Updates on COVID-19
June 24, 2020
Yesterday, we spoke in support of this innovative change to remove parking minimums in the City of Edmonton. This gives industry the ability to immediately begin planning for the right amount of parking based on each project, providing Edmontonians with more choice to fit their lifestyles and needs:
Why some CERB recipients are getting smaller payments this month
Housing market recovery will be uneven across the country: CMHC report
June 23, 2020,
How COVID-19 has changed Canada's economy for the worse — but also for the better
Banking watchdog warns of added pressure on borrowers, but keeps capital buffer at 1%
This is how much eight more weeks of CERB will cost us
June 22, 2020
As Bank of Canada quells sub-zero rates talk, its next move may be a hike in 2022
Milestone Builder Group takes top honours at local, provincial and now national level
Edmonton zone now has most active COVID-19 cases in Alberta; 31 additional cases in province Sunday
The New Reality: COVID-19 creating a boom time for some industries
June 19, 2020
Quiet streets this year help Edmonton road crews fill more potholes
June 18, 2020
Federal deficit could hit $256 billion, PBO says in new report
Green shoots are showing in real estate recovery, but hurdles remain
CERB worked almost too well — now Trudeau needs to wean 7 million people off it
Valley Line LRT extension from downtown Edmonton to Mill Woods further behind schedule: city report
June 17, 2020
57 families suing Habitat for Humanity Edmonton
Q2 2020 Bank Earnings – All About Provisions and Mortgage Deferrals
Coronavirus: Liberals to release economic ‘snapshot’ for Canada on July 8
June 16, 2020
CERB to be extended by 8 weeks, Trudeau announces
Canadian home sales surged 57% in May — but they're still the weakest since 1996
Kenney confirms provincial sales tax would not be implemented in Alberta without a referendum
COVID-19: Public health emergency lifted in Alberta as 20 new cases recorded
June 12, 2020
Alberta lifts economic lockdown in an effort to rein in high unemployment
Coronavirus: What you can and can’t do during Phase 2 in Alberta
Household debt ratio rises to 176.9%, Statistics Canada says
Double-double tracking: How Tim Hortons knows where you sleep, work and vacation
June 10, 2020
Tiny home village for homeless veterans gets nod from Edmonton council
Alberta to move to stage two of relaunch on Friday, a week earlier than expected
Varcoe: The worst is behind Alberta's bruised economy, but recovery remains uncertain
June 9, 2020
Home construction is proving more resilient to COVID-19 crisis than other sectors of the economy
Five-year fixed mortgage rate in Canada falls to 1.99% for first time
Edmonton launches first phase of recovery grant program for businesses
Edmonton could be first major Canadian city to open up parking rules for new builds
June 8, 2020
Edmonton's best communities: Village at Greisbach, Woodhaven Edgemont
BoC holds rate; mortgage rates should go down
Despite the challenges, Edmonton area real estate values 'have held up extraordinarily well'
Mid- to low-priced homes will dominate the market
MLS sales in May almost double those in April
June 5, 2020
Canada unexpectedly adds 290,000 jobs on gradual reopening
Edmonton to lift state of local emergency Friday
Federal government to provide $14B to provinces, territories to 'safely' restart economies
June 4, 2020
Edmonton to join low-carbon cities network and share in $183M fund
Alberta government tables legislation that would restructure beleaguered real estate council
Personal bankruptcies fell to record low in April, but could be poised to soar
Alberta premier says he's confident Stage 2 of relaunch will go ahead
Bank of Canada's optimism signals that the worst could soon be over
June 3, 2020
COVID-19: Edmonton area home sales dive 41 per cent compared to May 2019
Bank of Canada holds rate, says economy may have dodged pandemic’s worst-case scenario
Posthaste: Here are three promising data points that show the Canadian economy is ready to rebound
Coronavirus: Trudeau to make case for co-ordinated world recovery plan
June 2, 2020
Preschools allowed to reopen in Alberta with new guidelines
Will real estate prices plunge? That may depend on the sellers
Canada sees lowest daily coronavirus death toll in 2 months, 759 new cases
E-scooters return to Edmonton streets with COVID-19 restrictions
June 1, 2020
Best of the best: top award winners reflect on Edmonton's building industry
Builders have confidence in Edmonton's housing market
Increasing the minimum downpayment would negatively impact the economy
New report says most major housing markets mired in a slump
Trudeau to announce more COVID-19 relief and this time it will go to cities
May 29, 2020
Canada's economy shrinks 8.2% in first quarter, worst showing since financial crisis
Posthaste: Canadians could see record low interest rates until 2022
What the COVID-19 employment crisis tells us about the future of work
Whyte Avenue lane closures to grant more outdoor space to businesses get mixed reviews
May 28, 2020
Edmonton launches $5.3-million grant program to support business recovery amid COVID-19 pandemic
Alberta economy to contract seven per cent this year, a 'historic' decline: Conference Board
Alberta has 679 active cases of COVID-19, lowest number since March 30
May 26, 2020
Budget in the time of COVID-19: Edmonton council ponders project priorities
April MLS numbers the worst in recent memory
Technology has improved the virtual tour experience
Rent-relief program confusing — and too risky for landlords, broker says
May 25, 2020
Virtual virtuosos: Edmonton area's home industry celebrated at Awards of Excellence
Tiny home village for veterans pitched for north Edmonton neighbourhood
Trudeau pushing for 10 days of paid sick leave from provinces amid coronavirus
No need to show proof of work permit to get CERB, Ottawa tells temporary foreign residents
May 22, 2020
Alberta and Quebec lead the country in CMHC-insured mortgage deferrals
Alberta continues downward trend in COVID-19 pandemic; 33 new cases and four deaths
Alberta leads the way in businesses reopening, but one-third still fear PPE shortages
Government launches benefit-finder tool for emergency aid as parties spar over return of Parliament
May 21, 2020
Edmonton property tax notices in the mail Thursday
Province to decide Friday whether Calgary, Brooks will move to next phase of Stage 1 relaunch
CMHC might trim mortgage underwriting arm – Siddall
May 20, 2020
'Bloody terrifying': COVID-19 will raise household debt levels and 'drag on GDP growth,' CMHC warns
Edmonton’s real estate market looks to bounce back after sales drop due to COVID-19
Spelling out the economic recovery options as the world starts to reopen from COVID-19
MPs call for cancellation of First-Time Home Buyer Incentive