Calgary Real Estate Alliance Blog: Calgary Real Estate News - Blog Archive: October, 2011

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October 2011

There are 3 blog entries for October 2011.

It is likely that Calgary's real estate market will continue recovering for the next few years. In fact, with more money being invested into Alberta's oil sands, it's entirely possible that Alberta could see a spike in housing prices and sales - as has happened in past years when oil production and oil investment have been high.

A recent business report on oil sands investment, forecasts that oil sands investment will rise to a new high in 2013. Even though oil prices have fallen since April 2011, prices are still historically high - high enough that oil companies continue to feel confident about investing in engineering projects and oil/bitumen production.

In July 2011, oil production from the Alberta oil sands regions hit a new high. With new

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Starting in spring 2012, Calgary will be adding to its reputation as a green city by trying out a composting program for waste such as those in effect in many other Canadian cities. City council voted unanimously to begin the program next year.

If the program proves to be workable for the parts of the city that the testing is taking place in, then the program will be utilized across the whole city within the next 3 to 5 years.  A big part of the reason that it will take Calgary this long to enact this program across the whole city is that an adequate facility needs to be built, which will take some time to complete.

This is could be a great step forward towards the city’s goal of having 80% of waste not ending up in landfills by the year

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Anyone who’s ever actually attended the annual cowboy extravaganza that is the Calgary Stampede knows that this city knows how to put on one heck of a great party. Apparently this fact has not been overlooked by those at CNN who know where the top party places in the world are. In their recent article, 15 Places to Party Sort of Like a Rock Star, the Calgary Stampede was ranked as the fifth best party in the world alongside such events as Mardi Gras, Burning Man, and a variety of events worldwide.

The annual ten day event draws over a million visitors every year to enjoy the rodeo, concerts, midway, parade, and agricultural competitions, as well as encouraging everyone to embrace their inner cowboy or cowgirl.

The upcoming 2012 Stampede will be an

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