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  Why Alberta
Featured Properties Expat Investors Get Started
 

Glenn Siomn IncBelow you will find the facts behind Alberta's incredible economic fundamentals.  When you invest in an area with a strong economic base you leave behind the speculation that emotion based investing brings.

Click Here And Listen in to 90 minutes with Don Campbell as he breaks down what is REAL and what's not in real estate markets from B.C. to Ontario. You can even download the MP3 - all for Free

Watch Don R. Campbell's take on the state of Canada's Real Estate market  "On The Hour"

Alberta and specifically Edmonton has:

A Strong Diverse Economy - The Conference Board of Canada considers Edmonton Alberta the most diverse economy in Canada (based on the distribution of employment among different industries). The result is one of the world's most vibrant and competitive economies.

Increasing Population - Alberta's population growth is double the national average. While the population of Edmonton is expected to increase by 58,000 by the year 2010 an increase of 8,500 to 9,500 annually.

Real Estate Cycle - When Is the right time to buy?  Alberta's and Edmonton's population growth, low vacancy rates and high incomes have positively influenced  the real estate market. This strong real estate market significantly contributes to the Edmonton's economic growth. Edmonton real estate prices have already out performed the nation with increasing at 203% over the last 10 years. The answer is now.

Political Leadership - Positive and growth oriented provincial and city leaders are making infrastructure improvements,  and fostering investment into the area which to date totals $83.3 Billion.

Transportation Improvements - The Anthony Henday ring road and Edmonton's LRT system will make transit more accessible, integrate the LRT with the current transit system an allow addition high-speed transit development in the future.  Our properties are focused in strategic locations near LRT stations and  planned portions of the Anthony Henday which with proper management will increase the R.O.I realized on the property.

 

Alberta Has Economic Growth Rivaled Only By China Glenn Simon Inc
READ Edmonton Real Estate Investor  BLOG to find daily news on Alberta's Economy and Real Estate News

Ready to get started? Find the perfect Alberta Investment Property  for you Click Here

 
 
  No. 1 Cost Effective City To Do Business  
 

The underlying economic fundamentals in Canada are the most favorable in all of the G-7 countries. 2006 KPMG Glenn Simon Incstudy ranked Canada as the No.1 country for the sixth year in a row, and Edmonton as the No. 1 city to do business in the world. Thus creating a stable long term economy.
Edmonton Weekly Economic Highlights Feb 2008 Glenn Simon Inc
Edmonton Weekly Economic Highlights March 2008 Glenn Simon Inc
Toronto Dominion Provincial Update 2007 Glenn Simon Inc
Alberta Economic Highlights 2007
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Alberta Economic Review 2 2007 Glenn Simon Inc
Edmonton Real Estate Market Outlook April 2007
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Ready to get started? Find the perfect Alberta Investment Property  for you Click Here

 
 
  A World Model -  
 

Alberta has  the highest incomes in Canada as well as the lowest taxes making it the most affordable province to live in Canada. Albertan's also have the highest disposable incomes, therefore, they have extra income to spend on homes, automobiles and other big ticket items. Alberta's population is growing faster than any province in the country. 

Edmonton offers a low-tax regime, in addition to Alberta being part of the country with the lowest combined provincial and federal taxes of any province. The city also boasts the 8th lowest property tax among the 23 largest cities in Canada and is in the bottom 5 for business taxes.

Alberta  posted the strongest demographic growth among the provinces during the first three months of 2008, despite its lowest net increase from interprovincial migration for a first quarter since 1995. This was due to Alberta's incredibly low unemployment rate, in fact the lowest in Canada.
Ready to get started? Find the perfect Alberta Investment Property for you Click Here

 
 
  Stable conditions for the long term  
 

Edmonton real estate market expected to be steady in 2009 -"Buyer reluctance will continue through the first part of the year, but confidence will return in the latter part of the year and sales will pick up,"  Charlie Ponde with the Realtors Association of Edmonton

Edmonton has a diversified local economy with a GDP of greater than $44 billion ahead of many other Canadian provinces.

Edmonton's manufacturing sector, Canada’s second largest manufacturing cluster, provides the skills base for Alberta’s oil industry and for emerging natural gas pipelines. Edmonton is second only to Ontario’s Golden Triangle in manufacturing.


To read more:
RBC Housing Market Outlook 2009 Glenn Simon Inc
RBC Provincial Forecast 2009
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Alberta's Growing Workforce
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Edmonton's exceptional economy, industrial expansion and business confidence creates a climate that promotes long-term investments such as property. The  conditions that are helping to fuel unrelenting demand for housing, pushing building permit values, housing starts and resale prices to record levels. National and global economists agree that the long term forecast for economic growth will continue well into the next decade.
Alberta Profile - Scotia Bank of Canada

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  Alberta's Oilsands second only to Saudi Arabia.  
 

Greater Edmonton is the service and supply hub of Alberta's oil and gas industry. Alberta's Oilsands hold a proven 175 billion barrels of recoverable oil, second only to Saudi Arabia. CIBC World Market chief economist (Jeff Ruben) reports ('06) Alberta
Oilsands to be the world's largest source of new crude oil by 2010.

There are more than $90 billion in private sector projects announced or planned for the Edmonton service area - many based in oil sands development. Almost $.50 cents of every dollar spent on these Edmonton based projects will be spent on procurements and people, nearly doubling our the metropolitan areas industrial base within 10 years.

Oil Sands could top Saudi Arabia by 2010
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The Future of North American Energy CBS 60 Minutes Report
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An Oil Reserve That Can Last Centuries
High Technology Transforms Petroleum Market

Alberta Oil Sands to Star
The world's Largest Single Deposit Of Oil

Petro-Canada Oil Sands Strategy

Alberta Oilsands Heartland Region Next Big Boom
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In 2003 the TD bank identified "the corridor"- Edmonton to Calgary as the most prosperous region in Canada, an economic "tiger." It's the only place in the entire country " to blend U.S. levels of wealth with the Canadian-style quality of life."

"....two years on and the TD number crunchers say economic growth in the corridor "has exceeded the expectations we formulated in our 2003 report." The standard of living for the 2.2 million people estimated to be a whopping 47% higher than the Canadian average. We're even 23% more prosperous then the US average.

Paul Stanway The Edmonton Sun Friday October 7th 2005

Alberta Oil Sands CIBC Report 2006 Glenn Simon Inc
Canadian Investor Report Glenn Simon Inc

Ready to get started? Find the perfect Alberta Investment Property for you Click Here

 
 
 
 

 

 
 
 
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