RBC Economics reports that Alberta’s strong population growth continues to fuel housing demand, consumer spending, and overall economic performance — positioning the province as a national growth leader. However, this same trend is also amplifying challenges for young job seekers, as a rapidly expanding labour force increases competition for entry-level roles.   Key insights: • Alberta’s economy remains one of Canada’s strongest, driven by record in-migration and labour marke

Stephen Avenue Place, one of downtown Calgary’s landmark office and retail towers, has been placed into receivership — a significant development for the city’s commercial real estate sector.   Located at 700 2nd Street SW, the 40-storey tower controlled by Slate Asset Management and financed through a syndicated mortgage led by Timbercreek Financial. Senior debt reportedly totals $139 million, against a City of Calgary assessed value of approximately $59.95 million. The Court

The City of Calgary has announced a major step forward in revitalizing the Downtown West end through targeted partnerships and incentives. This initiative underscores the city’s commitment to creating more homes, driving private investment, and strengthening the core of our urban economy.   Highlights: • More than 1,100 new residential units are planned within the Downtown West corridor. • Over $350 million in private investment has been mobilized to convert under-utilized of

Ayrshire Group is moving ahead with three new purpose-built rental developments in Calgary, underscoring the city’s continued strength as a destination for multi-residential investment.   Projects include: The Galloway (Beltline): A 10-storey, 323-unit rental building featuring a partnership with the Sinneave Family Foundation to provide units for neuro-diverse residents. Copenhagen Block (former Danish Canadian Club site): A 10-storey, 242-unit boutique development with four

Farmland across Alberta continues to show steady appreciation, particularly in the key agricultural and development corridors surrounding Calgary.   According to Western Investor (Oct. 2025), the Prairies have outpaced much of Canada in farmland demand, supported by resilient commodity prices, succession planning, and sustained investor confidence. Alberta’s data reinforces this trend, with broad-based growth across soil classes and regions.   The Government of Alberta’s 202

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

The Globe and Mail’s Report on Business has released its Top Growing Companies of 2025 , and Alberta is strongly represented.   Calgary highlights include: Valeura Energy (#1 overall) – 20,064% three-year revenue growth. PurposeMed (#23) – virtual health care provider. Helcim (#44) – cloud-based payment platform. Saturn Oil & Gas (#49) – energy producer. Goodlawyer (#50) – legal services platform. Virtuous Circle Counselling (#60) – therapy services. Rayner Constructio

CIBC’s latest housing market report highlights a sharp divergence across Canada. While Ontario and B.C. continue to struggle with rising inventory, Alberta remains one of the strongest markets for new construction.   Housing starts: Alberta is stabilizing at an historically elevated pace of ~60,000 units annually, a level well above long-term averages. Regional contrast: In Toronto and Vancouver, the condo sector remains in retreat, while purpose-built rental is surging. By c

A worker needs to earn more than double Alberta’s $15/hour minimum wage to afford a one-bedroom apartment at the 30% income threshold....

Downtown Calgary’s 28-storey First Tower has been acquired by G2S2 Capital Inc. and its affiliate Armco Group of Companies.   The 729,760 sq. ft. class-A highrise—redeveloped in 2020 with modernized amenities, LEED Gold sustainability credentials, and direct Plus-15 access—adds to Armco’s growing Calgary portfolio, which includes Bow Valley Square, First Canadian Centre, and Altius Centre.   The purchase highlights continued confidence in Calgary’s downtown market, even as v

Alberta’s film and TV sector contributed about $450 million to the province’s GDP in 2023 and supported more than 3,200 jobs, according...

Calgary is marking two major milestones in aviation training: Mount Royal University will celebrate the grand opening of its new...

Deloitte projects Canada will avoid a recession in 2025, with GDP growth of 1.3% this year and 1.7% in 2026. Rates: The Bank of Canada is expected to cut its policy rate to 2.25% by year-end, easing pressure on households and businesses. Jobs: Unemployment has risen to 7.1%, the highest since 2016 outside the pandemic, led by manufacturing job losses. Trade: Canada’s CUSMA carve-out continues to shield roughly 95% of exports from steep U.S. tariffs. Housing: Pent-up demand ma

Imperial Oil is moving ahead with plans to downsize as part of a broader restructuring effort. The company says the changes are aimed at streamlining operations and responding to market pressures. The implications for Calgary are significant. Large-scale workforce adjustments and operational shifts in the energy sector ripple into commercial real estate—affecting office demand, subleasing activity, and broader economic stability. Source: CBC News, “Imperial Oil downsizing,” S

United Place, an 88,000-sq.-ft. office building at 808 4th Ave. SW, has sold for $7.5 million. Built in 1975, the property will be converted into 81 residential units with ground-level commercial space.   This transaction highlights the ongoing momentum behind Calgary’s adaptive reuse market as conversions continue to reshape downtown’s office landscape.   Interested in how office conversions may affect investment opportunities in Calgary? Let’s discuss at info@cvpartners.ca

Vancouver is moving to remove rezoning requirements in key corridors like Broadway and Cambie—allowing developers to proceed directly to...

The CFIB Business Barometer shows Canadian small business confidence rising slightly, with the 12-month outlook at 50.2. Short-term...

The Government of Alberta has unveiled a new levy framework for large-scale, grid-connected AI data centres: 2% hardware levy effective...

Vesta Properties has officially opened the Aspen Village Sales Centre and debuted two furnished showhomes in Springbank Hill. The 13-acre...

Allied Properties REIT has confirmed progress on its non-core property sales program. In 2024, the trust sold seven assets, including one...