Cannabis by the numbers

The cannabis industry in Canada was estimated at $3 billion in 2017, on par with the beer industry and larger than tobacco

Cannabis by the numbersWith the legalization of cannabis taking effect today, Statistics Canada released some interesting data about the industry and the use of the substance. Here are some of the numbers from StatsCan: The latest National Cannabis Survey results for the third quarter of 2018 indicated about 4.6 million or 15 per cent of Canadians aged 15…

Alberta leads country with highest level of average debt

Calgary and Edmonton had the highest levels of debt of major Canadian cities

Alberta leads country with highest level of average debtThe average consumer debt continues to rise in Alberta with the highest level in the country, according to the latest Equifax Canada Q2 2018 National Consumer Credit Trends Report which was released on Wednesday. Calgary and Edmonton had the highest levels of debt of major Canadian cities and Alberta had the highest for all the…

Young entrepreneur crowdfunding to launch home in a bag concept

Prototype aims to provide protection and connection for those who are affected by displacement and natural disaster

Young entrepreneur crowdfunding to launch home in a bag conceptA former Calgary Bow Valley College student is testing out his “LO8OP Home in a Bag” concept until the end of the month to brave the elements and raise money to move the idea to commercial production. Micah Louison, 24, is camping outside his family’s northeast Calgary home in the Bridgeland area until the end of…

Canadian tourism industry booming

Tourism in the first six months of this year directly accounted for more than $18 billion of Canada's GDP

Canadian tourism industry boomingCanada's tourism industry is booming and the federal government says it’s having its best year ever. Tourism activities in the first six months of this year directly accounted for more than $18 billion of Canada's gross domestic product, an increase of more than six per cent over the first half of 2017, said the federal…

Calgary suburban office market changing to reflect challenging demand

Landlords continue to get creative to attract tenants because of the prolonged high vacancy in the market

Calgary suburban office market changing to reflect challenging demandVacancy in Calgary's suburban office market decreased 30 basis points in the third quarter to 22.9 per cent due to 85,971 square feet of positive absorption, says a new report by commercial real estate firm CBRE. But the company said fundamentals in the market remain flat. It said positive absorption in the quarter can be…

Calgarians need to chase a dream together

Emma May talks about her role in the grassroots movement Yes Calgary 2026 and why she believes the city needs the Olympics

Calgarians need to chase a dream togetherEmma May is the co-founder and brand and culture officer with Charles Real Estate in Calgary. Explain what your role is in the Olympic 2026 bid for the city. May: I’m a volunteer with Yes Calgary 2026. Essentially, I’m part of a group of citizens who like the idea of hosting the Olympics. I help…

Smoking cannabis at home a bad idea for most Canadians: report

The survey found that homeowners felt that lighting up would harm a home’s resale value, as would growing cannabis

Smoking cannabis at home a bad idea for most Canadians: reportA new survey by residential real estate company Zoocasa says most Canadians feel that smoking cannabis inside their homes is a bad idea. The survey found that 64 per cent of homeowners felt that lighting up would harm a home’s resale value. Also, 57 per cent felt that growing the legal amount of cannabis, which…

Calgary industrial real estate market surges

Of the total square footage under construction, CBRE said more than 85% is being built on spec

Calgary industrial real estate market surgesThe Calgary industrial real estate market had just over 3.9 million square feet in the construction pipeline at the end of the third quarter, the second largest amount recorded since an historical high of 5.2 million square feet in the first quarter, according to a new report by CBRE. Of the total square footage under…

Foreign investment in Canadian securities lowest since beginning of year

Investors acquired Canadian shares and money market instruments instead, says StatsCan

Foreign investment in Canadian securities lowest since beginning of yearForeign investment in Canadian securities slowed to $2.8 billion in August, down from $15.3 billion in July, Statistics Canada reported on Tuesday. The federal agency also said that Canadian investors reduced their holdings of foreign securities by $194 million as they acquired bonds but sold equities. “As a result, Canada's international transactions in securities generated…

Calgary home prices forecast to rise in fourth quarter

With healthy inventory and the return of higher-paying jobs, activity is picking up in the upper-end of the market: Royal LePage

Calgary home prices forecast to rise in fourth quarterThe aggregate home price in Calgary increased 3.4 per cent to $495,845 in the third quarter of 2018, according to the Royal LePage House Price Survey and Market Survey Forecast released on Tuesday. The real estate firm said the median price of a two-storey home and a bungalow rose 4.5 per cent and 3.7 year…
1 91 92 93 94 95 134