Real Estate In Red Deer & Area
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“Economy-Government”

Boc Rate Jon Nichols C21 Real Estate Lacombe

Bank of Canada maintains overnight rate target at 1.75%

- The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Global economic growth has slowed by more than the Bank forecast...

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Flow of provincial migrants picks up the pace

- ATB Financial's Economics & Research Team April 12, 2019  In yesterday’s edition of The Owl, we learned that people from abroad continue to choose Alberta as their new home. But it’s not just people from overseas who relocate...

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Monthly Retail Sales

Alberta’s retail sales rebound in November

- The sound of cash registers ringing and debit cards tapping in November was a positive sign for the Alberta economy, with monthly retail sales in the province increasing by 1.9 per cent (sales figures are adjusted to...

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Encouraging November For Alberta

Encouraging November Jobs Report For Alberta

- After two months of contraction, the number of people working in Alberta surged forward in November by 23,700 (1.0 per cent). According to Statistics Canada, full-time employment increased by 36,500 (1.9 per cent) last month...

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The Owl Oil Production Continue To Rise In Alberta

Oil production in Alberta continues to rise

- Oil production in Alberta is climbing this year. The province produced 238,000 more barrels per day in the first eight months of 2018 than it did over the same period the year previous.  Extraction is also on the rise. In keeping with...

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Don’T Forget The Other Two Big Trade Agreements

Don’t forget the other two big trade agreements

- Great point to remember that there are other players in big trade agreements with Canada. Read below from ATB Financial's Economics & Research Team about these two big trade agreements....Any way you cut it, the United States is...

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Employment Up In Ab 2018

Employment stable in June

- Alberta saw the creation of some 2,000 new jobs in June, adding to the nearly 3,000 positions created in May. That’s modest growth, to be sure, but it continues to suggest that Alberta’s economy is moving in the right direction.The...

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Boc Economy 20170412

BOC has once again left the overnight rate alone

- Bank of Canada has once again left the overnight rate alone but not for long. This means that your prime rate will remain the same for now. The Bank of Canada's next interest rate decision is slated for July 11. On that date, it will also...

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Consumer Confidence

Consumer Confidence Growing

- Like housing starts, vehicle sales are another great measure of consumer confidence. If people are uncertain about the future state of the economy or are without financial capacity to buy things, they will put off major decisions like...

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Jon Nichols

Jon Nichols
Century 21 Advantage
Phone: 403.302.0800
Email:

Denise Nichols

Denise Nichols
Century 21 Advantage
Phone: 403.302.9498
Email:

Jez Nichols

Jez Nichols
Century 21 Advantage
Phone: 403.392.7002
Email: