Putting the personal touch back into public relations

Shauna MacDonald of Brookline PR talks about putting together campaigns that lead to measurable results

Putting the personal touch back into public relationsShauna MacDonald is principal of Brookline PR. Calgary’s Business: Tell us a little of the history of Brookline. How and when it got started and why you started the company? MacDonald: I founded Brookline in October 2004 after returning to Calgary from Boston, where I attended Boston University for my master’s and began my career…

Calgary’s luxury real estate market faces challenging times

With mounting supply and muted sales, downward price adjustments were common: Sotheby's report

Calgary’s luxury real estate market faces challenging timesCalgary’s top-tier real estate market saw a regression in the first six months of 2018, following a glimmer of recovery experienced in 2017, says a new report by Sotheby’s International Realty Canada. The real estate firm’s top-tier report, released on Tuesday, said “the reversion was largely attributed to rising interest rates and the introduction of…

Calgary’s office market faces a slow recovery

Susan Thompson of Avison Young says a reduction in average space needs is forcing landlords to reposition their properties

Calgary’s office market faces a slow recoverySusan Thompson is research manager at the Avison Young office in Calgary. Calgary’s Business: What's the current vacancy rate in the downtown office market and how is it trending? What was its peak and what was the lowest its ever gotten? Thompson: Calgary’s downtown office vacancy rate is currently sitting at 26 per cent and it…

Calgary tourism industry expected to grow this year

The city is especially appealing to young travellers, with 46% of overnight visitors younger than 35, says a report

Calgary tourism industry expected to grow this yearCalgary will see a bump in its tourism industry this year as Alberta’s economy continues to recover. In its latest Travel Markets Outlook report, released on Tuesday, the Conference Board of Canada forecasts overnight visits in the city to increase 3.1 per cent this year. Close to 3.9 million tourists are forecast to visit Calgary…

Calgary region housing starts drop in June but positive year to date

The growth in total housing starts has been driven by the condo market, which is up 36%: CMHC

Calgary region housing starts drop in June but positive year to dateHousing starts in the Calgary census metropolitan area fell by nearly 23 per cent in June compared with a year ago. According to a report released Tuesday by Canada Mortgage and Housing Corp., there were 1,067 units started in June. The federal agency said the single-detached market saw a decline of 19 per cent to…

Stampede Investment Forum offers Alberta industry insights

'Unique opportunity for international delegates to connect directly with innovative and entrepreneurial leaders'

Stampede Investment Forum offers Alberta industry insightsThe 2018 Stampede Investment Forum is bringing together 70 companies from 16 countries to learn about investment opportunities in Calgary and across Alberta. The forum, taking place this week in Calgary, has received a three-year contribution of $120,000 from the federal government. It's intended to provide delegates with insights on investing in Alberta's key industry…

Vacancy rate drops in new rental apartment projects in Calgary

The city is expected to experience further tightening in the rental market, which will place upwards pressure on monthly rents

Vacancy rate drops in new rental apartment projects in CalgaryThe next wave of comprehensive new rental apartment projects in Calgary is not scheduled to be completed until 2019 and 2020 but the city is expected to experience further tightening, which will in turn continue to place upwards pressure on monthly rents, says a report by Urban Analytics. The research firm defines ‘newer’ as rental apartment…

Edmonton jobs jump, Calgary jobs slump

Edmonton added 5,900 positions from May. Calgary, on the other hand, saw losses of 4,600 jobs

Edmonton jobs jump, Calgary jobs slumpThe labour picture in Alberta’s two biggest cities showed contrasting directions in June, according to ATB Financial’s Economics and Research Team. In a report filed Friday, ATB said Edmonton added 5,900 positions from May and the unemployment rate ticked a 10th of a percentage point higher to 6.6 per cent. Calgary, on the other hand,…

Expansion of Calgary Stampede’s BMO Centre closer to reality

Organization hopes for good news as early as this fall regarding funding of the $500-million project by three levels of government

Expansion of Calgary Stampede’s BMO Centre closer to realityThe $500-million expansion of the BMO Centre is a priority for the Calgary Stampede and the organization hopes it gets some good news as early as this fall regarding funding by three levels of government to push that key project forward. “We currently have all three levels of government at the table working on the…

Calgary downtown office vacancy rate remains high

Local economy seems to have found its bottom and appears to have stabilized: Avison Young report

Calgary downtown office vacancy rate remains highCalgary’s downtown office market continues to struggle with its vacancy rate rising again in the second quarter of this year, according to a report by commercial real estate firm Avison Young. The report, released on Thursday, said the office vacancy rate was 26 per cent, slightly up from 25.6 per cent in the first quarter…
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