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  #341  
Old Posted Feb 21, 2024, 1:53 PM
TimB09 TimB09 is offline
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Housing Action Plan money coming today... ~$176 mil or something.

Apparently no provincial representatives expected to be there.
No shock. Coming from the Feds, why bother going in Marlaina's eyes.
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  #342  
Old Posted Feb 21, 2024, 2:33 PM
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I mean it is a Fed-Muni announcement, but alignment and teamwork would be nice.
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  #343  
Old Posted Feb 21, 2024, 2:53 PM
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I mean it is a Fed-Muni announcement, but alignment and teamwork would be nice.
The UCP doesn't know team work unless you are helping them siphon the pockets of taxpayers.
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  #344  
Old Posted Feb 21, 2024, 3:01 PM
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I think you are going to see some Municipal funding claw back in the budget.
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  #345  
Old Posted Feb 21, 2024, 8:10 PM
EdmTrekker EdmTrekker is offline
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  #346  
Old Posted Feb 22, 2024, 5:07 AM
Black Star Black Star is offline
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The Canadian taxpayer announces $175 million to spur housing construction in Edmonton. Its our cash I don't blame the UCP not being there. Good call Smith

Seat Projections (338)
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libs 64
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never depend on these people 26

It's over trudeau....and the un doesn't want you either lol.
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  #347  
Old Posted Feb 22, 2024, 5:53 AM
Hardhatdan Hardhatdan is online now
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The irony of that statement on a day the UCP breaks their promise to introduce a tax cut is probably lost on you huh?
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  #348  
Old Posted Feb 22, 2024, 3:29 PM
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https://www.cbc.ca/news/canada/edmonton/...ease-to-working-age-population-1.7122022

4.7% increase in population in 2023.

If we apply that to Edmonton's CMA (not wise), that results in Edmonton's CMA is roughly 1.6 million.

If we apply it to Edmonton itself (better assumption), then Edmonton's population is roughly 1.15 million.
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  #349  
Old Posted Feb 22, 2024, 4:28 PM
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^ it would be interesting to get a breakdown of who is coming here and compare it to say Calgary's influx of people.
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  #350  
Old Posted Feb 22, 2024, 5:15 PM
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Now we find out that trudeau fly's into Alberta and doesn't tell anyone in the Alberta government that hes coming to Alberta, then proceeds to lie and complain on camera that the Alberta govt won't meet with him....WOW. This guy's a pathological lying asshatski.

The UCP holding fast on spending is financially responsible.
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  #351  
Old Posted Feb 22, 2024, 5:29 PM
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The UCP holding fast on spending is financially responsible.
lol that's a good one - they are worse with money then the old PCs (and even the ABNDP)
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  #352  
Old Posted Feb 22, 2024, 5:34 PM
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Now we find out that trudeau fly's into Alberta and doesn't tell anyone in the Alberta government that hes coming to Alberta, then proceeds to lie and complain on camera that the Alberta govt won't meet with him....WOW. This guy's a pathological lying asshatski.

The UCP holding fast on spending is financially responsible.
man the amount of misinformation that surrounds your whole ego is just incredible.

hyuk hyuk hyuk
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  #353  
Old Posted Feb 22, 2024, 5:35 PM
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So looking ahead, I can see fewer schools being built. Based on last nights announcement. The much needed Edmonton Hospital is still not going to be built for at least 5 more years.

Red Deers hospital is going ahead but we will see if it goes like GPs and not get funding for fit out.

Glad I have projects in other provinces.
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  #354  
Old Posted Feb 22, 2024, 5:55 PM
TimB09 TimB09 is offline
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So looking ahead, I can see fewer schools being built. Based on last nights announcement. The much needed Edmonton Hospital is still not going to be built for at least 5 more years.

Red Deers hospital is going ahead but we will see if it goes like GPs and not get funding for fit out.

Glad I have projects in other provinces.
And that's too bad about the schools because they are needed badly in a lot of areas of the province.

But, hey, at least Black Star is happy
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  #355  
Old Posted Feb 22, 2024, 6:13 PM
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^ it would be interesting to get a breakdown of who is coming here and compare it to say Calgary's influx of people.
At an economic update yesterday where they claim that Edmonton has the 'highest % growth of working age population' in the country right now, but raw numbers are attracting about 30% of the folks coming to Alberta.
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  #356  
Old Posted Feb 22, 2024, 6:14 PM
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At the same event, it is very clear that concrete high-rise construction in the Downtown is not particularly viable and that the delta is 'significant' for that to change.
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  #357  
Old Posted Feb 22, 2024, 6:30 PM
TimB09 TimB09 is offline
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At the same event, it is very clear that concrete high-rise construction in the Downtown is not particularly viable and that the delta is 'significant' for that to change.
Did they say what made it not viable?
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  #358  
Old Posted Feb 22, 2024, 6:37 PM
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And that's too bad about the schools because they are needed badly in a lot of areas of the province.

But, hey, at least Black Star is happy
Working on a few schools right now, Ready for August. One will start at 3500 students. Brand new and maxed out.
Another is 2000 but is said to be looking at higher than that.

Interesting My BC projects are mostly Health Care.
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  #359  
Old Posted Feb 22, 2024, 6:38 PM
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Base construction costs (which have risen 30% in 24months) and the rate of return on those projects. The delta is ~25% for construction to make sense in terms of rental rates and/or saleable product.

This was horses mouth from a developer building that product right now.

They were harping on the lack of effectiveness of the CMHC dollars for urban product and that Downtown Edmonton continues to struggle in terms of perception and lack of investment dollars.

Calgary is attracting 2.5 dollars to Edmonton's 1.

The bright side is that there is opportunity for growth.
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  #360  
Old Posted Feb 22, 2024, 7:21 PM
TimB09 TimB09 is offline
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Working on a few schools right now, Ready for August. One will start at 3500 students. Brand new and maxed out.
Another is 2000 but is said to be looking at higher than that.

Interesting My BC projects are mostly Health Care.
That must be the one in The Meadows by the rec center. Already at lottery to try and get in.
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