Alberta Economics

Why Invest in Alberta, Canada?

Alberta has been repeatedly ranked as the number one economy in North America and the future looks bright as world energy demands in 2050 are forecast to be triple those of 2010. With the third largest oil reserves on the planet, Alberta will play a key part in meeting world energy demands both now and in the future. Many nations including the United States, Russia, China and India have invested billions of dollars into the development of Canada’s Oilsands. This is a long term trend which will witness over two trillion dollars of investment capital going to Alberta energy projects through 2035.

With a world class financial system which came through the global economic crisis of 2008 virtually unscathed, banking in Canada is widely considered extremely efficient and safe. If the economic corridor between the two largest cities were a separate country, it would have one of the largest GDP per capita on earth. Alberta’s capital city of Edmonton is an economic powerhouse and the closest metropolis to the world famous oilsands. The Economist magazine declared the largest city of Calgary as the 5th best place to live in the world for 2010-2017 based on metrics that weigh stability, healthcare, culture, environment, education and a city’s infrastructure. Canada has a commodity based currency whose appeal is backed by a growing world demand for oil which is largely based in Alberta. Furthermore, Alberta has no regional sales tax, a high credit rating since 2001 and a highly skilled workforce with average incomes substantially higher than the rest of the country.

For more information, please visit these websites:

Wikipedia’s Economic Summary of Alberta

http://tinyurl.com/d7ya7aa

Alberta credit rating

http://tinyurl.com/jw2m979

Alberta’s oilsands

http://www.oilsands.alberta.ca/ 

Government of Alberta’s Economic Summary 

http://alberta.ca/industryandeconomy.cfm

Canadian Association of Petroleum Producers

http://www.capp.ca/Pages/default.aspx

Alberta Supernet   

http://www.thealbertasupernet.com/

Alberta Economic Dashboard

http://tinyurl.com/mw9ddkz

Alberta’s Industrial Heartland

http://tinyurl.com/a6u2wha

Alberta Foothills

http://tinyurl.com/mttsydw

RBC Provincial Trends: Alberta

http://tinyurl.com/q4pnmtn

Travel Alberta

http://travelalberta.com/

Immigrating to Alberta, Canada

http://tinyurl.com/b67y7b2

Investing in Alberta

http://tinyurl.com/k8toqvq

Canada Mortgage and Housing Corporation 

http://www.cmhc-schl.gc.ca/en/index.cfm

Real Property Reports

http://tinyurl.com/og5kajk

Alberta Landlords Association

http://tinyurl.com/qz99mty 

Local Economic Development contacts

Airdrie: http://tinyurl.com/9shamxv

Calgary: http://tinyurl.com/ydlkgfx

Cochrane: http://tinyurl.com/lz3wtne

Devon: http://tinyurl.com/zy32guv 

Edmonton:  http://tinyurl.com/7hh8kc9

Edmonton (City):  http://tinyurl.com/cxbzjwh  

Fort McMurray: http://tinyurl.com/9cvemch

Fort Saskatchewan: http://tinyurl.com/phfk83k

Grande Prairie:  http://tinyurl.com/9rwyyfx

High River:  http://tinyurl.com/kwct62l

Lethbridge:  http://tinyurl.com/8q2yhzd

Medicine Hat: http://tinyurl.com/qz62z9l

Okotoks:  http://tinyurl.com/8h2gtpk

Peace River: http://tinyurl.com/or4ub9r

Red Deer:  http://tinyurl.com/4r9r5nt

Sherwood Park:  http://tinyurl.com/8uotbsj

St. Albert: http://tinyurl.com/nkd9bea

Strathcona County: http://tinyurl.com/q9hs7xd

Sturgeon County: http://tinyurl.com/kyrnmja

Sylvan Lake: http://tinyurl.com/b9nmyut  

Stony Plain:  http://tinyurl.com/8p8ymlx