarter of 2015 ranked among the biggest gains in global real estate markets, a Scotiabank study said Thursday. With an 8.2 per cent rise year over year, Canada registered...
  12. Ally

    October 2015 Alberta Economic Fundamentals

    Only two recessions in Calgary since 1987 and both more severe than 2015 forecast. History of binge and purge “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...
  13. Ally

    October 2015 Alberta Economic Fundamentals

    Alberta recession not stopping Canadians from moving to the province Between April and June, more than 31,000 people came to Alberta from other provinces, said Hirsch, citing Statistics Canada numbers released Tuesday. About 23,000 packed up and left for greener pastures elsewhere in Canada...
  14. Ally

    October 2015 Alberta Economic Fundamentals

    Result of AB gov't inaction? “This year alone we’re going to spend about $1.1 billion in Saskatchewan,” says Crescent Point Energy Crescent Point Energy isn’t about to let one of the biggest slumps in oil prices in recent history keep it down. Instead, Canada’s fifth-largest oil company is...
  15. Ally

    October 2015 Alberta Economic Fundamentals

    TransAlta cuts 239 head office employees in Calgary to save money Earlier this year, TransAlta “improved productivity” at its Canadian coal and mining business unit by reducing the head count by 247 employees and optimizing mine operations, changes which are expected to reduce annual costs by...
  16. Ally

    October 2015 Alberta Economic Fundamentals

    Everyone NEEDS clarity: International Investors ‘urge’ Alberta to speed up royalty regime, climate policy: Notley International investors have “urged” the Alberta government to move quickly on royalty regime and climate change policy changes, Premier Rachel Notley said Tuesday. “They were...
  17. Ally

    October 2015 Economic Fundamentals

    Only two recessions in Calgary since 1987 and both more severe than 2015 forecast. History of binge and purge “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...
  18. Ally

    October 2015 Economic Fundamentals

    Alberta recession not stopping Canadians from moving to province Between April and June, more than 31,000 people came to Alberta from other provinces, said Hirsch, citing Statistics Canada numbers released Tuesday. About 23,000 packed up and left for greener pastures elsewhere in Canada during...
  19. Ally

    October 2015 Economic Fundamentals

    TransAlta cuts 239 head office employees in Calgary to save money Earlier this year, TransAlta “improved productivity” at its Canadian coal and mining business unit by reducing the head count by 247 employees and optimizing mine operations, changes which are expected to reduce annual costs by...
  20. Ally

    October 2015 Economic Fundamentals

    Everyone NEEDS clarity: International Investors ‘urge’ Alberta to speed up royalty regime, climate policy: Notley International investors have “urged” the Alberta government to move quickly on royalty regime and climate change policy changes, Premier Rachel Notley said Tuesday. “They were...
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