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
Canada to 2058: Projections of Demographic Growth & Change - Nov 2009
CMHC Rental Market Report: Alberta Highlights - Fall 2009
CMHC Rental Market Report: Edmonton - Fall 2009
Edmonton Economic Development Corporationg Quarterly Report - Oct 2009
Highlights of the Alberta Economy 2009 - Sept 2009
New Oilers arena 'underway' - Sept 2009
Calgary businesses cheer economy's return to growth - Sept 2009
One certainty: Gas will go up - Sept 2009
Calgary housing market in full recovery mode - Sept 2009
Conference Board confident on oil sands outlook - Sept 2009
Oil sands output to double by 2013: report - Sept 2009
Alberta Major Construction Projects Summary - June 2009
Newell on PetroChina taking a $1.9B stake in oil sands - Sept 2009
Most Recent Monthly Economic Indicators - May 2009
Marketview: Edmonton Multihousing, CB Richard Ellis - 2Q 2009
Marketbeat: Edmonton Multifamily Report, Cushman & Wakefield - 2Q 2009
Falling Costs Revive Oil Sands - May 2009
Inventory of Major Alberta Projects - April 2009
MARKETBEAT: Edmonton Apartment Report, Cushman & Wakefield - Outlook 2009
CMHC 2009 Housing Market Outlook (with a section on Alberta)
Avison Young Edmonton Multi-Family Real Estate Market Report 2008 Year End and 2009 Outlook
Alberta Ranks First For Investment, Ontario Fifth - December 2008
Alberta Economic Quick Facts July 2008 - Government of Alberta
Alberta Monthly Economic Review July 2008
Economic and Financial Market Outlook July 2008 RBC Economics
