According to the Canadian Centre for Policy Alternatives (CCPA), Canada is experiencing a housing bubble that is destined to pop. In a recently released report, the non-profit research group examines house price growth in six Canadian markets and puts forward a few scenarios of how prices might be affected when the bubble bursts.
Canadians are becoming [...]
Apparently, we have it pretty good in Saskatoon, at least compared to most.
Housing starts are rocking the charts once again and you can’t go anywhere in this town without running into some massive non-residential construction project. They’re everywhere.
According to the City of Saskatoon’s most recent population estimate, roughly 223,200 people were calling Saskatoon home as [...]
A Class-A office vacancy rate of less than 1 percent is driving developers to continue expanding the inventory in downtown Saskatoon.
Discovery Plaza is Saskatoon’s latest Class-A project. Completed in 2009 it brought more than 50,000 square feet to the market, all of which was quickly scooped up by BHP Billiton.
The redevelopment of the Capitol [...]
The City of Saskatoon released its 2010 Preliminary Operating Budget today titled, “Investing in Today, Preparing for Tomorrow.” According to the city’s website, “This theme speaks to the need of helping people live a good quality of life, where local services are delivered effectively and at a reasonable cost. It also speaks to the need [...]
For the first time since he initially acknowledged concern over a potential bubble in Canadian housing markets, Finance Minister Jim Flaherty has openly indicated in an interview for CTV’s Question Period that higher down payments and shorter amortization periods are both on the table “if” there is further evidence of a bubble.
“If we see further [...]
TD Bank Financial Group released a “Resale Housing Outlook” yesterday that provides some insights into the potential consequences of the quick recovery that the Canadian housing market experienced over the past year. It’s a pretty interesting, “where we’ve been, where we may be headed” report. Some of the ideas that caught my attention from the [...]
Media Release
Release: Immediate
Date: Friday October 30, 2009
Contact: Mike Lobsinger, Chief Executive Officer Lake Placid Group of Companies
(Saskatoon, SK, Canada): Michael E. Lobsinger, Chief Executive Officer of the Lake Placid Group of Companies, announced today that Lake Placid is in a situation where delays have arisen around the deadline with the City of Saskatoon. For this, [...]
Renovations are already underway on the main level of the 2nd Avenue Lofts in downtown Saskatoon. According to a media release issued by The Partnership yesterday, the retail space located at the corner of 2nd Avenue North and 23rd Street East will be home to the Uptown Market, a full service independent grocery store which [...]
The trades training centre at Mount Royal Collegiate will undergo a $3.6 million dollar expansion in a joint effort between the federal and provincial government according to a story on the Star Phoenix website. Nearly $3.2 million dollars in funding will be provided by Western Economic Diversification Canada while the province contributes roughly $366,000.
“In order [...]
Part of “Canada’s Economic Action Plan” includes a Home Renovation Tax Credit that could help you save up to $1,350 on eligible home improvements when goods are purchased or professional services are performed after January 27, 2009 and before February 1, 2010.
The Home Renovation Tax Credit is a federal non-refundable tax credit based on eligible [...]
According to a story in today’s Star Phoenix, Lake Placid Developments is seeking a one-year extension on the current deadline to complete the excavation of the building site for its proposed $200 million River Landing development.
In a letter to the city, the developer requested an extension to June 30, 2010. City manager, Murray Totland will [...]
