Timely news and industry updates from the past 30 days. 

March 27, 2020

CHBA Industry Highlights - March 27, 2020

COVID-19; business; interest rates; mortgages.

March 25, 2020

Fraser Institute: Stabilizing income vs. economic stimulus—what’s the difference?

There’s a great deal of discussion right now regarding the need for governments to “stabilize income” and “stimulate the economy.” It’s critical to understand the difference between the two if we’re going to introduce effective policy in response to the current economic downturn.

March 25, 2020

EPCOR - Covid Update March 25/20

...

While there are currently no interruptions to core EPCOR utility services related to COVID-19, some non-core services have been curtailed to protect the health of our employees and customers. Other work could see delays as we comply with the City of Edmonton permitting restrictions that limit our ability to perform certain types of work within a two-kilometre radius of certain healthcare facilities. We will remain in contact with you where impacts exist on projects on which we are working so that you can assess the impact to your operation.

...

March 24, 2020

COE - Covid 19 - NEW DECISIONS, ACTIONS, AND INFORMATION

Please see attached for updates on Parks, Transit, Spacial Distancing and more.

March 23, 2020

FortisAlberta Covid Update March 23/20

COVID-19 Pandemic Response: Precautions and Considerations

Given that FortisAlberta provides an essential service; the delivery of electricity to more than half a million customers in Alberta, critical business functions must be maintained.

We are monitoring the situation closely and we would like to confirm we are taking the necessary precautions to ensure the reliability of our service and keep the lights on for our customers.

 

FortisAlberta’s approach is proactive to reducing exposure and helping protect the health and safety of all employees and our customers during this time. Please read the Full Notice for the entire update.

March 23, 2020

2019 UDI-ER Year in Review

Please click below for the 2019 UDI-ER Year in Review.

March 20, 2020

2020 ARA Rates

From COE:

Please see the attached updated 2020 ARA Rate Card

March 18, 2020

Fraser Institute: Stabilizing income vs. economic stimulus—what’s the difference?

There’s a great deal of discussion right now regarding the need for governments to “stabilize income” and “stimulate the economy.” It’s critical to understand the difference between the two if we’re going to introduce effective policy in response to the current economic downturn.

March 18, 2020

Government of Canada: Prime Minister announces more support for workers and businesses through Canada’s COVID-19 Economic Response Plan

The Government of Canada is taking strong and quick action to protect our economy, and the health, safety, and jobs of all Canadians during the global COVID-19 outbreak.

March 18, 2020

CTV: Major economic package coming, Trudeau mulls taking new emergency steps

The federal government is set to present a major support package to both aid families and businesses, as well as stimulate the economy on Wednesday, expected to include measures to put money directly into Canadians’ hands.

March 17, 2020

URGENT NOTICE: UDI-ER AGM on MARCH 26 2020

To UDI-ER Members,

 

Due to COVID-19, we've had to reschedule our Annual General Meeting to Thursday, March 26, 2020 at 10:30 am via Teleconference.

  • Pursuant to the UDI-ER's bylaws, business may be transacted at this meeting if a simple majority of Developer Members qualified to attend the meeting (i.e., members in good standing) are present, or represented by proxy - thereby ensuring QUORUM.

  • Please note that the number of folks we can accommodate on the teleconference is LIMITED.

  • As UDI-ER's Year End Financials and the Board-approved 2020 Budget are normally distributed in person at the AGM, we will be posting them on our website (www.udiedmonton.com) under the Members Only section.

  • Call in number: 1-888-433-2192

    • Code: 4039210​

Your ongoing understanding is most appreciated during this challenging period.

  

If you have any further questions, please feel free to contact us at the office: (780) 428-6146.

March 16, 2020

REMINDER - CANCELLATION NOTICE: March 19, 2020 UDI-ER Luncheon & Annual General Meeting

To UDI-ER Members,

 

Due to COVID-19, we have had to cancel our March 19th Luncheon and Annual General Meeting at the Derrick Club.

 

With respect to the AGM, the UDI-ER Board will be meeting this week to assess rescheduling and exploring the practicality of conducting the AGM via teleconference.

 

We will update Members on the status of the AGM as soon as possible. Your continued patience and understanding during these challenging times is most appreciated.

  

If you have any further questions, please feel free to contact us at the office: (780) 428-6146.

March 16, 2020

EPCOR - Potential Delays to Service Energization and Project Support

EPCOR has plans in place to manage disruptions or emergencies, and we are committed to providing essential services to communities. As we continue to respond to COVID-19, the potential exists that you may experience delays in service energization as we shift resources to respond to our most critical work. We will make every effort to ensure that projects and requests are handled in as timely of a manner as possible. We appreciate your understanding.

March 12, 2020

2020 Inspection Fees

From the City of Edmonton

The inspection fees collected through servicing agreements have been adjusted for 2020. Based on the Edmonton Consumer Price Index, the percent variation between December 2019 and December 2018 was +2.28%, and as a result, the rates for 2020 are as follows:

 

Subdivision &
Development        $ 2,302.00 /ha  
Coordination

Drainage             $ 1,627.00 /ha

EPCOR Water       $ 833.00 /ha

-------------------------------------------------------------

Total                   $ 4,762.00 /ha

 

The minimum 3.0 hectare charge is still applicable, and the rates are effective March 12, 2020.

