Edmonton Real Estate Investor: 2012

I'm winding up for the holidays and with that comes the invariably large amount of videos forwarded from friends and family. I don't watch a lot but this one really stuck out.

Obviously people are doing different things than me in their free time. I never get up to this kind of stuff Prepare to be amazed here.

Alberta Oil Sands Investment Real Estate News®
Glenn Simon Inc., Suite 1217, 5328 Calgary Trail NW, Edmonton, Alberta, Canada. Tel 1-888-780-5940 Fax 1-888-276-4517
www.glennsimoninc.com email: info@glennsimoninc.com

December 15th., 2012
Volume 13, Issue 8

Dear Friends and Partners,

With the Holiday Season upon us make sure to spend time with your loved ones. You can't succeed if you don't recede from your work. It's the only way to get a clear picture on where you are and where you are going. So, instead of burning the midnight oil why not sit back relax and drink some eggnog.

Check out the December issue of Canadian Real Estate Wealth Magazine for the 2013 Property Forecast. You'll find our outlook on Alberta along with two other experts in the province.

From our family to yours, we wish you a happy, healthy Holiday Season and prosperous New Year! Our newsletter will resume from January 15th 2013.

North Central Edmonton: 6-Suite Cashflow Property in Kilarney

Turbo charge your portfolio. Upgraded 1969 built 1 and a half story 6 unit property with separate entrance to lower suites. Most units upper units have been renovated. You'll find spacious 3 X 2bd upstairs and bright 3 X 1bd units downstairs. Renovations at time of purchase include new roof, 2 HWT and furnaces. The 3 lower units are each 700 sqft 1 bedroom suites. Features down include some new tiles and flooring. There is common laundry down. The yard is large and partially fenced. Additional upgrades after purchase will include new windows and exterior/upper suite modernization. 5 minutes to Yellowhead, 15 to Fort Saskatchewan, 10 minutes to downtown and NAIT. Fast access to the Wayne Gretzky Drive and on bus routes.

Comes complete with great tenants making this a totally turn-key property for you. Convenient North central area with easy access to transit and downtown. Kilarney is a mature and desirable family neighbourhood that will benefit from the downtown airport ripple effect. Highly rentable area; solid value and stable rents. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this home in relation to Edmonton's improving North East.

Produces $415.11 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

Purchase price: $595K Total Investment: $138,918K. Your Estimated 5 Year Profit $75,410.23K. Your pre-tax Total ROI is 54% or 11% per year

These 6 suites rent for top dollar and have everything arranged, including financing structure and incredible tenants. Your investment includes: impeccable tenant selection, financial analysis, professional inspection, insurance, financing set-up, legal fees, basic accounting, reserve fund, CMA, bi-annual statements, strategic market planning to ensure successful entry and exit, plus much more!

=========================

Northern Alberta's Robust Economy Focus of Talks with Harper's Cabinet Ministers

EDMONTON - Many Canadians don’t realize how vital the Alberta oilsands are to the national economy, and the need for a public dialogue based on facts is critical to the success of the industry, says the co-author of a report by a leading financial advisory firm.

“The oilsands are going to be the economic engine for the country for the foreseeable future, for the next 25 to 30 years, and it is akin to the impact of building the national railway in the 1880s,” said Marc Joiner, a partner at Deloitte in Toronto.

The firm’s report, Gaining Ground in the Sands 2013, outlines 10 obstacles and opportunities and cites the need for a national debate and some kind of unified action and direction, perhaps along the lines of the Canadian energy strategy being promoted by Alberta Premier Alison Redford.

If federal cabinet ministers Jason Kenney, Maxime Bernier and Ed Fast didn’t fully appreciate just how much northern Alberta’s oilsands-driven economy is contributing to Canada’s GDP, or the magnitude of the region’s pressing labour force needs, they do now.
A delegation of Edmonton business and educational leaders travelled to Ottawa last week, where they delivered that message in spades in private meetings with several senior members of the Harper government.

