Slum landlord faces record $207,000 in fines
Filed Under Main Content · Tagged: Calgary, Faces, Family Face, Public Health Act, Record Fines, Rental Properties, Slum Landlord, Time Penalty
A Calgary landlord and his family face $207,000 in total fines — the largest one-time penalty ever meted out by the courts in Alberta for violations under the Public Health Act — for numerous violations at six rental properties throughout the city.
Read more: http://www.calgaryherald.com/Slum+landlord+faces+record+fines/4977017/story.html#ixzz1PvivhAKs
Slum landlord faces record $207,000 in fines
HMCS Calgary cruises in to $351-million upgrade contract
Filed Under Main Content · Tagged: Calgary, Cruises, Economy, Halifax, Navy Frigates, Victoria Shipyards
Each of the five Halifax-class Navy frigates will result in between $2 million to $3 million of expenditure in the local economy, Victoria Shipyards manager Malcolm Barker said Monday.
HMCS Calgary cruises in to $351-million upgrade contract
Home sales continue to drop
Filed Under Main Content · Tagged: Adjusted Basis, Calgary, Canadian Real Estate, Canadian Real Estate Association, Existing Home Sales, First Quarter, Mortgage, Ottawa, Rapid Decline, Real Estate Association, Record Sales, Toronto
Financial Post- Existing home sales continued their rapid decline last month with 70% of markets showing a drop in sales in June from May, according to the Canadian Real Estate Association.
The Ottawa-based group, which has 100 boards across the country, said sales were off 8.2% from a month ago on a seasonally adjusted basis. Toronto and Calgary led the decline.
CREA said tighter mortgage rules and rising rates are slowing the market which declined 13.3% from first quarter which had close to record sales.
"As expected, these two national factors contributed to a widespread decline in activity, with transactions down in all but a dozen or so smaller markets," said CREA…
Slide in new-home prices slows
Filed Under Main Content · Tagged: Calgary, Economist, Edmonton, Hirsch, Previous Year, Statistics Canada, Vancouver Sun
The Vancouver Sun- The price of a new home in Edmonton remained flat in May from a year ago, according to data released by Statistics Canada Thursday.
Edmonton registered only a 0.1-per-cent 12-month dip in the contractors’ selling price, the federal agency said Thursday.
Since July 2008, prices have fallen each month by as much as 12 per cent from the previous year.
ATB Financial senior economist Todd Hirsch said both Edmonton and Calgary have seen new-home prices trending up in the first half of 2010 after spending much of the past two years priced below the previous year…