 

Please note, the ARA Administration Fee has also been adjusted by 2.28% from $ 2,111.00 + GST per agreement to $ 2,159.00 + GST

City of Edmonton

SUBDIVISION AND DEVELOPMENT COORDINATION

URBAN FORM AND CORPORATE STRATEGIC DEVELOPMENT  |  DEVELOPMENT SERVICES

March 09, 2020

In Remembrance: Donald Hussey

HUSSEY, Donald George
May 2, 1954 - February 17, 2020

Don passed away peacefully on February 17, 2020 surrounded by his loving wife and children. Don contracted a serious bacterial infection while vacationing in Hawaii in January 2020. Despite Don's valiant efforts to overcome the disease and the excellent medical care in Maui and Edmonton, the infection was just too severe. Our hearts are broken. Don is survived by his beloved wife Marilyn, his cherished children Lauren, Jillian (Marco), Matthew and Madeleine, his dear brother Brian (Stephanie), and a large, caring extended family of relatives, neighbours, friends and teammates. He was predeceased by his parents, Dorothy and Robert, and his brother Bruce. A memorial service to celebrate Don's life will be held on March 21, 2020 at 2:00 p.m. at St. Timothy's Anglican Church, 8420 145 St NW, Edmonton. In the meantime, the family asks for patience and privacy as we mourn this unexpected and profound loss. In lieu of flowers, the family suggests a donation to the Canterbury Foundation, Edmonton, www.canterburyfoundation.ca, the Edmonton Nature Centres Foundation (John Janzen Nature Centre), or to a charity of your choice.

March 06, 2020

Statistics Canada: Labour Force Survey, February 2020

While there was little overall employment change in February, there were increases in Quebec, Alberta, Nova Scotia and Manitoba. Little change was observed in the remaining provinces.

Click the link below for more information.

February 27, 2020

GOA: Budget 2020 – A plan for jobs and the economy

Third-quarter results show the deficit has declined more than expected. With the deficit $1.2 billion lower than projected in Budget 2019, Alberta taxpayers can expect to pay $35 million less in debt-servicing costs.

Please click the link for more information on the 2020 Provincial Budget.

February 25, 2020

GOA: Speech from the Throne

The second session of the 30th legislature opened on February 25, 2020, with a speech from the throne delivered by Her Honour, Lois Mitchell, CM, AOE, LLD, Lieutenant Governor of Alberta.

February 24, 2020

Global News: Council leaning towards leaving suburban development in Edmonton to private sector

City council’s executive committee debated a proposed land-development strategy for three remaining large parcels in the outskirts of Edmonton Monday.

February 20, 2020

COE Acceptance of Development Bonds

The City of Edmonton is proud to announce the acceptance of Development Bonds as an alternative form of security within all servicing agreements for the 2020 construction season.

 

This will allow Developers another option for security, as the City previously only accepted irrevocable letters of credit issued by a bank, or cash security. The City supports economic vibrancy of the City by making it easier to do business in Edmonton.

 

In advance of an anticipated April 1, 2020 implementation, an update to the Servicing Agreement and the City’s Guidelines for Establishing Security in Servicing Agreements are currently being prepared, along with a Development Bond Agreement to support the City’s monitored five year pilot program.

 

Further details pertaining to this announcement will be provided at the beginning of March 2020.

 

If there are any questions, please contact Clarence Wong at 780-944-7900 or clarence.wong@edmonton.ca.

February 10, 2020

City of Edmonton Organizational Structure Chart

City of Edmonton Organizational Structure Chart as of February 4, 2020.

February 03, 2020

Alberta's equalization and Atlantic Canada's public vs. private compensation

Refining Alberta’s Equalization Gambit argues that, despite popular misconceptions (particularly in Central Canada), Alberta can compel other provinces and the federal government to negotiate aspects of the Constitution including equalization. The essay cites past Supreme Court judgments and germane sections of the Constitution Act, 1982.

January 30, 2020

CTV News: These are the Canadian cities where drivers spend the most time stuck in traffic

Traffic congestion is on the rise in almost every major Canadian city, with drivers in Vancouver and Toronto facing the greatest delays of all, according to a new report.

January 24, 2020

Reducing red tape for wood-building construction

“Not only will this decision support the forestry industry and land developers, it will provide affordability to home buyers, bolster employment, and give Alberta a competitive advantage. We made this change knowing that mass timber products are safe and that these buildings will meet all necessary standards.”

January 17, 2020

2020 UDI-ER Business Plan

The 2020 Annual Business Plan (the Plan) flows from the UDI-Edmonton Region (UDI-ER) Board’s 2018-20 Strategic Plan and is an integrated element of its overarching strategy to address various business needs, opportunities and challenges.

Fundamental Role

UDI Edmonton Region is a key voice in shaping public policy and regulation for sustainable growth in Edmonton Metro.

Mission - Why we exist.

To be the advocate for the land development industry in the Edmonton Metro Region. In accordance with our affiliated organizations, UDI-ER is dedicated to “Building Communities Together” by promoting wise, efficient and productive urban growth.

Vision - What we aspire to.

To be the champion for the land development industry in the Edmonton Metropolitan Region.

January 15, 2020

Rentals.ca: December 2019 Rent Report

According to Rentals.ca listings data, the average rent for Canadian properties in November of 2019 was $1,918 per month, a decrease of 1.1% monthly, but an increase of 9.4% annually. The median rental rate was $1,850 per month in November, up 15.6% from a year earlier ($1,600).

January 13, 2020

Financial Post: Canada’s ‘ticking demographic time bomb’ is a problem — but it could solve a bigger one

Housing prices are back on the Bank of Canada’s radar, Governor Stephen Poloz revealed in a fireside chat in Vancouver yesterday.

January 10, 2020

Edmonton Journal: Canada gains surprise 35,200 jobs in December, unemployment rate falls to 5.6%

Canada gained a higher-than-expected 35,200 net jobs in December, entirely in full-time positions, while the unemployment rate fell to 5.6%, official data showed on Friday, figures that could ease some concerns about the strength of the Canadian economy.

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© 2020 by Urban Development Institute - Edmonton Region

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