To squeeze further revenue out of their mortgage purchases, these institutions package them up and sell them to their customers as investments. The mortgages that make up Canadian MBS are all insured, meaning that even in the event of a default, lenders will be paid back. It was lenders going out of their way to […]
TD Economics released a study this month examining the impact of the Bank of Canada potentially increasing its overnight interest rate, starting this spring, on real estate in Canada. What’s more, the TD Economics report says resale markets “remain drum-tight,” which likely means 2022 will be another strong year for price growth. We have enabled […]
“That lifestyle has helped it recover. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. This website uses cookies to personalize your content , and allows us to analyze […]
If you are desperately considering signing him up for the Necktie or Pickle of the Month Club, here are some health-related ideas. I’m writing this as a technology journalist, not as a committed user of any of these services or devices. He’s won all the teaching awards and gets multiple “best prof I’ve ever had” […]
Interest is largely driven by the relative affordability of Calgary compared with major centres like Toronto. In its market insight report for the fourth quarter, Teranet further points out multi-property owners’ share of activity has grown from about 16 per cent of purchases a decade ago to more than a quarter today. One significant change, […]
“I know that all restaurants have been reaching out to as many local producers as possible. Torrential rain on Sunday and Monday caused significant flooding that wiped out sections of important highways and rail lines, blocking ground access to Canada’s largest port in Vancouver and triggering landslides that killed at least one and trapped hundreds. […]
Featuring live music, interactive workshops, galleries, food and beverage, over 150 local vendors, and special surprises. Back after a break in 2020, the market will mark its 20th season and will feature vendors, carollers, food and decorations. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, […]
Union spokesperson Scott Payne told Postmedia at the time members were frustrated with a lack of movement towards the agreement, after the previous contract expired at the end of 2020. The High River facility is the largest in the country and accounts for roughly 40 per cent of Canada’s beef processing capacity. “Unfortunately, we have […]
Figures from October from the Calgary Real Estate Board, released this week, show resales were the highest ever for the month with 2,186 transactions. Still, the benchmark price for a condominium saw no year-over-year growth remaining steady with last October at $252,200. The overall market still favours sellers, CREB statistics show, with the sales-to-new-listings ratio […]
Aside from the haunted houses, there are also carnival games, axe throwing and a few carnival rides. Kids 12 and under can hit up the treat stations along the way for goodies. Due to COVID-concerns, the focus will be on visual entertainment instead of hands-on fun, but there will be spooky craft kits to take […]
It also warned Thursday that supply-chain delays and inflation would mean that the fourth quarter, including the holiday shopping season, would represent a smaller percentage of overall annual sales in 2021 than in the past. “Our outlook for the remainder of 2021 is consistent with our assumptions in February,” the company said in a statement. […]
The province reported 442 new cases on Tuesday as active infections dropped to 9,267 — continuing the steady decline in active cases over the past several weeks. However, Dr. “What happens in a secondary way is that if there are significant spreading events on that particular date or on that weekend, it could potentially cross […]
The news comes a day after the Canadian Association of Petroleum Producers released its energy platform for the federal election campaign. The Liberal government vowed in the April budget to introduce a new tax credit to spur such projects, although it won’t be available for enhanced oil recovery ventures as occurs in the United States. […]
How this has anything to do with regional representation, the alleged purpose of Senate, is impossible to perceive. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. This website […]
Embracing the revised business plan the city submitted will unlock $1.53 billion in provincial funding for the LRT expansion — the largest infrastructure project ever undertaken in Calgary. to Shepard last June, but a provincial review of the $5.5-billion project wore on so long that the city had to pause the process of hiring a […]
Three of the four suspects were armed with weapons, including a firearm, a Taser and a baton. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. This website uses […]
The warning was issued May 31 after an inspector observed mouse droppings in the store, and grime and food debris on surfaces in the deli, bakery and storage room, according to the notice. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update […]
Following last October’s takeover of Husky, Cenovus said it would eliminate up to 25 per cent of the combined workforce — about 2,100 positions — part of its strategy to find $1.2 billion in annual cost savings. “I don’t think energy companies have made a voluntary decision that they just wanted to decamp for sunnier […]
The Calgary version would follow a similar path with booze consumption arranged by booking a specific table and would be a way to encourage outdoor activity amid the lingering COVID-19 pandemic, said Coun. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update […]
The average price of a resale home grew 24 per cent to $471,226 in the first quarter of this year over its average price for 2020. In Calgary, communities of Applewood Park and Forest Lawn had the lowest average price at $333,369 through the first three months of 2021. In contrast, Haw notes higher-price communities […]