That is exactly what they are doing. It’s actually a great business plan when CMHC insurance is involved. 28 capital bought my condo unit last year. I was the 3rd last to sell so I got a little higher than most of my neighbors. There are at least 4 groups in Edmonton that I know of that are...

I think he’s talking about developers with new product flooding the market. It’s happening here too. Anything that is attractively priced is still selling but if you’re asking for a premium, with rents falling from even early 2025 rental rate predictions, the building will sit on the market for...

To strengthen your point, I’m pretty sure the latest numbers have Edmonton CMA at 1.631 Million for 2024. No doubt we could support a CPL team but Im not sure anyone is gonna build that size of a stadium. My dream is for Alphonso Davies to bring a team here. MLS would be perfect but likely...

I made a bet with a co worker in 2016. I said that if this project started within 10 years, I would pay him $1,000. If the project hadn’t started in 10 years, i would win the $1,000. Call Me nagative but I never thought this thing would ever happen. It seemed like a developer who had zero...

This is Victor Arvidsson’s house. My sister sold it to him last Summer

I think that is exactly what is happening. If Edmonton has 8Mil passengers and Calgary has 17-18Mil. How many of Calgary’s passengers originate from Edmonton. I’d be willing to bet about 2-3Mil. I will never fly out of YYC because I feel Like I’m giving the finger to YEG but I know lots of...

Mexico City would be great for Calgary. Zero effect on me though. That flight or any other originating from YYC will never be an option for me. The only time I ever went to Mexico City it was in 2009 when when YEG had a direct flight for about 3 days (I know it was longer than that but it felt...

I just booked 2 separate Yeg to Amsterdam flights for February and May 2025 for trips to Dubai and Rome. It was cheaper to fly through Yyc for the Rome trip but I will gladly pay more to avoid Calgary. Anyway the increased frequency of the KLM direct flight is a game changer for me because I can...

In theory it’s a great idea. The problem usually is with financing. The value of any commercial property is directly tied to the leases that generate the cash. So if you have a building that’s appraised, and likely financed, based on a certain lease rate (income generated), the minute that you...

I never heard anything public about this but the owner of the old HSBC building right across the street from Energy Square did this exact same thing over the last few years. He bought it pretty cheap from Dream REIT about 5 or 6 years ago and has taken lower rates and even built a totally new...

I agree that I wish the airlines would look at both cities but unfortunately they do not. It’s Calgary and the rest of the province. Even our provincial government seems to look at the province that way. What I wish more than anything is that us Edmonton customers would punish those airlines for...

I also agree that YEG is pretty good experience overall. I do however think we have one of the sickest control towers anywhere. I love looking at that thing

It’s a small local law firm that bought the building and completed the renovations. They will be operating the firm from there.

I’ve actually cancelled trips because I just won’t fly out of Cgy. I just can’t do it. When I went to San Diego last month, I flew to LA from Yeg and then drove to San Diego.

I agree with this one million percent.