The drop in global oil demand and subsequent economic shakeout continue to shake up Alberta’s real estate economy. With home prices down, Calgary along with the rest of the province is turning into a renter’s market. Even in the luxury residential market, Calgary home rental rates are 20% below the levels of one year ago. In Calgary where dependence on the oil market is a powerful economic force, this latest downturn has left office spaces and homes vacant, and leasing agents struggling to appeal to tenants. While those at the lowest income levels may still not find affordable housing, the new economic shift has provided an opportunity for those with moderate amounts of money to spend on rent. Landlords have lowered rents and are offering extra incentives to encourage new residents to sign affordable housing leases.In business news, the Canadian Federation of Independent Business indicates that its members’ confidence is at the lowest level since March of 2009, with a Business Barometer index of 52.3. British Columbia small businesses are more optimistic, registering an increase in the index to 62.5. In contrast, Alberta business owners’ confidence is at a low 26.5. The March 2016 report indicates that the biggest challenge facing Alberta businesses is a lack of domestic demand. This comes as little surprise. The Alberta government points out that every downturn in Alberta since 1980 has been triggered by a drop in oil prices.Opportunity is KnockingBut all is not doom. The combination of an excess supply of office space and luxury homes in Calgary is an open opportunity for investors and growing businesses alike. With lowered rates and ample space, new businesses should take advantage of this downturn to settle in for the long term. The availability of affordable housing means that growing companies can expect a steady supply of employees to fuel their expansion. The latest economic reports indicate that Canada’s economy has started to rebound with double the expected growth for January. Economists had originally predicted just 0.3% growth after a mere 0.2% showing in December of 2015. Based on the new 0.6% figure, Bank of Canada is predicting economic growth for the year at 1.4%.As Canada rebounds, Alberta can expect to rebound as well. A shift in businesses and workers to the region will result in the increased consumer demand that businesses need to soon experience greater levels of optimism. In fact, Calgary is already buzzing with public and private sector projects. The low Canadian dollar has boosted demand for exports, encouraging Canadian manufacturers to invest in production capacity. In a recent interview, Finance Minister Bill Mourner said that he believes “we’re starting to see the green shoots” from those investments.Timing is EverythingWith its rich resources and strong infrastructure, it is only a matter of when, not if, Calgary real estate will recover from this latest economic dip. There can be no doubt that, whether investing in commercial or residential properties, the opportunity to buy low and sell high is here now. During this time of transition, our team has the skills and experience to assist you in finding the best location for your staff or managing your residential assets. With our knowledge and expertise, you will be well positioned to join Calgary’s coming economic rise.
Small and large business owners alike should be increasingly concerned with their company’s web based marketing strategies, plans and the future of all their internet marketing campaigns. Unfortunately, there are many business owners who are simply without the time and extensive knowledge to launch and maintain in depth marketing campaigns, which can add to the stress if this critical business situation. Without proper marketing strategies, businesses of today risk failure. If you are one of the many business owners who is ready to take the next step in implementing successful marketing campaigns online and making an everlasting presence on the web, an online marketing manager may be the best investment you can make.Online marketing managers and marketing management services online are becoming increasingly popular and important to the world of online advertising and marketing. These types of managers exist to aid businesses in implementing and maintaining marketing strategies that will significantly increase the growth of businesses through online advertising and marketing methods. Online marketing managers can help a business owner to choose the best marketing strategies for their company and can also virtually handle all of the work that is associated with their web based marketing and advertising campaigns if the business owner wishes. Business owners who are working with experienced online marketing managers can rest assured that their internet marketing campaigns are being launched and maintained in the most effective and professional manner. These online marketing professionals can aid with PPC campaigns, mobile advertising, email marketing campaigns and much more.Online marketers have the knowledge that is required to help move your business website to the top of the search engine page rankings, which will do incredible things for any business. When working with an online marketers, you will find that they will work diligently to market your business by utilizing SEO tactics, which will boost your business website’s search engine page rankings in a short amount of time. Of course, you will want to choose the most experienced online marketing managers and online advertising agency’s to work with. The online marketing managers and online advertising services that are established in their work and who have the proper credentials are likely to be a great choice for your marketing needs online.
Medical savings plans protect you against terrible medical expenses and help you stay ahead of any future medical event. It also helps to reduce health care costs. Today there are different medical savings plans that have been introduced to the benefit of the people and that includes the health saving account (HSA). The health saving account HSA is designed to reduce to reduce the health care cost for both employers and employee and also the health saving plan at is design to cover current and future medical expenses, the health saving account HSA offers tax free saving account for medical expenses ails help to reduce the current health care cost.For medical plan type health savings account cover the cost of high deduction plans and also the health savings account is not a use is it or loss it policy instead if you don’t spend the fund it will be carried over to next year since insurance is used to cover risks, the health insurance plan provide safety values in place to cover the extraordinary medical expense or costs. Individuals under the age of 65 years who buys a qualified high- deductible policy can open an HSA and also you can make contribution to the health insurance saving plan but if you are above 65 you are qualified for medical care, this means you cannot take part in the health saving account.However if you are in the age bracket of 54 and 64 then you can contribute an additional tax deferred amount which can be converted to an IRA which means the individual retirement account, also if you withdraw funds for medical expenses it will not be taxed. Bear in mind that the health saving account contribution will not affect your IRA limits instead it helps because its another way to save for taxed -deferred retirement. For Medical savings plan the health saving account comes with a complete debit card and checks like saving account and also if the fund saved and spent on medical expenses or purposes all the capital gains , withdrawals and contribution will remain on taxed.What are the nature and details of such a plan?The health saving accounts is lumped with HDHP with expenses. When you meet the HDHP requirements, the HDHP plans covers 100% of medical expenses and this medical expenses include hospitalization, prescription, lab test and emergency room visit and also withdrawal from the health saving account cannot be used to pay high deductible health plan premium unless you are unemployed and also withdrawals from the health saving accounts are not taxable if they are used for medical expenses, but if they are used for non medical purposes or expenses then they are not only taxed, you will have to pay a10% penalty on the funds. Small business or organization who wants the best saving plans for his employees can use the health saving account because it provide basic medical coverage.What are the Benefits of such a plan?Employee does still have to get the high deductible health plan to participate but it is the employer and the employees that can both contribute to the account on a tax deferred basis. Even if the employee leave the company if or she is entitled to take the account with him. If the employee decided to use the fund for non medical expenses like going on vacation, buying a house or a car, they will have to pay the penalty and taxes on the withdrawal but the company has limited legal rights and resources to stop them. This means that the company cannot control how the employee use the money some of the benefit of having a medical saving plan through the health saving account, this means that the HSA plan provide tax free medical expense and the health savings account can be moved from one employer to another, the health saving account is also free of tax for employee contribution, it also facilitates employees health care customers better the health saving account also match with a high- deductible health savings plans.Also available are Discount medical savings plans which also provide a means of building up reserves against extraordinary medical expenses in the future, so even if you are healthy there is a provision that helps reserve funds for later use. Another wonderful benefit that the discount health saving account offer is that it is tax deferred, so one use scarce resources for problems needing immediate attention.Health insurance serving plan provide the best possible medical coverage for medical expenses. Medical savings plans also provide you with the best and affordable medical insurance that have a high deductible facility, so it is a advisable for you and also beneficial for you to get a Medical savings plan for you and your family today.