THE RED HOT PROVINCE IS NOW IN SUSTAINABLE CRUISING speed, WITH A solid LONG-TERM OUTLOOK.
With oil sands development in high gear, Alberta has been Canada's economic darling for the last decade. Some wonder how long can it go? Is it still a great place to invest? Absolutely.
The price of a barrel of oil may be a barometer of world politics and economics, fluctuating up and down on the latest news of the day, however the fundamentals that drove the price of oil past the threshold that make oil sands production profitable are here to stay. As well, Albertans have done a stellar job in the last decade of ensuring that their future depends on a lot more than the oil. After many years of strong economic growth the government books are in great shape, and with the lowest taxes in the country people will always want to move here.
For your review, we've gathered a selection of key resources about Alberta. They give you an idea of why Prestigious Properties is currently targeting this province in our never-ending search for great real estate investment opportunities.
Articles
Alberta Economic Update - April 2007
Alberta Economic Quick Facts July 2008 - Government of Alberta
Alberta Monthly Economic Review July 2008
Economic and Financial Market Outlook July 2008 RBC Economics
Edmonton Economic Outlook 2008 EEDC
Alberta Rental Market Report Spring 2008 CMHC
Canadian City Trends, May 2008, RBC Economics
Housing Market Outlook - Edmonton - CMHC - Spring 2008
Edmonton Rental Market Report 2007- CMHC
Housing Affordability - March 2008 - RBC Economics
Canadian Housing Market Outlook - 2008 - CMHC
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