Albertans taking steps to pay off their mortgage faster
CALGARY ` A survey by Scotiabank shows that 69 per cent of Alberta mortgage holders say it`s possible to pay off their mortgage faster without affecting their lifestyle.
The bank`s Mortgage Landscape Study, released Tuesday, found that 67 per cent of Canadians felt that way.
Property prices and down payments biggest challenges for Alberta first-time homebuyers
CALGARY ` The road to home ownership isn`t what it used to be, according to young homebuyers in Alberta as new research released Tuesday by TD Canada Trust indicates they are the most likely in the country to say property prices are too high and saving for a down payment is a challenge.
The study found Generation Y (or Millennials) identifies three main obstacles to home ownership that weren`t as much of an issue for Boomers: the ability to save for a down payment, housing prices and insufficient salaries.
Toronto, ON, Apr 26, 2013 (PRWeb.com via COMTEX) -- Investors are keeping a close eye on market trends on a weekly basis. New home sales and construction along with how long a home is staying on the market point to potential growth in the housing sector.
Alberta explores possibility of oil pipeline to Arctic
Alberta has turned its eye to Canada`s Arctic as its latest possible avenue to pipe oil out and into the global market.
The province has backed a $50,000 feasibility study to see if it`s physically and financially viable to pump the oilsands bitumen to Tuktoyaktuk, N.W.T., on the Beaufort Sea and the Arctic Ocean.
CALGARY ` For the second year in a row, Alberta has led all provinces in economic growth, according to Statistics Canada.
The federal agency reported Friday that Real Gross Domestic Product growth by industry in the province was 3.9 per cent in 2012 compared with 1.8 per cent across the country.
CALGARY ` A survey by Scotiabank shows that 69 per cent of Alberta mortgage holders say it`s possible to pay off their mortgage faster without affecting their lifestyle.
The bank`s Mortgage Landscape Study, released Tuesday, found that 67 per cent of Canadians felt that way.
Alberta business and labour unhappy with new foreign worker rules
EDMONTON - Alberta business and labour groups have denounced sweeping changes to Canada`s temporary foreign worker program, including higher wages for newcomers, better training for Canadians and tougher penalties for employers who break the rules.
Federal Immigration Minister Jason Kenney announced the changes in Ottawa on Monday in an effort to quell public outrage after Royal Bank of Canada employees alleged last month they were told to train foreign workers who were taking their jobs.
CALGARY ` Alberta`s economic growth this year will be second only to Newfoundland & Labrabor, but Wild Rose Country will top the nation in 2014, according to a new forecast by RBC Economics.
The forecast said Newfoundland & Labrador will lead the country in Real Gross Domestic Product growth this year at 5.1 per cent followed by Alberta at 3.0 per cent.
Suncor says plans to boost oil sands output by 100,000 bdp
April 30 (Reuters) - Suncor Energy Inc, Canada's largest oil and natural gas producer, said on Tuesday it plans to increase its oil sands production by 100,000 barrels per day over the next four years through small-scale projects.
