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).
This research brief summarizes a recent Fraser Institute study that compares property tax ratios for major residential and non-residential property classes in five of Canada’s largest metropolitan areas - including the Edmonton region.
Tech Disruption: An Examination of Emerging Technologies That May Impact the Edmonton Metro Land Development Industry is a qualitative research report produced by UDI-ER. This document provides Members with a very brief high-level overview of some of the major emerging technological disruptions that are likely to have an impact on the land development industry.
City Plan - Economic, Demographic, and Market Study
May 10, 2019
Watson & Associates Economists Ltd. in association with Nichols Applied Management Inc. have produced a report to help, “understand Edmonton’s current and anticipated future demographic, employment and market trends.” The report provides a City-wide population, housing and employment forecast for Edmonton to the year 2065.
This brief highlights aspects from the aforementioned report most relevant to the land development industry.
Literature Review: Use of Calcium Chloride as a De-Icing Agent
April 24, 2019
UDI-ER Members have expressed concerns regarding the long-term impacts and potential negative cost implications resulting from continued use of calcium chloride as a de-icing agent by the City.
As a result, UDI-ER have reviewed a substantial amount of the available literature on this topic. This research summary and literature review (including all references researched) is the result of the aforementioned request.
The following brief summarizes comments from Lynn Patterson, Deputy Governor of the Bank of Canada. Speaking to the Hamilton Chamber of Commerce on March 7, 2019, Ms. Patterson provided an update on the Canadian economy (including the Bank of Canada’s decision to keep interest rates unchanged). Of significance, Ms. Patterson provided a number of relevant comments on the Canadian housing market.
This report “provides a review of the theoretical and empirical evidence on the impact of carbon taxes on economic performance with the object of helping to inform policy development in Alberta on this critical issue.”
In anticipation of the next provincial election, this report offers the next provincial government 9 recommendations for increasing investment and creating a more business-friendly environment in Alberta.
The Alberta Treasury Branch (ATB) Financial Alberta Economic Outlook summarizes research on Alberta’s most important sectors. It analyzes the province’s economic happenings and outlines what may occur in the next few months.
This report examines the federal government's policies regarding the new mortgage rules and concludes that they are unduly suppressing housing activity and that this will ultimately impair the broader economy.