They included representatives from the Prime Minister’s Office, as well as Immigration Minister Kenney, Bernier (the Minister of State, Small Business and Tourism), and Fast, the Minister of International Trade, Minister of Asia-Pacific Gateway. GRAB THIS STORY

===============

Edmonton Tops Numbeo Quality Of Life Index, Beats Calgary, Montreal, Toronto and Vancouver

By The Huffington Post, December 3rd 2012

Edmonton beat all Canadian cities, and ranked third in the world in a Quality of Life analysis conducted by Numbeo. The festival city beat Calgary, Montreal, Toronto and Vancouver, and ranked third only to Berlin and Zurich in the index. FOLLOW THIS ARTICLE

===============

Edmonton Winning Economic Battle with Calgary

By Calgary Herald, November 30th 2012

EDMONTON - Edmonton’s economy and housing market have been improving and are outperforming Calgary on several fronts, according to an analysis from the Conference Board of Canada.
These yardsticks include faster economic and house price growth this year, along with more housing starts in four of the past five months. The city’s housing markets should remain buoyant, fuelled by healthy population advances, said Robin Wiebe, senior economist with the board’s Centre for Municipal Studies. READ MORE HERE

===============

I appreciate all your calls and emails. I'm looking forward to helping you with your next step towards building real wealth.
Your success continues EVERYDAY, let me help you build for tomorrow.

"Once you make a decision, the universe conspires to make it happen." -Ralph Waldo Emerson

Warm Regards,

Todd and Danielle Millar

===SPECIAL NOTICE: NO CASH, BUT GOOD CREDIT? CALL US TODAY TO LEARN HOW YOU CAN OWN INVESTMENT PROPERTY===
P.S. Stay ahead by checking out Danielle's daily blog at Edmonton Real Estate Investor for all your cutting edge market news and information.

P.P.S. Don’t forget to visit our website and take advantage of the Resource Tools and product section including REIN's #1 real estate books and Quick Start homestudy sets at a discount. Get your copy of the Canadian Success Stories book and the 2010-2014 Top Ten Investment Towns of Alberta and Ontario.

Edmonton, Alberta was ranked the third best place in the WORLD to live by Numbeo

What is Numbeo?
"Numbeo is the world’s largest database of user contributed data about cities and countries worldwide, especially living conditions: cost of living, housing indicators, health care systems, traffic, crime and pollution."

This story came to my attention not because it was on the front page of every Edmonton newspaper but because it wasn't. Edmonton Mayor Stephen Mandel was not impressed. Huffington post's article brought many amusing comments that typically broke out into a fight.

It's crowd sourced information so many have called the ranking unreliable. I live here and I've lived across Canada and in other countries. In my opinion based on my experiences Edmonton is not bad at all in fact it's pretty darn great.

Sure winter is long but if you embrace and get the gear you will have a great time. It's sunny all year round, great affordable housing and so much to do.

I mean you could always live in Vancouver and get an entry level home like this or in Montreal and not have a job - just saying.

I've finally started a job that I put off for 8 months. Yes 8 MONTHS. Everyday the pile taunted me as I cleared lower level tasks on my desk. As I crossed off more and more jobs on my to do lists over the year I still never felt satisfied because they were never the job I knew I should be doing. Other times I would ease tension and kill time I should be using on the big job to surf the net or look up the most ridiculous things.

Finally, finally today I started. I gritted my teeth got down to it and lost about 2 hours in such focus on the job that I was disappointed when I had to stop. It had been so long since I had done this "housekeeping" type job that I had forgotten how to do it. I spent 30 minutes dithering about trying to figure it out until I got it then realized - "Hey I like this job!" wait there is more IT WAS FUN.

So why hadn't I done it? Is it an upper limit problem?

So I give you this:

“Time is an equal opportunity employer. Each human being has exactly the same number of hours and minutes every day. Rich people can't buy more hours. Scientists can't invent new minutes. And you can't save time to spend it on another day. Even so, time is amazingly fair and forgiving. No matter how much time you've wasted in the past, you still have an entire tomorrow.”
― Denis Waitley

and this:

“If it weren't for the last minute, nothing would get done.”
― Rita Mae Brown

I think I will finish this job this week and have a great time doing it. Isn't that funny.

Alberta Oil Sands Investment Real Estate News®
Glenn Simon Inc., Suite 1217, 5328 Calgary Trail NW, Edmonton, Alberta, Canada. Tel 1-888-780-5940 Fax 1-888-276-4517
www.glennsimoninc.com email: info@glennsimoninc.com

December 1st., 2012
Volume 13, Issue 7

Dear Friends and Partners,

I took part in pretty good workshop last week and here's one of the takeaways I got;
"If you want people to listen to you, listen to them". Simple enough, right? Something good to practice everyday and double time over the holidays.

At this event we were seated in tables of 5. I immediately noticed that my partner for the morning session had a real knack at asking excellent questions and then listening empathetically to the reply. Actually, it really wouldn't have mattered if her questions weren't as good as they were, it was at the quality and depth of her listening.

