Calgary’s resale housing market had its best January for sales since 2008 as average prices also climbed to their highest level ever for the month.http://www.calgaryherald.com/business/Calgary+housing+market+soars+average+sale+price+record+January/7904621/story.html#ixzz2K3B35f36
Here is your Morning News Rundown for Wednesday February 13th:
http://www.crebnow.com/morning-news-rundown-february-13-2013/?utm_source=dlvr.it&utm_medium=facebook
The Bank of Canada has held its overnight rate target at 1.0 percent since September 2010. It said last month that an eventual rate hike was "less imminent" due to weaker-than-expected growth and inflation.http://www.bnn.ca/News/2013/2/12/Carney-says-G7-needs-to-press-G20-on-exchange-rates.aspx
The company said last month it plans to cut by a fifth its annual general and administrative costs of $1.3 billion and exit less-profitable operations. Talisman lowered its 2013 capital budget by a fourth to about $3 billion.http://www.bnn.ca/News/2013/2/13/Talisman-reports-profit-on-asset-sales.aspx