Real estate prices in Fort McMurray continue to decline. The state's housing market was once very active, but now it is facing a major drop in prices. In the early 2010s, when a single-family home in the northern community was worth more than $700,000, prices have dropped by hundreds of thousands of dollars due to the oil boom, according to Melanie Gelea, a Fort McMurray real estate agent. The overall median home price in Fort McMurray dropped nearly 16 percent compared to October 2022, from around $336,000 in October 2022 to around $282,000 in October this year. The price of a single-family h

The Alberta government says protecting jobs will be a priority as it embarks on a massive restructuring of its health system.Premier Danielle Smith's government is dismantling the provincial health provider and scattering its responsibilities among a slew of new organizations.Leaked cabinet briefing documents say the changes will impact about 250,000 health workers.Smith's government is realigning the system to create four organizations to be in charge of different specialties, such as primary care and acute care.All organizations answer to a board chaired by Health Minister Adriana LaGrange.S

Premier Danielle Smith says that by 2050, Alberta could have the second-largest population of any province in the country with close to 10-million people. Her speech yesterday to delegates at the United Conservative Party A-G-M said that the province is ''in the midst of Alberta's century.''With oil and gas prices returning billions of dollars to Alberta's coffers in recent years, Smith promised to continue to reduce taxes, balance budgets, pay off debt, deliver more money to savings, increase the housing stock, and reduce high power and auto insurance bills.She also promised to eventually bui

The Alberta government is proposing changes to the Public Health Act to allow politicians to make final decisions in public health emergencies.Justice Minister Mickey Amery says elected officials have a responsibility to act in the best interest of Albertans and the amended legislation would make sure they can make decisions.In August, several health charges were dropped against an Edmonton-area pastor and church as well as a central Alberta man who hosted a rodeo in protest of COVID-19 restrictions.The cases were quashed after a court decision a month earlier found the Alberta government unde

Finance ministers from across the country will meet up virtually with their federal counterpart Chrystia Freeland today to discuss Alberta’s proposal to quit the Canada Pension Plan.Freeland called the meeting amid concerns about the ramifications of Alberta leaving the federal retirement plan to set up its own standalone program.The Alberta government says its workers have contributed an oversized share to the national fund and would be in line for big savings and payouts if it were to leave the CPP.Freeland says Albertans need to know the CPP delivers among the best returns in the world an

Newly released data suggest Alberta is projected to spend about $41.9 billion on health care this year. The Canadian Institute for Health Information released its national health expenditure trends report today, highlighting national and provincial spending forecasts. Alberta's forecast for spending increased by 4.6 cent, up from just over 40-billion dollars in 2022. The 2023 figures represent approximately $9,000 per person in the province. Alberta trails Ontario, Quebec and British Columbia in projected spending for 2022.

Officials say the restrictions, which have been in effect for two months, will be removed Tuesday.They were implemented in mid-August due to record low flows in the Bow and Elbow rivers that supply the city and other downstream communities across the Prairies.City officials say they expect decreasing temperatures and seasonal shifts in water use to stabilize demand.They say the restrictions helped to save 1.5 billion litres of water, which is the equivalent of 606 Olympic-size swimming pools.It was the first time that the city had asked its residents to reduce their outdoor water use due to dr

Alberta's legislature resumes today, beginning with the speech from the throne.Government house leader Joseph Schow has said there will be between seven and nine bills in the sitting, which is to run until early December.Premier Danielle Smith's United Conservative government is to spell out in legislation that a referendum must be held before Alberta could leave the Canada Pension Plan and set up a provincial one.The government has also promised legislation on Albertans having a direct say on any future tax hikes.The throne speech is to give a broad outline of the government's goals and prior

The Town of Cochrane made the declaration earlier this week after an accident on Saturday affected its water and wastewater pipelines, causing sewage to flow into the Bow River.There haven't been any issues with water quality in the town or in downstream communities such as Calgary, and the sewage leak was contained earlier this week.Damage to the water pipeline, however, led to significant water loss in Cochrane.The town had asked its 32,000 residents, as well as its businesses, to follow mandatory water restrictions to make sure there was enough available for fire suppression and other emerg