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Alberta’s economic outlook

By Alain Saffel YegNews.com As the old saying goes, when the U.S. sneezes, Canada catches a cold. With the U.S. debt ceiling dispute resolved, for now, and the stock markets taking a beating as a result of the S&P downgrade of U.S. debt, what does the future hold for the economies of Alberta and Canada? [...]

By Alain Saffel YegNews.com  According to Statistics Canada, Alberta is still one of the best places in Canada to be looking for work with 12,400 new jobs created in July. With that, Alberta’s unemployment rate dropped 0.1 per cent to 5.5 per cent. It was the third monthly increase in a row for employment growth. [...]

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By Dave S. Clark YegNews.com Flying out of the Edmonton International Airport will cost $5 more as the airport has announced today it will increase the Airport Improvement Fee as of January 1, 2011. The increase will bring the fee to $25 – putting it level with Calgary, Toronto and Montreal airports. Reg Milley, president [...]

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By Myron Belej YegNews.com  We typically drive to malls because there isn’t usually much to see beyond them. They tend to be surrounded by seas of parking. So our plan is to get in, shop, and then get out. We walk around malls as long as there are additional stores to see, or until our [...]

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By Alain Saffel Finding a job in Edmonton has been getting easier over the last year. The Edmonton unemployment rate for March stayed at 5.8 per cent, unchanged from February, but the unemployment rate for March 2010 was 7.3 per cent, according to Statistics Canada. Calgary’s unemployment situation improved slightly, going from 6.3 per cent [...]

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By Alain Saffel Last year may have been a better time to sell your home, as year over year Edmonton home sales and prices decreased in March. The average selling price on residential properties decreased 4.6 per cent from March 2010, with condos taking a hit of 7.48 per cent in selling price. Sale prices [...]

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