Confidence in the Calgary construction market has been noted as a reason for a deal which will combine two of the area’s building firms. Brookfield Residential is to buy Albi Homes in a deal which has been considered for some time. The Calgary Herald says that the deal will not have a negative impact on jobs. Albi founder Tom Mauro will not stay with the combined company but Allan Klassen its president and managing partner will have a new role as senior VP of Calgary Homes from January 2016.
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