Fort McMurrayReal Estate Board

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Annual Scholarships Available From Fort McMurray REALTORS®

Posted February 08, 2019

Fort McMurray REALTORS® are once again offering their annual scholarship to student graduating in 2019.

Students applying will need to be enrolled in post-secondary education. The recipient will be eligible to receive $1,500 towards their future education. Three scholarship will be awarded once applications are reviewed.  The scholarship is available to students residing in the Fort McMurray Real Estate Board area which includes the Regional Municipality of Wood Buffalo and Lac La Biche area.

To download the application, please click on the link below. Please note that applications are due on April 30, 2019.  

  2019 Scholarship Application 

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New Solar Farm in Fort Chipewyan

Posted February 08, 2019

A company formed by First Nations and Métis in Fort Chipewyan has announced plans to build a $7.8-million solar farm to reduce the community's reliance on diesel to generate electricity.

Three Nations Energy LP (3NE) is receiving $3.3 million in carbon tax money to build and operate what the Alberta government is calling the largest off-grid solar and storage project in Canada.

Fort Chipewyan is close to Alberta's border with the Northwest Territories and is not on the electricity grid.

The solar farm is expected to supply about 25 per cent of the community's energy and annually replace 800,000 litres of diesel fuel. A battery storage system will store 1.5 MWh of power.

Reducing the use of noisy diesel generators is expected to make the community quieter.

The company is owned by the Athabasca Chipewyan First Nation, the Mikisew Cree First Nation and Métis​ Local 125.  

The solar farm is scheduled to start operating by the fall of 2020. The project will roll out in phases.

ATCO is installing 1,500 solar panels this winter, which the company will own. Those panels will cut down on diesel use by 150,000 litres.

The remaining 6,000 solar panels will be installed in the second phase, which will be owned by 3NE.

The government estimates 40 jobs will be created during construction.

Fort Chipewyan had a population of 852 people in 2016.

 

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Energy Savings for Homeowners

Posted June 28, 2017

AREA has partnered with the Pembina Institute to educate REALTORS® and their clients on the value of energy efficiency. Together, we want to create awareness of the energy efficiency opportunities available throughout Alberta and how they can help your clients save energy and money.

The Pembina Institute provides research, leadership and education on climate change and energy issues.

Look for more of these collaborative resources in the future.

Click here to download this brochure!

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Real Estate Council of Alberta Kicks Off Fraud Prevention Month by Urging Albertans to Dig Deeper

Posted March 01, 2017

RECA News Release 

Calgary, Alberta – As this year’s Fraud Prevention Month begins, the Real Estate Council of Alberta (RECA) is urging Albertans to dig deeper when a real estate or mortgage deal seems too good to be true.

As the licensing and regulatory body for Alberta’s 15,000 real estate, mortgage brokerage and real estate appraisal professionals, RECA’s mandate includes protecting against, investigating, detecting, and suppressing mortgage fraud. RECA has extensive information and resources for consumers that can help them avoid being targets.

“Consumers have the power to protect themselves from opportunistic fraudsters,” says Christine Zwozdesky, RECA Chair. “We encourage consumers to dig deeper for more information if something sounds too good to be true.”

  • having financial difficulty related to your mortgage? Someone offering you “an easy way out”? Find out if the person offering to help you is a licensed real estate or mortgage brokerage professional. “Search for an industry professional” at www.reca.ca
  • read contracts and other documents carefully. Make sure you understand what you’re signing; if you don’t, ask questions. If you don’t like the answers – look for help or information elsewhere
  • do a web search for the names of the individuals offering to help you out. If the person you’re dealing with has a history of fraud, their old victims have likely warned the world online

Zwozdesky adds, “Part of RECA’s mandate is consumer protection, and providing Albertans with credible, independent information about mortgage fraud prevention and awareness is one way we can do that.”

Do your research, ask questions, and most of all, make sure you’re working with a licensed mortgage or real estate professional. Their extensive knowledge, experience, and training can help you avoid scams.

Mortgage fraud awareness and prevention resources for consumers are available now on RECA’s website. RECA will be participating in Fraud Prevention Month activities throughout March.

Click here for the original article found on the RECA website.

The Real Estate Council of Alberta (RECA) is an independent, non-government agency, responsible for governing real estate, mortgage broker, property management, and real estate appraisal industry professionals under Alberta’s Real Estate Act. RECA’s mandate is to protect consumers and to provide services that enhance and improve the industry and the business of industry professionals.

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