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The province of Alberta posted a surprise government surplus and will use it all to pay down debt. Home price declines may have hit a plateau, as Toronto average home prices rose in August and are still above year-ago levels in Vancouver and Calgary. A federal tax is now in effect on luxury cars and yachts. Airport and other government service delays are improving but are far from perfect, government admits.
By BNN BloombergThe province of Alberta posted a surprise government surplus and will use it all to pay down debt. Home price declines may have hit a plateau, as Toronto average home prices rose in August and are still above year-ago levels in Vancouver and Calgary. A federal tax is now in effect on luxury cars and yachts. Airport and other government service delays are improving but are far from perfect, government admits.

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