Upstart entrepreneur shows Albertans how to face our dragons

John Evans shows that hardworking and risk-taking Albertans can innovate their way out of our economic doldrums

Upstart entrepreneur shows Albertans how to face our dragonsIf bad news is junk food for the despairing soul, then Albertans are overstuffed. But a steady diet of bitter doom and gloom can give us a terminal case of economic indigestion. Once in a while, we need a serving of something sweeter. Lost in the noise are dozens of happier stories about ingenious young…

Calgary resale housing market prices still falling

But MLS sales have increased, supply is falling and the time it takes for a home to sell is decreasing

Calgary resale housing market prices still fallingThe Calgary Real Estate Board says the city’s resale housing market is moving towards more balanced conditions but it still remains oversupplied and prices continue to remain below last year’s levels. Data released by CREB shows MLS sales in October of 1,447, up 9.62 per cent compared to a  year ago. New listings fell by…

Fresh produce market to set up at New Horizon Mall

Just Ripe is working with the Doef Family Greenhouse operation in the Lacombe area to provide fresh produce year-round for the new Prairie Horizon Market

Fresh produce market to set up at New Horizon MallJust Ripe is working with the Doef Family Greenhouse operation in the Lacombe area to provide fresh produce year-round for the new Prairie Horizon Market. The market will open next spring at the New Horizon Mall. “Just Ripe has been an innovator in working with the Doef family to enhance their already well-established family greenhouse…

Routine Inc. named Calgary’s Small Business of the Year

‘There is nothing small about small business in Calgary,’ said Sandip Lalli, president and CEO of the Calgary Chamber

Routine Inc. named Calgary’s Small Business of the YearRoutine Inc., a beauty, cosmetic and personal care company, is Calgary’s Small Business of the Year. The award was presented by the Calgary Chamber of Commerce at the recent Small Business Week Awards Gala. The company founded by sisters Pippa and Neige Blair creates natural body products. “There is nothing small about small business in…

Calgary commercial-to-residential tax growth leads nation

We continue to see several cities across Canada shifting the burden of property taxes to business owners: Altus Group

Calgary commercial-to-residential tax growth leads nationA report on Monday from Altus Group  says that for the second consecutive year, Calgary saw the largest ratio increase among 11 Canadian cities surveyed for the 2019 Canadian Property Tax Rate Benchmark Report. The report looks at the ratios between commercial and residential property taxes across the country. Altus Group is a leading provider…

Strong in-migration to fuel housing demand in the Calgary region

Pace of new home construction is projected to gain traction in 2020 and 2021

Strong in-migration to fuel housing demand in the Calgary regionStronger in-migration into the Calgary area will fuel housing demand and result in gains in MLS ales over the next two years, says the Housing Market Outlook report released by Canada Mortgage and Housing Corporation. Supported by strong population growth, the pace of new home construction is projected to gain traction in 2020 and 2021…

Husky Energy sees drop in quarterly net earnings

Prince George Refinery sale and other steps taken ‘to further align the organization and workforce’

Husky Energy sees drop in quarterly net earningsJust days after announcing an undisclosed amount of layoffs, Calgary-based Husky Energy released it third-quarter financial results indicating the company saw its net earnings fall to $273 million compared to net earnings of $545 million in quarter three of 2018. In a news release on Thursday, Husky said funds from operations were $1 billion compared…

Costco to anchor new development on Tsuut’ina Nation

The 150,000-square-foot store, now under construction, will be at the corner of the new southwest Calgary Ring Road and 130th Avenue

Costco to anchor new development on Tsuut’ina NationRetail giant Costco is the anchor tenant of the new Taza development on Tsuut’ina Nation. Tsuut’ina is partnering with Canderel on the project that includes The Shops at Buffalo Run, a major retail centre that encompasses 45 acres and 400,000 square feet of retail, entertainment and restaurant uses. It will be home to the first…

Calgary new multi-family market shows resiliency

Calgary new multi-family market shows resiliencyCalgary has continued to live up to its reputation of resiliency among persistent and everchanging economic headwinds with 772 new multi-family home sales recorded across all 10 sub-markets in the third quarter of 2019, which represented a six per cent increase from last quarter and an eight per cent hike from the same quarter in…
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