I asked her what line of work she was in and it turned out that she is a psychologist. Now you don't need to be a psychologist to listen well, but granted she's honed her skills. Nevertheless speaking with her reminded me of the effectiveness asking a few quality questions can bring. The real skill can be found in and waiting, listening and drawing out your partners reply - and not necessarily comment on it, just acknowledging it.

Another useful comment the speaker made was to 'Grow your strengths and manage your weaknesses'. It's a fairly popular adage and also a powerful one, especially when you apply it to the people that you work with, your family and your kids. Have them tell you what they perceive as strengths/weaknesses and then build them up whenever you have the chance. If you have kids you know they will love this exercise and your wife will tell you without asking!

Cashflow King - Great Price Killarny 6 Suiter

Turbo charge your portfolio. Upgraded 1969 built 1 and a half story 6 unit property with separate entrance to lower suites. Most units upper units have been renovated. You'll find spacious 3 X 2bd upstairs and bright 3 X 1bd units downstairs. Renovations at time of purchase include new roof, 2 HWT and furnaces. The 3 lower units are each 700 sqft 1 bedroom suites. Features down include some new tiles and flooring. There is common laundry down. The yard is large and partially fenced. Additional upgrades after purchase will include new windows and exterior/upper suite modernization. 5 minutes to Yellowhead, 15 to Fort Saskatchewan, 10 minutes to downtown and NAIT. Fast access to the Wayne Gretzky Drive and on bus routes.

Comes complete with great tenants making this a totally turn-key property for you. Convenient North central area with easy access to transit and downtown. Kilarney is a mature and desirable family neighbourhood that will benefit from the downtown airport ripple effect. Highly rentable area; solid value and stable rents. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this home in relation to Edmonton's improving North East.

Produces $415.11 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

Purchase price: $595K Total Investment: $138,918K. Your Estimated 5 Year Profit $75,410.23K. Your pre-tax Total ROI is 54% or 11% per year

These 6 suites rent for top dollar and have everything arranged, including financing structure and incredible tenants. Your investment includes: impeccable tenant selection, financial analysis, professional inspection, insurance, financing set-up, legal fees, basic accounting, reserve fund, CMA, bi-annual statements, strategic market planning to ensure successful entry and exit, plus much more!

=========================

Alberta Oilsands to Propel Canadian Economy for Next 25-30 Years, Report Says
EDMONTON - Many Canadians don’t realize how vital the Alberta oilsands are to the national economy, and the need for a public dialogue based on facts is critical to the success of the industry, says the co-author of a report by a leading financial advisory firm.

“The oilsands are going to be the economic engine for the country for the foreseeable future, for the next 25 to 30 years, and it is akin to the impact of building the national railway in the 1880s,” said Marc Joiner, a partner at Deloitte in Toronto.

The firm’s report, Gaining Ground in the Sands 2013, outlines 10 obstacles and opportunities and cites the need for a national debate and some kind of unified action and direction, perhaps along the lines of the Canadian energy strategy being promoted by Alberta Premier Alison Redford.

The Deloitte report lists some facts about the oilsands, including the estimated generation of $2.1 trillion in economic benefits over the next 25 years and 905,000 jobs across Canada by 2035. Outside Alberta, about $5 billion each year in supplies and services will be flooding into the province, primarily from B.C., Ontario and Quebec, states the report. GRAB THIS STORY

===============

Finding Skilled Workers a Tough Job All Over the World, Not Just Alberta

By Gary Lamphier, Edmonton Journal, November 27th 2012

EDMONTON - With the lowest jobless rate and the fastest-growing economy in Canada, Alberta is again grappling with labour shortages.
The situation isn’t yet as severe as it was at the height of the last boom, but if existing trends persist, a repeat of 2006-2007 may be just a year or two away.

Which is why Alberta government and business leaders have spent the past year pounding the table, warning of a looming shortage of more than 100,000 workers by 2020.

What is less well known, however, is that Alberta’s labour challenges are hardly unique. If anything, the global competition for qualified workers will get far tougher in the years ahead. FOLLOW THIS ARTICLE

===============

Calgary Top Real Estate Investment Market in Canada, Edmonton Ranked Second

By Mario Toneguzzi, Calgary Herald, November 12th 2012

CALGARY — Calgary has been ranked as the top real estate investment market in the country followed by Edmonton by the Real Estate Investment Network Ltd.
In its Top Alberta Investment Towns report, REIN said that Alberta’s economy has come out on top after a few years of economic turbulence.

The report identifies towns and regions poised to outperform other regions of the province over the next three to five years.

