Category: alberta
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Alberta Is Now the Only Province That Hasn’t Raised Its Minimum Wage This Decade
Alberta hasn’t increased its minimum wage since 2018, making it the only province in Canada that hasn’t made at least one adjustment in the 2020s. In fact, if you’re under 18, wages actually went down. The province introduced a youth minimum wage of $13/hour in 2019 for students working 28 hours a week or less.…
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Downtown Calgary Adds 1,100 New Homes Through Office Conversions
Calgary is making big moves to tackle its housing needs while breathing new life into its downtown core. The city just approved 10 new office-to-residential conversion projects, which will bring 1,100 new homes and an estimated 2,000 new residents into the heart of the city. This latest round of development is part of Calgary’s broader…
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Canadians Now Owe $1.85 for Every $1 They Earn
Feeling like your paycheck disappears the second it hits your account? You’re not alone. According to new data from Statistics Canada, Canadians now owe $1.85 in debt for every $1 of disposable income. That number reflects how fast household debt is rising across the country compared to how slowly incomes are growing. Debt Growth Is…
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Edmonton Home Prices Are Up $80K in Just Two Years
Over the past two years, Edmonton’s housing market has seen a dramatic increase in home prices—rising by nearly $80,000. While other major Canadian cities continue to struggle with affordability, Edmonton is quickly becoming one of the most talked-about real estate markets in the country. 📈 How Much Have Edmonton Home Prices Gone Up? In May…
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How Wildfires Are Reshaping Canada’s Real Estate Market in 2025
As wildfires continue to make headlines across Canada in 2025, their influence is being felt beyond the forests and evacuation zones. Increasingly, the housing market is responding to these environmental challenges. From shifting buyer preferences to changing insurance premiums, wildfires are quietly reshaping the way Canadians buy, sell, and insure their homes. Here’s what homeowners…
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Edmonton Real Estate Market Update – June 2025
The Edmonton housing market is showing signs of balance in June 2025, with steady prices, improved affordability, and healthy sales volumes. As Alberta’s capital continues to attract buyers seeking more space for less, Edmonton real estate is holding strong despite national economic uncertainty. 📊 Edmonton Housing Prices – June 2025 According to the Realtors Association…
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Calgary Real Estate Market Update – June 2025
The Calgary housing market remains one of Canada’s most resilient in 2025, showing continued strength in both demand and pricing. Unlike other major cities, Calgary real estate is benefiting from population growth, strong employment numbers, and relative affordability. Here’s what buyers and sellers need to know this month. 📊 Calgary Housing Prices – June 2025…
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Re/Max Canada Terminates Franchise Agreement with Calgary’s Re/Max Central Amid Ongoing Fallout
Re/Max Canada has officially severed ties with one of its top-performing brokerages, Calgary’s Re/Max Real Estate (Central), following internal controversy and growing reputational concerns. According to internal emails obtained by Postmedia, the franchise agreement was terminated effective immediately on May 30, 2025. “This action was taken to protect the Re/Max brand and your business,” Re/Max…
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Bank of Canada Expected to Hold Rates at 2.75% This Wednesday- More Cuts Likely in 2025
Canada’s central bank is widely expected to hold interest rates at 2.75% this Wednesday, with economists predicting at least two more cuts before the end of 2025. According to a recent Reuters poll, over 75% of economists surveyed (20 out of 26) believe the Bank of Canada (BoC) will keep rates steady as it waits…
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Alberta Housing Prices Are Climbing- But Why Are Sales Dropping in 2025?
The Alberta housing market is experiencing a unique blend of rising home prices and declining sales activity, according to the latest reports from WOWA and New Homes Alberta. As of April 2025, market data shows that while prices are increasing, buyer activity has slowed significantly, leading to higher inventory levels and changing dynamics across the…
Canada Housing Market 