Two years after the Great Recession ended, Alberta’s energy-fuelled economy is again flexing its muscles. With oil prices tripling from their 2009 lows, drilling activity on the upswing, unemployment falling and oilsands investment surging, Alberta looks poised for a new growth supercycle.
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Want to give buyers another way of seeing your home when selling it? Here is a video tour I created for 758 Johns Road. A great way to introduce a customer with a busy schedule, or who lives on the other side of the country.
This listing (mls#e3273875) is now available to view from video! Just click here and get a great idea of the layout of this home. I will point out the video does make the rooms smaller, so if you like what you see you will want to book a viewing to see it in person.
Click it and enjoy the latest Edmonton Area stats, my monthly tribute, and always a little more.
OTTAWA – Policymakers could provide important clues about spending plans and interest rates Friday when a rare midsummer parliamentary committee meeting examines market instability and foreign debt crises.
Finance Minister Jim Flaherty and Bank of Canada Governor Mark Carney will testify to the House of Commons finance committee, which is looking into the impact on Canada of foreign economic turmoil.
Parliament only returns from its summer break on Sept 19, but opposition legislators — particularly the left-leaning New Democrats — said they could not wait till then.
Flaherty said in a radio interview over the weekend that he would consider more stimulus measures if the economy slips into recession, a change from a previous promise to stick to plans to eliminate its budget deficit by 2014-15.
“I welcomed any kind of flexibility on behalf of the government. We had not heard that before,” said Peggy Nash, finance spokeswoman for the New Democrats, urging Flaherty to explore the idea of fresh infrastructure investments.
Flaherty’s office was not immediately available for comment.
Doug Porter, deputy chief economist at BMO Capital Markets, said Flaherty and Carney would most likely use the appearance “to soothe concerns on the outlook and play up Canada’s relative strengths.”
But the session also gives Carney, who had not been publicly scheduled to speak until late October, a chance to update central bank thinking on interest rates.
The bank signaled on July 19 it was closer to raising rates, although only if the economy continued to advance.
Since then a ream of gloomy data has shown that the economy most likely stalled in the second quarter, and markets no longer expect a rate hike in the foreseeable future.
And that has made finding tenants — from a variety of fashion and furnishing retailers to restaurants, a major pharmacy and a home improvement store — perhaps less of a challenge.
Planning for the 600,000-square-foot project began three years ago, but the major anchor — Walmart — didn’t immediately sign on.
“But then they called and said they wanted to open by January 2012, and the project took off this spring,” said Durstling. “Everyone else follows once they are on board.”
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For a region with a one-strip airport, the idea of a three-hour air show with 30 aircraft sounds a little improbable, but to Deryl Kartz, it’s all in a day’s fun.
Kartz, a director of the Edmonton Radio Control Society, is co-ordinating the organization’s air show that will be held at Bremner Field on Aug. 13.
“We take the outlook that having an air show like this is only one way of having the public realize what radio aviation is all about,” he said.
“It’s a way for us to raise the credibility of model aviation as more of a sport, and we get to do something for the food bank as well.”
The society’s air show starts with a fun fly where people who have insured model aircraft can fly their airplanes in the society’s facility near Highway 21 whether or not they are a society member.
The focus will shift at 1 p.m. to the society’s aerial demonstration, which will feature 30 model aircraft doing stunts, playing out World War II scenarios and may include a candy bombing run by one
aircraft.
Admission to the show is one nonperishable donation to the Strathcona Food Bank, which will be on hand to collect the
donations.
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