Here is your Morning News Rundown for Thursday May 16th:

Canadian Recreational Property Market Bouyed by Low Interest Rates – Calgary Herald

Calgary-Based Boardwalk REIT Reports ‘Solid’ Quarterly Results – Calgary Herald

Calgary Populations Boom: City, Suburbs to Boom Over Next 5 Years, Says Report – Huffpost Alberta

Composting Fees ‘Pill’ Seemingly Easier to Swallow – Calgary Sun

Edmonton City Council Approves Arena Deal With no Provincial MSI Money – Calgary Sun

Albertans More Confident About Economy Than Canadians in General – Calgary Herald

Council Approves Tax Increase – Cochrane Eagle

Water Woes Force Halt to New Residential Development – Okotoks Western Wheel

Signs of Spring – And a Soft Landing – in Canadian Real Estate – Globe and Mail

Think-Tank to New BoC Governor: Start Raising Interest Rates – CTV News

Bank of Canada Should Hike Rates to Pop Housing, Debt Bubbles: Former BoC Aide – Financial Post

Canadian Housing Market Not That Bad for Banks – Financial Post

Terence Corcoran: Canada’s Policy Makers Fixed on Doing Nothing – Financial Post

Default Criteria & Amortizations – Canadian Mortgage Trends