July Preferred Client Update

July 3rd, 2018

Alberta Economy has Recovered Two-Thirds of Recession Losses

Alberta’s Finance Minister says the province’s economic picture is brightening with a lower-than-expected deficit last year thanks in part to higher resource revenues.

The government’s 2017-18 annual report shows Alberta ended the fiscal year with an $8 billion deficit. That’s $2.5 billion lower than what was expected in last ye ...

Weak sales persist in Calgary and beyond (CREB report)

July 3rd, 2018

Many Canadian energy-related municipalities within Alberta and Saskatchewan have seen housing markets struggle over the past few years, resulting in price declines.

The recent mortgage rule changes and higher lending rates are factors weighing on demand and prices across some of those areas.

"While our economy is no longer in a recession, persistently high unemployment rates, concerns over ...