And none is better than Calgary.

“After a couple of roller-coaster years, Calgary is back on a roll. The return of jobs to the city, as well as greatly reduced office vacancy rates show us that the city’s short slump has come to an end,” said the report. “Recording a GDP growth of three per cent in 2011, and one of the lowest unemployment rates in the country, it’s no wonder Calgary is sitting as one of the top places in North America for property investors. When you combine the economic fundamentals, the population growth, and a burgeoning provincial economy, it is easy to see why so many businesses and people have come to call the city home. READ MORE HERE

===============

I appreciate all your calls and emails. I'm looking forward to helping you with your next step towards building real wealth.
Your success continues EVERYDAY, let me help you build for tomorrow.

"Hard times arouse an instinctive desire for authenticity." -Coco Chanel

Warm Regards,

Todd and Danielle Millar

===SPECIAL NOTICE: NO CASH, BUT GOOD CREDIT? CALL US TODAY TO LEARN HOW YOU CAN OWN INVESTMENT PROPERTY===
P.S. Stay ahead by checking out Danielle's daily blog at Edmonton Real Estate Investor for all your cutting edge market news and information.

P.P.S. Don’t forget to visit our website and take advantage of the Resource Tools and product section including REIN's #1 real estate books and Quick Start homestudy sets at a discount. Get your copy of the Canadian Success Stories book and the 2010-2014 Top Ten Investment Towns of Alberta and Ontario.

Alberta Economic Snapshot for Nov. 17, 2012 Troy Media - "The rest of Canada just doesn’t understand the importance of the oil sands to the economic future of the country; at least that’s the message from a Deloitte study released this week. According to the report, “government revenues related to the industry raised close to $22 billion and provide indispensable support for social programs Canadians value.” The report goes on to suggest if the social license to develop the oil sands is revoked there is no ready alternative to these funds. Canadians from coast to coast need to be aware of the trade-off. Of course there are other issues at play."

Alberta's Economy the best in Canada in 2011 - "Alberta’s economy grew at the fastest rate among the provinces in 2011, expanding 5.1 per cent compared with an increase of 4.0 per cent in 2010, according to Statistics Canada.

The federal agency reported Monday that exports in the province advanced 9.2 per cent, more than four times their pace in 2010. Consumer spending rose 3.4 per cent, driven by household outlays on durable goods, notably new trucks and used motor vehicles, and services. Business investment was up 7.6 per cent, despite a 5.2 per cent decline in investment in residential housing."

Alberta’s economy grew at the fastest rate among the provinces in 2011, expanding 5.1 per cent compared with an increase of 4.0 per cent in 2010, according to Statistics Canada.
The federal agency reported Monday that exports in the province advanced 9.2 per cent, more than four times their pace in 2010. Consumer spending rose 3.4 per cent, driven by household outlays on durable goods, notably new trucks and used motor vehicles, and services. Business investment was up 7.6 per cent, despite a 5.2 per cent decline in investment in residential housing.

Read more: http://www.calgaryherald.com/business/Alberta+economy+best+Canada+2011/7569734/story.html#ixzz2DetXytml

Alberta's Economy keeps market strong - "With Alberta’s economy moderating — but remaining above the national average — the province’s housing markets look to be balanced in 2013, with prices modestly increasing, says a federal agency.
Alberta’s strong net migration, strong full-time employment combined with a low unemployment rate, and continuing low mortgage rates are all contributing to the healthy outlook, said regional economist Lai Sing Louie of Canada Mortgage and Housing Corp.
“The oilsands are Alberta’s ace in the hole — it’s driving our economy,” Louie said at a recent presentation of CMHC’s Alberta economic and housing market outlook."

With Alberta’s economy moderating — but remaining above the national average — the province’s housing markets look to be balanced in 2013, with prices modestly increasing, says a federal agency.
Alberta’s strong net migration, strong full-time employment combined with a low unemployment rate, and continuing low mortgage rates are all contributing to the healthy outlook, said regional economist Lai Sing Louie of Canada Mortgage and Housing Corp.
“The oilsands are Alberta’s ace in the hole — it’s driving our economy,” Louie said at a recent presentation of CMHC’s Alberta economic and housing market outlook.

