Are Large Oil Companies in Alberta Pushing for Low Oil Prices?

Canadians are a polite bunch.   Albertans, in particular, are so polite that we have tolerated the following: 1.  A major project (Transmountain pipeline), which was identified as being in the national interests of the country, was blocked by a neighbouring provincial government propped up by a coalition; 2.  Foreign-funded groups have been allowed to systematically[…]

A Step in the Right Direction by the City of Edmonton (With More Steps Still Required)

Whether it’s segmenting industrial areas apart from residential areas, or ensuring commercial areas are restricted to areas with adequate parking and traffic capacity, the City of Edmonton uses the existing zoning bylaw to allow and restrict what uses can occupy any given property or piece of land. Looking at a section of Edmonton provides an overview[…]

Edmonton Construction Permits Plunge 23%

It’s no secret that bad news sells.  So much so that any news that isn’t bad news often gets mocked (that sentence itself might be negative enough that it qualify as “news”). At your peril, do a search for “Slow News Day” on Twitter.  Or anywhere for that matter.  If the headlines don’t involve car[…]

A Brief Moment in Front of City Council

If you’ve read any of our previous posts, you’ll know we have been proud to promote the initiatives being conducted by Prosperity Edmonton.  To that extent, Chad has also had the opportunity to speak to Global, 630 CHED and CBC to talk about how recent increases in municipal spending has lead to unsustainable increases in[…]

What Will Edmonton Property Taxes Look Like in 2050?

We have to give credit to the City of Edmonton: they sure are experts in drawing attention away from the huge tax increases over the past decade. The tactics being used are actually a form of crowd manipulation, whereby psychological techniques are used to influence a large group of people. For example, in a recent report[…]

Edmonton Commercial Property Taxes: Limited Time To Act

The City of Edmonton released its draft operating budget today, and to no one’s surprise, they are setting the stage for yet another large increase in property taxes.  While it’s just a draft at this stage, it’s worth noting that the proposed increases does not even take into account other projects such as the Lewis[…]

Business Tip – Make Sure Your Website Isn’t Missing This

This won’t be a typical post of ours.  Instead of rambling on about Edmonton’s commercial real estate market, the economy, pipelines, oil prices, or the overnight rate, we’re writing this week about our website itself, and it’s on a topic that may have implications for you too.   Outside our group of tech savvy friends[…]

We Got 99 Problems But This Street Ain’t One

99th Street’s Impact on Edmonton’s Commercial and Industrial Real Estate Markets In 1870, private land ownership was introduced in Alberta, but until the Calgary and Edmonton Railway (C&ER) Company decided to establish a commercial centre on the south side of the North Saskatchewan River, Old Strathcona was largely undeveloped. Until 1882, only a sparse settlement[…]

Getting Slapped in the Face by a Pipeline: A Short Story

On October 3rd, 2017, oil prices closed at $49.98 / barrel.  Fast forward one full year, and prices have increased more than 50% to close over $76 / barrel.  It would seem this news would be positive for Alberta’s economy, but the stats don’t tell the full story.  First, those prices are for West Texas[…]