Calgary saw a decline in housing starts in April, following several years of record-setting residential construction activity across the city. While the slowdown reflects a moderation from exceptionally high levels of development, Calgary continues to remain one of Canada’s most active housing markets. Recent CMHC data showed Calgary leading major Canadian municipalities in housing starts, driven largely by apartment and purpose-built rental construction. The latest figures s

Calgary City Council has delayed a final decision on the future of the downtown CTrain Free Fare Zone, with the discussion now expected to continue into 2027. The Free Fare Zone has operated along 7 Avenue since the launch of Calgary’s original CTrain system, allowing riders to travel through the downtown core without paying a fare. Recent reviews have examined whether the program should remain in place, with discussions focused on safety, transit operations, ridership, and t

A new concept plan has been unveiled for The Confluence Historic Site & Parkland, outlining a long-term vision for the 42-acre site at the meeting point of the Bow and Elbow Rivers. The plan proposes a significant expansion of year-round public programming and cultural infrastructure, including: A 2,500-person Pow Wow Arbour as a central gathering space A covered event stage and concert lawn with capacity for major festivals and community events New gardens, interpretive path

Following the loss of its Inglewood taproom to a fire in 2024, Calgary-based Ol’ Beautiful Brewing is moving forward with plans to rebuild, while continuing operations through its production facility and new downtown concept, Sound Room. From a real estate perspective, the story highlights something increasingly important in Calgary’s urban districts: successful hospitality and retail businesses are often tied as much to place as they are to product. Ol’ Beautiful’s original

Mount Royal University is set to anchor a new transportation and logistics initiative aimed at strengthening Calgary’s role in regional and global supply chains. A joint investment from multiple government funding partners will support the creation of the Alberta Logistics Centre of Excellence. The initiative is expected to deliver workforce training, generate new skilled employment, and provide direct support to local businesses navigating supply chain and operational challe

Calgary council has voted 10-1 in support of a business-friendly construction policy aimed at addressing the disruption and revenue loss businesses can face during city-led construction projects. Rather than centring on direct compensation, the policy shifts toward strategies that help businesses stay visible, accessible and supported throughout construction, with the goal of encouraging continued customer patronage during periods of disruption. This approach reflects a broad

The March CFIB Business Barometer shows a modest decline in overall business confidence, despite this pullback, hiring intentions remain in positive territory: 19% of businesses plan to hire, compared to 13% planning layoffs, maintaining net-positive employment expectations. Hiring sentiment has improved relative to much of 2025, when layoffs often outpaced hiring. The March confidence dip reflects renewed caution, particularly tied to demand uncertainty and ongoing cost pres

Ranchman’s Cookhouse & Dancehall will be relocating from its long-standing Macleod Trail S. location, opening the door for a new phase of redevelopment on the property. The transition reflects broader change along this established south Calgary corridor, where older entertainment and retail sites are being reconsidered for more intensive, mixed-use formats. Early concepts for the property indicate a residential-led project designed with active ground-floor commercial space an

Alberta’s 2026 provincial budget outlines more than $6 billion in capital investment directed toward Calgary. $1.1 billion for LRT expansion, including airport connector development $266 million for Deerfoot Trail improvements Support for 45 active and 14 new school projects $160 million for the University of Calgary Multi-Disciplinary Hub $83 million to expand enrolment at the University of Calgary’s Faculty of Veterinary Medicine $808 million for municipal infrastructure an

Calgary City Council will hold a public hearing beginning March 23 to consider a proposed amendment to Land Use Bylaw 1P2007 that would repeal the citywide residential rezoning introduced in 2024 and restore previous low-density residential districts. The hearing, scheduled to begin at 9:30 a.m. in Council Chamber at the Municipal Building, is expected to run multiple days due to significant public participation. Written submissions must be filed by March 16 at noon through t

Alberta’s 2026-27 budget confirms higher provincial education property taxes and a series of fee adjustments that will affect commercial property owners and businesses across the province. Non-residential ratepayers will see a 4.25% increase in the provincial education property tax levy. Non-residential education property tax rising to $4.17 per $1,000 of assessed value (up from $4.00 in 2025 and $3.76 in 2024). Residential rate increasing to $2.84 per $1,000 of assessed valu

Calgary Co-op has introduced a new mixed-use grocery location, signalling an evolution in how essential retail is being embedded within higher-density development. Unlike traditional suburban formats characterized by larger standalone buildings and surface parking, this concept is integrated within a residential development and oriented toward walkable access. The approach reflects broader intensification trends across Calgary, where retail is increasingly positioned within..

Calgary’s rental market remained stable through 2025, even as the city delivered one of the largest increases in purpose-built rental supply in decades. Calgary’s rental market is entering a period of sustained balance, supported by strong development momentum and shifting renter preferences toward purpose-built product. • Vacancy held steady at 5% in 2025, signaling balanced supply and demand despite a sharp rise in completions. • Purpose-built rental supply grew by 11%, t

The latest CFIB Business Barometer shows long-term small business confidence rising to 55.5, supported by holiday-season expectations — though still just below the historical average. Short-term sentiment remains soft, and cost pressures continue to shape decision-making: 56% of firms cite insufficient demand as a key constraint. 72% report taxes and regulatory burden as major challenges. Price-increase expectations eased to 2.5%, with wage expectations steady at 2.2%. Fo

A landmark Canadian sale process is now underway for the Conservatory Group’s 61-property Ontario portfolio, encompassing residential, commercial, industrial, and development land across the Greater Toronto Area and surrounding municipalities. The disposition represents one of the largest Canadian multi-asset offerings in decades. For Calgary and Western Canada, the sale may present opportunities for Alberta investors seeking to diversify into long-term redevelopment and mi

Marriott International has ended its licensing agreement with Sonder Holdings, prompting the short-term rental operator to file for Chapter 7 liquidation. The move marks the collapse of one of the most prominent hotel-apartment hybrid models in North America. For Calgary’s evolving hospitality and mixed-use market, the news reinforces the need for financially resilient models as more adaptive reuse and conversion projects come online. Connect with Clearview: For market news

Developers and investors are accelerating off-campus student housing projects across Western Canada — addressing one of the country’s most undersupplied real estate asset classes. In Metro Vancouver, Forum Asset Management is moving into a leadership position in the student housing sector. Following its $1.7 billion acquisition of Alignvest Student Housing — a 17-property portfolio comprising more than 7,150 beds — Forum has advanced new projects in the region, including a

Canada’s tourism sector saw an all-time high this summer, with $59 billion in revenue between May and August — up six per cent year-over-year , according to Destination Canada. Key drivers included:• Domestic tourism up 7% , as more Canadians travelled within the country.• International travel up 10% , led by strong overseas markets.• National hotel occupancy at 80.7% in August — the highest since 2014. In Alberta, operators like Crowsnest Adventures saw business quadru

The CFIB Business Barometer shows small business optimism declining again, with the 12-month outlook falling to 46.3. Trade tensions are weighing heavily — 72% of business owners report negative impacts — while weak demand and cost pressures continue to challenge operations. Alberta confidence remains below the 50-point mark, echoing cautious expectations heading into year-end. Connect with Us: Interested in how these confidence trends could influence upcoming leasing ne