Read more: http://www.calgaryherald.com/Alberta+economy+keeps+market+strong/7597332/story.html#ixzz2DevVUE76

With Alberta’s economy moderating — but remaining above the national average — the province’s housing markets look to be balanced in 2013, with prices modestly increasing, says a federal agency.
Alberta’s strong net migration, strong full-time employment combined with a low unemployment rate, and continuing low mortgage rates are all contributing to the healthy outlook, said regional economist Lai Sing Louie of Canada Mortgage and Housing Corp.
“The oilsands are Alberta’s ace in the hole — it’s driving our economy,” Louie said at a recent presentation of CMHC’s Alberta economic and housing market outlook.

Read more: http://www.calgaryherald.com/Alberta+economy+keeps+market+strong/7597332/story.html#ixzz2Det0ZA7b

Alberta’s economy grew at the fastest rate among the provinces in 2011, expanding 5.1 per cent compared with an increase of 4.0 per cent in 2010, according to Statistics Canada.
The federal agency reported Monday that exports in the province advanced 9.2 per cent, more than four times their pace in 2010. Consumer spending rose 3.4 per cent, driven by household outlays on durable goods, notably new trucks and used motor vehicles, and services. Business investment was up 7.6 per cent, despite a 5.2 per cent decline in investment in residential housing.

Read more: http://www.calgaryherald.com/business/Alberta+economy+best+Canada+2011/7569734/story.html#ixzz2DesUBeix

Alberta’s economy grew at the fastest rate among the provinces in 2011, expanding 5.1 per cent compared with an increase of 4.0 per cent in 2010, according to Statistics Canada.
The federal agency reported Monday that exports in the province advanced 9.2 per cent, more than four times their pace in 2010. Consumer spending rose 3.4 per cent, driven by household outlays on durable goods, notably new trucks and used motor vehicles, and services. Business investment was up 7.6 per cent, despite a 5.2 per cent decline in investment in residential housing.

Read more: http://www.calgaryherald.com/business/Alberta+economy+best+Canada+2011/7569734/story.html#ixzz2DesUBeix

Read more: http://www.calgaryherald.com/business/Alberta+economy+best+Canada+2011/7569734/story.html#ixzz2DesFQvA8

“For the most part, Western Canadian provinces have been relatively shielded from the fiscal and economic troubles lingering in external markets,”

Read more: http://www.calgaryherald.com/business/Alberta+economy+best+Canada+2011/7569734/story.html#ixzz2DesFQvA8

Read more: http://www.calgaryherald.com/business/Alberta+economy+best+Canada+2011/7569734/story.html#ixzz2Des22wdY

e: helopment of the oilsands is expected to continue to drive economic growth in Alberta, despite the recent slide in oil prices. Tight labour markets – the unemployment rate is down to 4.5 per cent – have boosted wages and consumer spending. Alberta is forecast to lead all provinces in growth for the second consecutive year, with real GDP set to expand by 3.4 per cent in 2012.”

Read more: http://www.calgaryherald.com/business/Alberta+economy+best+Canada+2011/7569734/story.html#ixzz2Des22wdY

Development of the oilsands is expected to continue to drive economic growth in Alberta, despite the recent slide in oil prices. Tight labour markets – the unemployment rate is down to 4.5 per cent – have boosted wages and consumer spending. Alberta is forecast to lead all provinces in growth for the second consecutive year, with real GDP set to expand by 3.4 per cent in 2012.”

Read more: http://www.calgaryherald.com/business/Alberta+economy+best+Canada+2011/7569734/story.html#ixzz2Des22wdY

“Development of the oilsands is expected to continue to drive economic growth in Alberta, despite the recent slide in oil prices. Tight labour markets – the unemployment rate is down to 4.5 per cent – have boosted wages and consumer spending. Alberta is forecast to lead all provinces in growth for the second consecutive year, with real GDP set to expand by 3.4 per cent in 2012.”

Read more: http://www.calgaryherald.com/business/Alberta+economy+best+Canada+2011/7569734/story.html#ixzz2DerqCCQd

From the Alberta, Canada Website:

"From the beginning, the story of Alberta has been tied to the remarkable wealth of the land offered by diverse landscapes, fertile soils, rich forests, and more recently, oil and energy resources. Albertans continue to bring to this land their dreams and aspirations, realizing opportunities, responding to challenges in a spirit of entrepreneurship and industry, their hard work rewarded by beautiful, healthy Alberta that is the best place to live, work, and raise a family.

Today, investors and entrepreneurs from around the world are drawn to Alberta - its energy, optimism and success.

The people of Alberta enjoy a very high quality of life, including the lowest overall taxes in Canada. Albertans have the highest disposable incomes in Canada, the lowest unemployment rate, and a big, beautiful backyard to enjoy all year long. That’s why so many people think Alberta is an ideal place to live, work , and do business."

