Alberta Industrial Heartland: A $50B Build Opportunity
Dow just committed $10B in Alberta. Who do you think is going to build it? Alberta’s Industrial Heartland concentrates: → $50B in capital investment → 40+ operating companies → 30,000 direct and indirect jobs → Canada’s only Designated Industrial Zone And the pipeline is still filling. Dow’s $10B CAD Path2Zero net-zero project is backed by..
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Edmonton vs Calgary Real Estate: The $186K Gap in 2026
$669,519 vs $483,600. That’s the average home price in Calgary vs Edmonton this June — a $186,000 gap inside the same province. Two days ago I posted that Edmonton had overtaken Calgary in interprovincial migration. The obvious next question: what is that doing to the two housing markets? The answer isn’t what the price tags..
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Alberta Construction Market: Why -5% Hides CA$13B
Alberta Construction Market: Why -5% Hides CA$13 Billion The Alberta construction market is sending two signals at the same time, and most people are only reading one of them. In March 2026, CMHC reported 46,064 annualized housing starts across the province — down 5% year over year. In July, Meta broke ground northeast of Edmonton..
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Alberta Population Growth: Canada Shrank, Alberta Didn’t
Immigration to Alberta fell 18.2% last quarter. Alberta’s population still grew. Statistics Canada, Q1 2026: Canada lost 55,025 people. Ontario, Quebec and British Columbia each shrank 0.2%. Alberta added 8,926 — up 0.2%, the strongest growth of any province, and the only one of Canada’s four largest to grow at all. Fifteenth consecutive quarter leading..
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Calgary Office Vacancy: Why 30.3% Won’t Fix Itself
Calgary’s office vacancy is falling. Not because tenants are coming back — because we’re deleting the buildings. Downtown vacancy sat at 30.3% in Q2 2026, down from 30.4%. Progress, technically. But absorption in the same quarter was negative 110,572 sq ft. Fewer tenants. Less occupied space. And the rate still went down. That only works..
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Alberta Construction Labour Shortage: The 15,400 Gap
Yesterday everyone celebrated Meta’s $13B data centre in Alberta. Nobody asked who’s going to build it. That single project needs 3,000+ construction workers. Now zoom out. Alberta must recruit 59,000 construction workers by 2034 — mostly to replace 43,400 people retiring, 21% of the entire 2024 workforce. Even after all that hiring, the province is..
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Meta’s $13 Billion Data Centre in Alberta: What It Signals for Construction
Alberta just approved a $13 billion data centre. That’s not even the headline. The real number is 19.5 gigawatts. Last week Meta confirmed its first Canadian data centre in Sturgeon County, north of Edmonton. $13B+. Over 3,000 workers at peak construction. Big project. But one project. Here’s the part most people missed: Alberta’s grid operator..
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Construction Budget Overruns: 3 Decisions Made Before Breaking Ground
Alberta residential permits are down 15%. Institutional permits are up 440%. Read that again. If you only track the residential slowdown, you’re watching the wrong market. Here’s what the 2026 numbers actually say about where construction demand in Alberta is moving: → Residential permit values: -15% province-wide (Red Deer -50%, Edmonton -19%, Calgary -11%) →..
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Alberta Construction Project Management: The Real Bottleneck Is Coordination
$50 million. 5% rework. $2.5 million lost. That is why I do not think the real bottleneck in construction is labour. It is coordination. Alberta has more than $180 billion in proposed construction, and the province is still facing a shortage of about 59,000 workers over the next decade. On paper, that sounds like the main problem. In reality,..
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Most people read Calgary’s 9% condo price drop as a weak market.
$300K condo. $750K detached. The family keeps choosing the $750K one. Here’s why that isn’t irrational. Most people read Calgary’s 9% condo price drop as a weak market. It’s not. It’s a product problem. Line up the three options a family is actually choosing between: → Apartment condo — benchmark ~$300K. But it’s a one..
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Eros Belotti 01.
Eros belotti
Construction project manager with over 15 years of experience in Europe and the Canary Islands. Specialized in modular housing, container construction, real estate development and international project management. Founder of Reforma Vivienda Tenerife and Donkey Lab.
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