Daily Archives: March 22, 2012

More tightening of mortgage and secured Real Estate lending

The Office of the Superintendent of Financial Institutions drafted a set of guidelines – Draft B-20 which, if passed, will tighten lending practices even further. I quote Peter Foster’s article in the National Post “…Canadian bankers, who are universally acknowledged … Continue reading

Posted in Canada News | Tagged , | Leave a comment

Province releases ~1,800 acres of land

The government of Alberta announced that it will release 1,800 acres of crown land to the Municipality of Wood Buffalo. So far, the province has agreed to allow sufficient land that would undertake enough residential and commercial infrastructure for up … Continue reading

Posted in Alberta News, Fort McMurray News | Tagged , , , | Leave a comment