MacLac
Senior Member
Sure they do….just don’t know where…..world wide so maybe they several…..
|
|
|
Edmonton Real Estate Market
- Thread starter Daveography
- Start date
Gronk!
Senior Member
Edmonton Chamber pushes for municipal development corporation ahead of election
The Edmonton Chamber of Commerce has a wish list of policies for those running in the municipal election, and near the top of that list is to champion a municipal development corporation.
edmonton.taproot.news
VaultBoy
Active Member
An MDC, yes please!Edmonton Chamber pushes for municipal development corporation ahead of election
The Edmonton Chamber of Commerce has a wish list of policies for those running in the municipal election, and near the top of that list is to champion a municipal development corporation.
Offworld
Active Member
An Edmonton MDC? Kill me. I can't see many real estate people truly worth their salt work for an Edmonton municipal corporation. It'd likely get seeded by people with either little to no real world experience, or else people looking for a pension that have a penchant for 37.5 hour work weeks.
policyenthusiast
Senior Member
Build Canada Homes from the feds is on its way, nonprofits with no development expertise pushing for more municipal involvement in private industry...Edmonton Chamber pushes for municipal development corporation ahead of election
The Edmonton Chamber of Commerce has a wish list of policies for those running in the municipal election, and near the top of that list is to champion a municipal development corporation.
The silver lining here is that gov't involvement in delivering new dwelling units to market might finally bring about some changes that the industry needs, like reducing DCs and expediting approvals.
IanO
Superstar
ChazYEG
Senior Member
Hey, Imma be applying for those jobs if it opens up!!!
cmd uw
Active Member
It would be an entirely independent corporation that has the fiduciary responsibility to its sole shareholder the City of Edmonton (nee CMLC).
Last edited:
David A
Senior Member
The current system sure doesn't seem to be working very well, so probably a good idea to try something that has worked elsewhere.
policyenthusiast
Senior Member
Can someone with more utilities insight than I say if EPCOR provides better service than is available in municipalities not serviced by an MDC?
TAS
Senior Member
Well Calgary mayoralty candidate and former councilor Jeff Davison is advocating that city enter into an arrangement similar to what Edmonton has with EPCOR - noting that our water/power utlity service and maintenance is significantly better.
IanO
Superstar
August Housing Starts
policyenthusiast
Senior Member
Interesting piece on the long-term savings of renting compared to buying a home across Canada.
https://easyrenovation.ca/canada-buy-vs-rent-2025/
Some highlights:
- Alberta stands out as one of the most buyer-friendly provinces in the country. Over a 10-year period, homeowners here save roughly $56,500 compared to renters. Relatively affordable home prices, moderate property taxes, and slower rent increases combine to make ownership a financially attractive choice.
- Over 10 years, buying a home saves an average of $73,000 compared to renting.
- The same average for Alberta as a whole is $56,500.
https://easyrenovation.ca/canada-buy-vs-rent-2025/
Some highlights:
- Alberta stands out as one of the most buyer-friendly provinces in the country. Over a 10-year period, homeowners here save roughly $56,500 compared to renters. Relatively affordable home prices, moderate property taxes, and slower rent increases combine to make ownership a financially attractive choice.
- Over 10 years, buying a home saves an average of $73,000 compared to renting.
- The same average for Alberta as a whole is $56,500.
VaultBoy
Active Member
I wonder what the biggest thing preventing Edmonton renters from being owners is. For me it's saving that down payment
constance_chlore
Active Member
Probably the down payment for a lot of people, but I'm sure a lot of renters are also students or workers who might be uncertain of their long-term plans. Even those who do want to stay in Edmonton may not be sure where they want to live, so they may rationally choose to put off that decision.