Blog by Gerald Kelly & Darin Chamberlain

Why is now a good time to invest in Edmonton?

May 27th, 2010

There are clear signs that the province is gradually emerging from its most severe downturn since 1982. Although unemployment is still high, the jobless rate has been trending erratically lower over the past six months. Also, while total employment is still contracting on a year-over-year basis, a number of key sectors are showing signs of strength. Specifically, in February, year-over-year e ...

Edmonton is redefining what it means to be a world-class mid-size city

April 21st, 2010

Strategically located between the world’s second-largest oil reserves and the world’s largest energy market, Edmonton plays a vital role in the development of the Athabasca oil sands. Greater Edmonton supports the energy industry as a centre for upgrading and refining petrochemicals, pipelines, manufacturing, transportation, and logistics.

When a city has as much going for it as Edmonton, it’ ...

Grande Prairie welcomes the world for the 2010 Arctic Winter Games

March 8th, 2010

More than 2,000 athletes, coaches and cultural participants from the northern hemisphere will gather in Grande Prairie for the opening ceremonies of the 21st annual Arctic Winter Games, March 6 – 13.

*Participants from Nunavut, Greenland, Alaska, Yukon, Northwest Territories, Nunavik, Sapmi, and Yamal-Nenets will compete against Team Alberta North athletes in 20 sports. These international Ga ...

Thirst for oilsands continues

February 23rd, 2010

By MARKUS ERMISCH - North America will continue to soak up oilsands output for the next decade, despite lobbying by environmentalists to boycott the oilsands and recent talk to ship Canadian crude overseas.

Hal Kvisle, CEO of Calgary pipeline company TransCanada, said in a conference call Tuesday that although much of the recent publicity about the oilsands has been negative, he eventually ex ...

New homes drive building rally

February 18th, 2010

EDMONTON — Edmonton housing starts maintained their momentum in January with the seventh-consecutive month of year-over-year increases.

Article Source: Edmonton Journal Feb 9, 2010

The 577 starts in the Capital Region were 164 more than the same month last year, with single detached homes leading the way.

They accounted for 397 units, compared with 147 in the first month of 2009, and the eig ...

Resale housing forecast extended to 2011

February 9th, 2010

OTTAWA – February 8, 2010 – The Canadian Real Estate Association has revised its forecast for home sales via the MLS® Systems of Canadian real estate boards in 2010, and extended the forecast to 2011.

With Canadian economic growth rebounding from the recession, the unusually severe decline in sales activity in early 2009 is not expected to recur in 2010. Annual activity in 2010 is forecast to ...

2009 resale housing market ends on a high note

January 17th, 2010

Existing home sales activity reached the highest level ever for the month of December, according to statistics released by The Canadian Real Estate Association. Strong demand in the second half of 2009, especially in the fourth quarter, pushed annual sales above 2008 levels.

Residential sales activity via the Multiple Listing Service® (MLS®) of Canadian real estate boards numbered 27,744 unit ...