Category Archives for Blog

Downtown Calgary apartment renters – great news

April 2, 2018

Downtown Calgary apartment renters – there is something to celebrate.  The city council is dipping into reserves to get aggressive on growth.  They will be spending $100 million to jolt the downtown economy by filling office vacancies.   This will mean more jobs! Read more about it here

Kinder Morgan pipeline expansion & jobs.

March 26, 2018

Facts every Canadian should be aware of – This is from an Elizabeth May interview: If we had a deep investigation of the propaganda around Kinder Morgan, we’d get more Albertans marching with us. … The evidence from UNIFOR (Canada’s largest private sector union) that Kinder Morgan threatened Canadian jobs was rejected by the National […]

Canadian Senate passes motion on Kinder Morgan

March 23, 2018

The Canadian Senate passed a motion last Tuesday to pressure our Prime Minister to get the Kinder Morgan pipeline expansion through.  Premier Notley must be relieved because the Alberta budget is relying rather heavily on this expansion.  Related articles are below Alberta budget: Rachel Notley’s NDP looks anxiously over its shoulder

CREB 2018 Calgary housing and economic outlook.

February 21, 2018

Are you wondering how the coming year will impact Calgary housing?  There are so many changes in the wind – interest rates are supposed to increase 75 basis points in 2018, the new stress test is now being used to determine affordability, the oil price is stabilising (though the discount remains high) and the economy […]

The Calgary sun’s article on the state of Calgary’s housing

February 16, 2018

Calgary’s housing market is Goldilocks’ dream — not too hot, not too cold, just comfortably right in between. That’s the essence of the Canada Mortgage and Housing Corporation’s (CMHC) Housing Market Assessment (HMA) report for the first quarter of 2018. The HMA is determined by assessing four factors that identify the level of vulnerability of […]

Watch the supermoon from your Calgary apartment!

January 29, 2018

Here’s the best how-to guide to watching the Blue Moon from your Calgary apartment.  Its a once in a lifetime event so I at least am super excited. It is a full moon, followed by a lunar eclipse and then a blue moon.  The sun, earth, and moon are in alignment.  The moon looks red […]

Calgary jobs are back!

January 23, 2018

According to CBC news today, Calgary jobs are back but applicants need to be flexible, open to learning new skills and be prepared to accept less pay.  Perhaps I am an optimist because I read it as Alberta creating a more diverse economy with better prospects for growth long term from many more segments than […]

Renting in downtown Calgary

January 22, 2018

With the high vacancy rates, renters have their pick while renting in downtown Calgary.  As the economy picks up the choices will narrow.  I have been advising tenants to position themselves in the property of their choice while they can.  They may find themselves squeezed out of the more desirable locations once the market tightens […]