Fort McMurray is seeing a sharp increase in property foreclosure claims, according to new numbers from Alberta Justice and Solicitor General. Ever since oil prices started to slide in the fall of 2014, Fort McMurray has been dealing with layoffs. Homeowners overextendedAndrew Weir, president of the Fort McMurray Real Estate Board, said he's been seeing more foreclosures in the market. (David Thurton/ CBC)Lance Bussieres, co-owner of Re/Max Fort McMurray, said he hasn't seen as many foreclosures as people are talking about. Follow David Thurton, CBC's Fort McMurray correspondent, on Facebook, Twitter and email him at david.thurton@cbc.ca

Source: CBC News December 18, 2017 13:00 UTC