Parks Foundation Calgary has raised $40 million of the $65 million needed to complete the Rotary/Mattamy Greenway.

When completed, the pathways system will be the largest urban system of pathways and parks in the world. The project is the largest in the Park's Foundation's 29-year history and is currently in phase two of three.

"This is truly a remarkable example of the collaborative community spirit of Calgary," said Mayor Naheed Nenshi. "Calgarians are exactly the kind of people who can bring together all levels of government, corporations, charitable organizations and individual citizens to create an amazing, unparalleled space to be enjoyed by everyone."

Calgary market is hot, hot, hot

Unlike Calgary's weather for most of this year, the city's condo market is scorching hot, said Matthew Boukall, director of residential advisory services with industry analyst Altus Group.

"We're coming off the best year we've had last year and demand remains strong," he said. "There's a lot of pent-up demand for new housing. So from an inventory perspective we're basically absorbing product as it's coming to market. We don't have an oversupply situation whatsoever."

CREB's PAC (Political Action Committee) Day includes delegates from the province and real estate stakeholders. The day allows for the opportunity for networking and discussing policy issues facing members of the Calgary Real Estate Board as well as consumers.

Here's some quotes from a collection of the day's featured speakers:

Residents in Cochrane who live in condos, apartments and townhouses will soon have access to home recycling.

In a release, the Town is changing its Waste Management Bylaw to include multi-family complexes.

"The revisions to the bylaw help multi-family complexes include recycling in their waste service," said Sharon Howland, manager of waste and recycling. "It's about making it easier for people in Cochrane to recycle, and to move us closer to the goals in the Zero Waste Framework.

Government report could change rules forcing disclosure of grow-op properties in Alberta

Alberta homebuyers could soon have more protection in place to ensure they don't buy former grow-ops without their knowledge.

Last week, the government released a report titled Grow-Op Free Alberta Recommendations concerning proposed legislation to combat the ill effects of marijuana grow operations on Albertans, their homes and
neighbourhoods.