There is a presentation up from August 2012 the great thing is these presentations don't take a degree in Economics to understand. That is why they are so informative for the layperson to get a feel of what is happening in our province.

Get your PDF here

I used an judgement enforcement company for the first time this month. I had a tenant who was so pernicious and ridiculous that I couldn't deal with this person any more. It dawned on me that receiving 10 - 15 absurd emails a day was something I didn't have to deal with. The only trouble was I've often prided myself on doing everything related to management so it was a big leap for me to hire someone to do something I'm perfectly capable of doing.

Then I realized -as landlords and business owners there is a lot that we delegate, taxes, cleaning, repairs and the list grows as your business grows. There comes a time when you are managing that you have to remove yourself from a tenant situation and let someone totally impartial do the job. Credit Info Canada did everything and the only time they contacted me was to tell me the job was done and there was an order to vacate against the tenant.

I love that.

Alberta Oil Sands Investment Real Estate News®
Glenn Simon Inc., Suite 1217, 5328 Calgary Trail NW, Edmonton, Alberta, Canada. Tel 1-888-780-5940 Fax 1-888-276-4517
www.glennsimoninc.com email: info@glennsimoninc.com

November 15th., 2012
Volume 13, Issue 6

Dear Friends and Partners,

Fantastic news last week about Fort Saskatchewan's $5.7B up-grader approval. Work is slated to start as early as spring 2013 and requires 3000 full time jobs for three years - and there will be a job spin off creating an additional 3000+ support/industry jobs.

I remember these same headlines in 2003 starting to creep in. I think the growth spurt this time will be more manageable than the sharp increase and decline we had last time around. So, position yourself well, we've got a lot of green-lights lining up ahead.

Renovation Special - South Central Edmonton: 4-Suite Cashflow Property in Avonmore
Here's a renovation special that offers value and will turbo charge your portfolio. We've added all costs to renovate and calculated post-reno projections - currently renovations have not been started. Soon to be: Upgraded 1965 built suited side by side bungalow with separate entrance to lower suites. Upgraded upper suites are a 1 X 2bd and 1 X 3bd fully self contained, bright units. Renovations at time of purchase include flooring, paint and appliances. The lower units each have a 1 bedroom 900 sqft suite. Features down include new bathrooms, tiles, counters and flooring. Features include en-suite laundry. The yard is a divided and fenced. There is a double detached garage with automatic door and opener, bringing additional revenue. Additional upgrades after purchase will include new windows and exterior/upper suite modernization. 10 minutes to U.O.A., 5 Mins to Whyte Ave, Bonnie Doon and Downtown. Fast access to the Yellowhead and Whitemud via Wayne Gretzky Drive, on bus routes. These pictures are pre-renovation.

Comes complete with great tenants making this a totally turn-key property for you. Convenient South central area with easy access to transit and downtown. Avonmore is an established and desirable neighbourhood featuring highly rentable area; solid value and stable rents. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this home in relation to Edmonton's trendy South side.

Produces $397.22 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

Purchase price: $575K Total Investment: $132,120K. Your Estimated 5 Year Profit $72,069.88K. Your pre-tax Total ROI is 55% or 11% per year + $397.22 Cash Flow

These 4 suites rent for top dollar and have everything arranged, including financing structure and incredible tenants. Your investment includes: impeccable tenant selection, financial analysis, professional inspection, insurance, financing set-up, legal fees, basic accounting, reserve fund, CMA, bi-annual statements, strategic market planning to ensure successful entry and exit, plus much more!

=========================
Communities Around New Upgrader Project looking Forward To Economic Impact

By Julia Parish, CTV News Canada, November 8th 2012

On Thursday, Sturgeon County officials said a major upgrader project, with significant economic spinoffs, has been confirmed – and construction is set to start in early 2013.

Officials said the joint project called the North West Redwater Partnership Sturgeon Refinery Project (NWR) was announced by partners North West Upgrading Inc. and Canadian Natural Upgrading Limited.

Once it’s finished, the project will be billed as the world’s first clean bitumen upgrader, and the first one to be built in the province in decades.

“This is the first upgrader that’s been done in Alberta in the last nearly thirty years,” Energy Minister Ken Hughes said. “This is a very important step forward.”

In a release, Sturgeon County Mayor Donald Rigney said the project was the result of ten years of work with the team behind the project. GRAB THIS STORY

===============

Energy Sector Grapples With Acute Labour Shortage

By Yadullah Hussain, Financial Post, October 29th 2012
Any legitimate job offering $80,000-plus as a starting salary should be an easy sell to students in these troubled economic times, right? Wrong.

