register | confirm account | forgot password
Gabriella Makar, MBA
RE/MAX Elite
14717 40 AV, Edmonton, Alberta
P: 780-819-7877
F: N/A
1 - 8 of 8

Friday, June 28, 2013 - Post-flood spending is just treading water

As the waters of the Bow and Elbow rivers slowly recede, the extent of the flood damage in Alberta is gradually becoming a little clearer. Costs will certainly run into the billions of dollars, and it has already been called the second-largest natural disaster in Canada, after the 1998 ice storm. Aside from the reconstruction costs, economists are busy trying to estimate the cost of lost business activity. How will Alberta?s and Canada?s gross domestic product (GDP) suffer? It?s a tempting ...

posted in General at Fri, 28 Jun 2013 17:06:15 +0000

Thursday, June 27, 2013 - It's off to work we go

Employees in this province are known to be hard workers. Not only do Albertans participate in the labour market in greater proportions, they tend to work more hours per week than employees elsewhere. But on the measure of weekly hours of work, one other province now takes topspot. In April, the average employee in our province worked 32.5 hours per week. That includes all full-time and parttime workers and also accounts for overtime hours. That is well above the national average of 30.4 hours ... Full Article...

posted in General at Thu, 27 Jun 2013 18:12:51 +0000

Tuesday, June 25, 2013 - Paycheques inch higher for construction workers

Alberta?s strong economy has created some shortages of skilled labour, and as companies scramble to hire workers, wages have been rising steadily. Unionized construction tradespeople have seen their wages rise, too?although the rate of increase may surprise you. The average hourly wage for a unionized truck driver in Alberta in May 2013 was $39.18 (averaged between workers in Calgary and Edmonton). Plumbers earned 44.10 per hour, whereas electricians did even better at $45.37 per hour. The ...

posted in General at Tue, 25 Jun 2013 00:08:40 +0000

Friday, June 21, 2013 - More Albertans by the minute

That whooshing sound you?re hearing around the province these days may be more than the passingsummer winds. It may be the sound of cars, buses and airplanes carrying migrants to Alberta. Judging by the most recent numbers, our province continues to be a destination of choice. In the first quarter of 2013, there was an estimated 26,714 people who moved into Alberta from other provinces. At the same time, about 13,276 moved out of the province?leaving a net interprovincial gain of 13,438. That ... Full Article...

posted in General at Fri, 21 Jun 2013 04:41:32 +0000

Thursday, June 13, 2013 - Canada's oil and gas sector on the go

So, just how busy are Canada?s energy producers? The industrial capacity utilization rate measures the amount of slack in the economy?the closer the rate is to 100 per cent, the less slack and the closer the sector is to running at full capacity. Oil and gas extraction, which is largely concentrated in Alberta, Saskatchewan, Newfoundland and Labrador, had a capacity utilization rate of 87.4 per cent, higher than it was in the fourth quarter. In fact, utilization rates are at levels not seen in ... Full Article...

posted in General at Thu, 13 Jun 2013 16:33:56 +0000

Monday, June 10, 2013 - Housing starts hit five-year high

While softer energy prices may be moderating overall economic growth this year, it appears that homebuilders didn?t receive the memo. Judging by the most recent statistics, its boom time in Alberta! According to the latest figures from Canada Mortgage and Housing Corporation, builders started construction on 41,438 new homes in our province in May. That?s the highest this year and the first time since early 2008 that the figure has risen above the 40,000 mark. What?s more, the trend over the ... Full Article...

posted in General at Mon, 10 Jun 2013 21:42:52 +0000

Thursday, June 6, 2013 - Bank of Canada Governor's Speech

The new Bank of Canada governor Stephen Poloz delivered his speech before the House of Commons finance committee this morning.  Here are the highlights of his address: ?It is now almost six years since the start of the global financial crisis. Given the near-collapse of the global financial system and the dramatic plunge in global demand, it?s perhaps no surprise that we haven?t yet returned to normal economic conditions. ?The global economy continues to struggle. Most advanced economies are ... Full Article...

posted in General at Thu, 06 Jun 2013 18:12:05 +0000

Wednesday, June 5, 2013 - Building permits lower in April

Economists love trying to peer into the future. Sadly most indicators are lagging indicators, describing activity in the past. One of the few good leading indicators?building permits?allows a peek into the future for at least one industry: construction.  The total value of building permits issued by Alberta municipalities tumbled in April to $1.47 billion, a drop of 12.5 per cent from March. However, the $1.68 billion reached in March was a record high, so some pull-back was ...

posted in General at Wed, 05 Jun 2013 21:20:11 +0000

1 - 8 of 8
Data last Updated: 2021-04-20 at 10:41:19 GMT America/Edmonton
This site's content is the responsibility of Gabriella Makar, MBA, licensed REALTOR® in the Province of Alberta.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2021, All Rights Reserved | Privacy Policy | Mobile Site | REALTOR® Websites by RealPageMaker