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Stories Tagged - recovery

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News

July 15, 2020 | Tyler Difley

Bank of Canada stands pat on interest rates, forecasts GDP decline in 2020

The Bank of Canada has maintained its overnight rate target at 0.25 per cent, the effective lower bound, and released its updated outlook for the economy and inflation.

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News

June 03, 2020 | Tyler Difley

Bank of Canada holds steady on interest rates as market conditions start to improve

The Bank of Canada maintained its overnight rate target at 0.25 per cent and announced it would be scaling back some of its interventions in the market now that economic conditions are beginning to improve.

News

June 11, 2014 | Cody Stuart

#YYCFLOOD: Canmore flood mitigation on track

Cougar Creek will see more than $25 million in improvements

Transformed from a picturesque mountain town, into a disaster zone, then a construction site, the town of Canmore is nearly back to its old self.

As a result of last year's floods, 130,000 square metres of creek bed and riverbank were destroyed – along with several homes – as water swept rocks, trees and other debris downstream. When the waters finally subsided, damages were estimated at $50 million.
News

June 11, 2014 | CREBNow

#YYCFLOOD: Flooded with a sense of community

A look back at Calgary's June floods and forward into the future

June 20 started out like any other day in Calgary. With showers in the forecast, parents saw their children off to school with umbrellas in hand and rain boots on their feet, then began their own daily commute along Calgary's soon-to be rain-soaked streets.

Little did they know that by the end of weekend, much of their city would be left underwater during what's since been dubbed the "100-Year Flood."


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CREB® acknowledges that its office is located, and that its REALTOR® members serve, on the traditional territories of the peoples of the Treaty 7 region and Métis Nation of Alberta, Region 3. We honour and acknowledge the members of the Métis community and specifically, the Métis Nation Region 3. In the spirit of reconciliation and because we are all treaty people, we also acknowledge all Calgarians who make our homes in the traditional Treaty 7 territory of Southern Alberta.


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