“Even in Alberta there is a poor connection in the K-12 education system to find balanced information about the oil and gas industry,” says Cheryl Knight, executive director and chief executive of the Petroleum HR Council of Canada. “The environmental messaging is much more attractive and probably easier to make interesting for students everywhere. It is a key problem that our industry faces, even just outside my door.”

The Calgary-based organization, partly funded by the Government of Canada’s Sector Council Program and supported by prominent bodies such as the Canadian Association of Petroleum Producers, says this is just one of a number of challenges facing the energy industry. FOLLOW THIS ARTICLE

===============

Edmonton's low Unemployment Rate Second Only To Regina's

By Edmonton Journal, November 2nd 2012

EDMONTON - The city’s unemployment rate remained the second lowest in the country in October, according to Statistics Canada.
Unemployment in the Edmonton census metropolitan area (CMA) dipped 0.2 percentage points from the previous month to 4.3 per cent, the federal agency said. It’s the second month in a row that Edmonton has posted the nation’s second-lowest jobless rate among CMAs. Only Regina, at 3.9 per cent, was lower in October.

The federal agency said Alberta had the lowest unemployment rate in Canada in October, at 4.5 per cent. That was up 0.1 percentage points from September. READ MORE HERE

===============

I appreciate all your calls and emails. I'm looking forward to helping you with your next step towards building real wealth.
Your success continues EVERYDAY, let me help you build for tomorrow.

"Sometimes the poorest man leaves his children the richest inheritance." -Ruth E. Renkel

Warm Regards,

Todd and Danielle Millar

===SPECIAL NOTICE: NO CASH, BUT GOOD CREDIT? CALL US TODAY TO LEARN HOW YOU CAN OWN INVESTMENT PROPERTY===

P.S. Stay ahead by checking out Danielle's daily blog at Edmonton Real Estate Investor for all your cutting edge market news and information.

P.P.S. Don’t forget to visit our website and take advantage of the Resource Tools and product section including REIN's #1 real estate books and Quick Start homestudy sets at a discount. Get your copy of the Canadian Success Stories book and the 2010-2014 Top Ten Investment Towns of Alberta and Ontario.

What a beautiful day outside if you're looking out your window. Driving in it not so nice. Days like this remind me of why Edmonton should become a winter city. We could play it so well.

Yesterday's balmy 7C made me think- what if winter in Edmonton stayed this way? Last year was warm what if it just keeps getting warmer? It would certainly change the dynamic of the city. I wonder if Edmonton would explode in population growth as it became "easier" an easier place to live.

The jobs are enough to beckon many but some must still stay away because of the extreme temperatures. I'm thinking the call of the loonie is compelling enough to get a good winter gear and get out here.

I even bought a pair of Sorels this year the serious up to your knee -40C ones. They are awesome. This coming from a girl who tottered around in 4 inch oxblood Italian leather boots her first year in Edmonton. They now slump salt stained in the back of my closet waiting for summer.

Alberta Oil Sands Investment Real Estate News®
Glenn Simon Inc., Suite 1217, 5328 Calgary Trail NW, Edmonton, Alberta, Canada. Tel 1-888-780-5940 Fax 1-888-276-4517
www.glennsimoninc.com email: info@glennsimoninc.com

November 1st., 2012
Volume 13, Issue 5

Dear Friends and Partners,
Do you get a little nervous when you're about to make a big 'change'? Some things I jump right into and others make me feel apprehensive. It was a big step for us to leave our successful business overseas and return to Canada. It was a lot of hard work to set up our property management arm but it is also a big success.

We recently went through a transition with one of our team members. He ran one of our repair crews and the job him and his team did was a valuable part of our business. We came to a point where we are growing and improving but his team was slipping into contentment. In order for us to move forward, operate our business better and serve our clients more attentively - we needed to let him go.

We had a bit of trepidation about this (aside from the personal relationship we have with him; as we tried to increase skills and motivation to keep him on board) as it is a real challenge to find and retain, reliable, skilled staff in a booming Edmonton. But - we did it. We let go of the fear, set specific targets and attracted (with much screening) the person and team we needed.
I think approaching this transition from an empowered and excited belief we created and improved the crew we needed. Makes you wonder - what things do you put up with because they are to hard or daunting to change? Imagine the liberation you will feel being freed from your situation.

Just do it!

