https://calgaryherald.com/business/energy/oil-drives-canadas-fastest-economic-growth-spurt-in-a-year 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.
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 http://www.cbc.ca/news/canada/british-columbia/senate-passes-bill-on-kinder-morgan-pipeline-1.4588275 Alberta budget: Rachel Notley’s NDP looks anxiously over its shoulder
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 […]
