Alberta’s 2026 Capital Plan: Execution Is the Real Competitive Advantage
Alberta’s Budget 2026 includes a $28.3 billion capital plan for 2026 to 2029, $2.2 billion more than the previous budget. It allocates $4.9 billion to health care capacity, $3.3 billion to schools, $2.7 billion to provincial highways and bridges, $7.1 billion to municipal infrastructure and $4.2 billion to maintenance and renewal of existing assets. For..
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Large-Scale Project Management in Alberta: Systems Built for Multi-Phase Delivery
Alberta is no longer just building houses one lot at a time. Multi-phase master-planned communities, large purpose-built rental portfolios, institutional projects and data centres are reshaping the province’s construction pipeline. In December 2024 the provincial government set a target of attracting $100 billion in data centre investment within five years, and large technology projects have..
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Canada’s Housing Execution Gap: Why Job Sites Slow Down Delivery
Canada needs far more homes than it is building. In June 2025, CMHC estimated that the country would need up to 4.8 million additional homes over the next decade, roughly 430,000 to 480,000 starts a year, to restore affordability to pre-pandemic levels. In 2025 Canada started 259,028 homes, and CMHC’s 2026 outlook expects starts to..
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Alberta Housing Starts 2026: What the CMHC Forecast Really Means for Developers
In May 2026, CMHC reported that housing starts in Canada jumped 17% in April, to a seasonally adjusted annual rate of 279,317 units. Two months later, its mid-year Housing Market Outlook forecast that new construction will keep declining until at least 2028. Both numbers are real. They simply measure different things, and developers in Alberta..
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Alberta Wages vs House Prices: The Affordability Gap Developers Must Model
For a generation, Alberta’s economic story was simple: higher wages than the rest of Canada and more affordable homes. In 2013, average wages in the province were as much as 17% above the national average. By 2024 that premium had shrunk to about 2%. Meanwhile, home prices in Calgary have moved closer to national levels…
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Alberta Real Estate Market 2026: Ownership Slows, Rental Holds, Renovation Rises
A year ago, every conversation about Alberta construction started with groundbreakings, cranes and record pipelines. In 2026 the same people are asking different questions. Condo presales have slowed, unsold inventory has grown in some segments and builder confidence across Canada has fallen to historic lows. At the same time, rental demand remains solid and renovation..
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Alberta Housing Affordability 2026: Why Affordable Doesn’t Mean Feasible
Alberta remains one of the most affordable major housing markets in Canada. In RBC Economics’ latest affordability report, covering the second quarter of 2026, owning a home at market prices in Calgary required 41.3% of a typical household’s income and in Edmonton 36.8%. In Toronto the figure was 64.1% and in Vancouver 83.9%. For developers..
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Alberta Market Indicators Developers Should Track in 2026
Alberta’s construction and real estate market has changed from a market where almost everyone won to a selective one. In 2025 the province set a new housing starts record with 54,858 units. In 2026 starts are forecast to fall to about 45,000, inventory has grown in some segments, buyers have more negotiating power and builders..
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As-Built Surveys for Renovations: Why Budgets Fail Without Accurate Site Data
Renovations and commercial fit-outs have a reputation for going over budget and over schedule. The usual suspects are hidden damage, slow trades and indecisive clients. But in most projects I have reviewed, the real cause was decided before the first tool was picked up: the design and the budget were based on information about the..
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Estadio de Gran Canaria Renovation: Why Technical Specifications Decide Major Tenders
The renovation of the Estadio de Gran Canaria, home of UD Las Palmas and one of Spain’s candidate venues for the 2030 FIFA World Cup, has become a case study in how large public construction contracts succeed or stall. In less than six months the project went from a €174.7 million tender with no bidders,..
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