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
Cushman & Wakefield Edmonton's 2012 Edmonton Apartment Report - Jan2012
Alberta's economy just keeps humming - Nov 2011
Multifamily investment in Calgary & Edmonton - Nov 2011
From oil sands to gas pump: Alberta looks to its energy future - Nov 2011
Multi-family market a 'safe haven' for real-estate investors - Nov 2011
Expert says West best place to be - Oct 2011
Calgary's industrial real estate market demand strong - Oct 2011
Alberta job market the envy of the world - Oct 2011
Alberta’s Brain Gain? Bringing US Workers North - Oct 2011
Alberta economic powerhouse - Sep 2011
Alberta economic growth among Canada's leaders - Sep 2011
Alberta tops N. American job markets, report says - Aug 2011
Calgary region house prices forecast to rise - Aug 2011
Alberta economy strongest in Canada - Jun 2011
Alberta's economic future looks bright - Jun 2011
Calgary on hot list for expanding American retailers: Report - Jun 2011
Saskatchewan and Alberta lead growth - Jun 2011
Calgary industrial real estate vacancy declines - Jun 2011
Housing market tied to economic growth - Jun 2011
Interprovincial migration: Alberta set to rocket - May 2011
Obama signals new reliance on oil sands - Mar 2011
Edmonton's liveable city rank moves to 8th from 16th last year - Mar 2011
Western shift in Canadian economy gaining momentm - Feb 2011
Q&A: Housing market trends for 2011- Feb 2011(An article about market forecasts, it's also interesting to note that this expert stays away from REITs, which favours investments like those offered by Prestigious Properties).
Alberta housing affordability best in Canada: RBC - Feb 2011
Forecast pegs oilsands investment at $180B over 20 years - Feb 2011
Alberta job market better than a year ago - Feb 2011
Thumbs up for the Alberta economy! - Feb 2011
Canadians are stampeding to western Canada- Jan 2011
Vacancy rates coming down and rental rates going up in Edmonton because of high demand - Jan 2011
Oil 'could hit $200 a barrel' says Jim Rogers - Feb 2011
Alberta economy returning to pre-recession levels - Dec 2010
REIN ranks 4 Alberta cities in top 10 real estate investment choices in Canada - Jan 2011
Fraser Institute ranks AB first, SK second and BC 3rd as province to invest in - Dec 2010
Even the International Energy Agency expects peak oil now - Dec 2010
Alberta and Saskatchewan tops in 2011 GDP forecast: RBC - Dec 2010
Alberta oilsands spinoffs great for economy: $40B spent on projects last year - Dec 2010
Special Report: Alberta's growing connection to the surging Chinese superpower - Dec 2010
Flurry of energy deals between foreign and Canadian firms in 2010 - Dec 2010
Fall 2010 edition of CMHC's Rental Market Provincial Highlights - Alberta - Dec 2010
CMHC Rental Market Report: Calgary - Dec 2010
CMHC Rental Market Report: Edmonton - Dec 2010
Impact of transportation improvements on housing values in Calgary - Dec 2010
Alberta regains title as Canada’s population growth leader - Nov 2010
Calgary job growth to improve in 2011 - Nov 2010
Alberta still best for investment: think-tank - Nov 2010
What the future holds for the Calgary real estate market - Nov 2010
Brace for peak oil production by decade's end - Oct 2010
U.S. senators propose bill to open flow of oilsands - Oct 2010
Forecast adds to rosy outlook for Calgary - Sep 2010
Oilsands 'acceptably clean': U.S. senator - Sep 2010
Recovery in energy sector fuels Alberta economic growth: RBC Outlook -Sep 2010
Calgary ranked as top investment city in Canada - Aug 2010
Technology pushing growth in oilpatch - Jul 2010
'West outperforming the rest' of Canada - July 2010
Canadian crude oil production to grow by 54% by 2025, with 81% from Alberta - Jun 2010
