Company says Calgary too cost-prohibitive

Calgary city council voted Monday 14-1 in favour of new ride-sharing regulations that will require more rigorous licensing, background checks and inspections.

Yet U.S.-based Uber said the model is cost prohibitive and that the draft bylaw will run the company out of Calgary.

"It's a really unfortunate day for riders and drivers in Calgary," Ramit Kar, Uber's general manager for Alberta, told reporters. "For riders, there's no longer going to be an option that they've been asking for to get transported around the city."

In a statement on Twitter Monday night, the company added that, "it's unfortunate to see #yyccc vote for regulations that prevent the return of ridesharing to Calgary. "We'll continue to advocate for solutions that create jobs for drivers & affordable transportation options for the public. "

Homeowners to benefit from redevelopment, says company behind initiative

An ambitious multi-year plan to breathe new life into Deerfoot Mall in north Calgary stands to benefit nearby homeowners in a big way, says the company behind the massive redevelopment.

In early 2016, Vancouver-based Shape Properties announced it would be transforming the decades-old property at Deerfoot Trail and 64th Avenue N.E. from a traditional closed mall into a state-of-the-art open shopping centre dubbed Deerfoot City, complete with everything from a restaurant campus to style district.

"For local property owners, Deerfoot City is nothing but a good story," said Shape Properties executive vice-president Darren Kwiatkowski, whose company purchased the site from Ivanhoe Cambridge in 2011 for a reported $78 million.

Home + Garden Show returns to Stampede grounds Feb. 25-28

Change your world, one cabbage at a time: That's how Calgary gardening guru Donna Balzer wants to inspire folks at this year's Calgary Home + Garden Show, which runs Feb. 25 to 28.

"I'll help people understand why it's so important for us to take control of our own food," said Balzer, a CREB®Now regular columnist who will be among dozens of featured presenters at the four-day event, which is expected to attract more than 60,000 visitors this year.

"I want people to realize they can have an impact and help them discover how they can do it."

New Public Interest Law Clinic to challenge landlord-tenant law in Alberta

As a child, Sophie Purnell lived in Burundi before her family fled due to the country's increasing violence.

Now, as a third-year law student at the University of Calgary, she is hoping to make life better for others by working with a group of students to change landlord-tenant law in Alberta, one issue at a time.

The students — all second- and third-year law students — are taking a new course offered through the school's new Public Interest Law Clinic. Supervised by university professors, as well as local public interest lawyers, the students will take on cases from the clinic that fall under the public interest banner as part of their course load.

This term, students will be learning about residential tenancy law, human rights and potential constitutional challenges in the way tenants are treated.

City leads country in sales, price declines: report

Canada's resale residential housing markets illustrated further signs of regional disparities in January, with sales and prices up in hot markets such as Toronto and B.C.'s Lower Mainland yet down in others such as Calgary and Edmonton, according to a new report from the Canadian Real Estate Association (CREA).

Sales in Calgary last month fell by 14 per cent to 1,049 units, representing the sharpest year-over-year decline among all major urban centres in Canada. Edmonton also saw a sharp 9.7 per cent decrease in the number of sales to 777 units.

In contrast, Greater Vancouver saw sales pick up by 30.3 per cent to 2,626 units and Greater Toronto Area (GTA) by 7.3 per cent to 4,672.

Commercial market outside the core still active

Calgary's suburban commercial market is bucking the trend and chugging along in the face of Alberta's current economic downturn, say industry experts.

"The perception is that all commercial real estate is facing challenging times, but the reality is our industrial market and our suburban office market and our retail market are very resilient," said Colliers International managing director and broker Joe Binfet.

"And, while I wouldn't say robust, I would say active."

Residential homeowners left in the dark as province rolls out solar energy incentives

While the sun is set to shine a little brighter on some Albertans with news the provincial government will be offering increased incentives for solar power, others in the province are saying they're being left in the dark.

The Alberta government recently announced a $5-million Municipal Solar Program as part of its Climate Leadership Plan. Included in the plan are rebates of up to $0.75 per watt, to a maximum of $300,000 per project, to communities that install solar panels or set up solar panels in fire halls, community centres and offices.

Another $500,000 will go toward Alberta farmers who wish to generate their own electricity.

However, with the program largely ignoring the vast majority of residences, critics of the new incentives say they don't do enough to encourage more Albertans to go green.

Attached sector reacting similar to others during downturn

Softness in the city's attached housing market is creating opportunities for would-be buyers as increased selection is resulting in more competitive pricing, according to local housing officials.

Sales of row-type housing and semi-detached properties, which make up the city's attached market, decreased last month by 10.5 per cent compared to the same time last year, according to CREB®'s regional housing market report.

Listings also declined, yet by a more moderate 5.2 per cent. When combined with existing listings, year-over-year inventory levels jumped in January by more than 20 per cent.

More product on the market has meant sellers have had to be more competitive with their pricing. According to CREB®, the attached benchmark price was $345,600 last month, a 1.65 per cent decline from last month. Looking back on 2015, it slid 1.29 per cent from the start to the end of the year.

Plan is expected to provide more housing diversity, increase tourism options

A plan approved by Rocky View County late last year to rebuild Bragg Creek after the 2013 flood will also lift a 20-year building ban on the community and is expected to transform the hamlet from a through-point to Kananaskis with a mature population into a vibrant business community with young residents.

Long favoured by day-trippers, Bragg Creek has seen little change in decades due to the lack of water and wastewater infrastructure to support new residents. Under the new plan, the hamlet will encourage flood-resilient design, including homes raised on piles, roadways with permeable surfaces, and rustic themed landscaping that conceals structural dykes.

"The Hamlet of Bragg Creek is envisioned to be a vibrant commercial core that attracts residents and visitors, a thriving residential community, and a country atmosphere that is in harmony with the natural environment," said Amy Zaluski, acting policy supervisor in the planning department at Rocky View County.

Fundraising total also surpasses $4.5 million

Cochrane's $45-million aquatic and curling centre has taken another step forward, with construction on the structural steel frame now complete.

Roofing insulation on the 150,000-square-foot project, being constructed adjacent to the existing Spray Lakes Sawmills Family Sport Centre on the east side of town, has also started.

The remaining second floor and roof deck is in progress and is expected to be completed within the next few weeks, as will the installation of window frames and fire spray to structural beams and decks.