Canada on course for a 2% growth rate this year

August 8, 2018 Great news – Canada economy is continuing to expand and growth is coming from many different sectors (nineteen of twenty industries that Stats Canada follows).  The strong job growth is fueling consumer spending and corporate investment is increasing reflecting a growing confidence by businesses that this is a long-term story.  

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 […]