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Bankruptcies in Alberta dropped dramatically during the first 12 months of the COVID-19 pandemic, but this spring’s recent uptick in insolvencies could be a sign of things to come, experts say.
Across Canada, business and consumer bankruptcies both dropped to record lows during COVID-19, with Alberta being no exception. Despite the province being hit by the double whammy of a pandemic-induced recession and slumping oil and gas prices, consumer insolvency filings in Alberta were 27 per cent lower in the 12-month period ending March 2021 than they were the year before.
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Bankruptcies in Alberta dropped dramatically during the first 12 months of the COVID-19 pandemic, but this spring s recent uptick in insolvencies could be a…
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Spring seeding is ahead of schedule and grain and oilseed prices are red hot, but dry conditions around the province have some Alberta farmers worried.
On his farm near Taber, Jason Saunders is nearly done planting this year’s crop. A shortage of snowfall this winter allowed him to get onto his fields earlier than normal, but that same lack of precipitation means Saunders now has reason to be concerned.
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“We are not wet at all, and we haven’t had much rain this spring,” Saunders said. “My total accumulation for April-May is probably half an inch.”
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The Alberta government shouldn’t try to “reinvent the wheel” as it conducts town halls this summer with the aim of finding solutions for Calgary’s vacant office towers, Mayor Naheed Nenshi said Tuesday.
In an interview, the mayor said he is pleased the United Conservative government is taking the issues facing downtown seriously, as evidenced by Tuesday’s announcement from Jobs Minister Doug Schweitzer that the province has appointed a working group tasked with making recommendations on revitalizing the city’s core.
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In Calgary’s current red-hot real estate market, it can take some extra effort to get noticed.
Nick Davis, 30, and his wife Sarah, 26, decided based on photos alone to put an offer in on a three-bedroom Shawnessy house in March. They knew if they waited a couple of days to get in for a showing, the house on the quiet cul-de-sac with the big southwest-facing yard would already be gone.
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