AGP Executive Report
Last update: 6 hours agoMortgage & rates watch: A hot core CPI print is pushing Fed rate-hike bets higher, and Canadian fixed-mortgage pricing is expected to follow as U.S. bond yields stay elevated. Housing supply pressure: CMHC data and industry commentary point to construction still missing targets, with RESCON’s Sept. 23 summit set to unpack whether recent reforms are actually moving the needle. Construction costs & tariffs: New U.S. tariffs on Canadian home-building inputs are already hitting builders south of the border, raising the spectre of higher costs and slower starts. Major infrastructure moving: Alberta’s Deadhorse Coulee Reservoir is heading to tender this fall, while B.C. Ferries’ China-built vessel plan is drawing union backlash over lost local economic activity. Local housing approvals: Antigonish County has approved a development agreement that could add up to 60 rental units in West River. Energy & grid constraints: Alberta is reportedly weighing extraordinary steps to expand natural-gas delivery for AI data centres as power demand ramps up.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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