Reno Special - South Central Edmonton: 4-Suite Cashflow Property in Avonmore

Here's a renovation special that offers value and will turbo charge your portfolio. We've added all costs to renovate and calculated post-reno projections - currently renovations have not been started. Soon to be: Upgraded 1965 built suited side by side bungalow with separate entrance to lower suites. Upgraded upper suites are a 1 X 2bd and 1 X 3bd fully self contained, bright units. Renovations at time of purchase include flooring, paint and appliances. The lower units each have a 1 bedroom 900 sqft suite. Features down include new bathrooms, tiles, counters and flooring. Features include en-suite laundry. The yard is a divided and fenced. There is a double detached garage with automatic door and opener, bringing additional revenue. Additional upgrades after purchase will include new windows and exterior/upper suite modernization. 10 minutes to U.O.A., 5 Mins to Whyte Ave, Bonnie Doon and Downtown. Fast access to the Yellowhead and Whitemud via Wayne Gretzky Drive, on bus routes. These pictures are pre-renovation.

Comes complete with great tenants making this a totally turn-key property for you. Convenient South central area with easy access to transit and downtown. Avonmore is an established and desirable neighbourhood featuring highly rentable area; solid value and stable rents. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this home in relation to Edmonton's trendy South side.

Produces $397.22 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

Purchase price: $575K Total Investment: $132,120K. Your Estimated 5 Year Profit $72,069.88K. Your pre-tax Total ROI is 55% or 11% per year + $397.22 Cash Flow

These 4 suites rent for top dollar and have everything arranged, including financing structure and incredible tenants. Your investment includes: impeccable tenant selection, financial analysis, professional inspection, insurance, financing set-up, legal fees, basic accounting, reserve fund, CMA, bi-annual statements, strategic market planning to ensure successful entry and exit, plus much more!

=========================
Alberta's Oil Riches Driving Canada's Economy: BMO

By Lauren Krugel, Canada Press, October 9th 2012

CALGARY — Canada’s economic growth is being driven by resource-rich Western provinces, according to a Bank of Montreal report released Tuesday.

Alberta leads the pack, with the bank predicting 3.5% real GDP growth this year, falling back a bit to 2.9% in 2013.

“The energy sector remains the key driver of economic activity in the province, with crude bitumen production up 16% year-over-year through the first half of the year, and the Energy Resources Conservation Board expecting oil sands output to more than double by 2021,” said economist Robert Kavcic.

The energy sector’s strength has attracted workers from elsewhere in Canada to Alberta, which has the country’s lowest unemployment rate at 4.4%. GRAB THIS STORY

===============

U.S. Market For Oil Strong and Enduring: U.S. Consul General

By Sheila Pratt, Edmonton Journal, October 10th 2012
EDMONTON - Despite a drop in demand for oil in the United States, Alberta producers will always have a strong market south of the border, says Peter Kujawinski, the new U.S. Consul General in his first visit to Edmonton.

Though he’s been in Alberta less than a month, Kujawinski has already visited the oilsands and his Calgary office is welcoming the first American tradesman to Fort McMurray under the new labour mobility agreement — all which signal of the importance of the oilsands in the Canada — U.S. energy relationship, he told the Journal in an interview.

While U.S. demand for oil has “flatlined’ in recent years, that should not affect Alberta’s export prospects, said Kujawinski, adding that the economic downturn of 2008 was one reason behind the flat demand. FOLLOW THIS ARTICLE

===============
Lamphier: Ontario Wants Bigger Slice of Oilsands Pie
Alberta Steel Manufacturers Also Fighting for Their Share

By Gary Lamphier, Edmonton Journal, October 11th 2012

EDMONTON - Despite the tepid global economy, oilsands activity continues to ramp up, generating jobs and wealth across Alberta and beyond.
The importance of the oilsands as a key driver of national economic growth seems to be lost on B.C. Premier Christy Clark, who has attacked Enbridge’s Northern Gateway project to score political points at home, in a bid to win re-election.

But the government of Ontario Premier Dalton McGuinty — a once-vocal oilsands critic who is facing huge political pressures of his own — is singing a far less parochial, more magnanimous tune these days.

Just a few months ago, McGuinty (along with federal NDP leader Thomas Mulcair) griped publicly about the negative impact Canada’s high-flying “petro-dollar” was having on Ontario’s export-driven, manufacturing-based economy. READ MORE HERE

===============

I appreciate all your calls and emails. I'm looking forward to helping you with your next step towards building real wealth.
Your success continues EVERYDAY, let me help you build for tomorrow.

"Man cannot discover new oceans unless he has the courage to lose sight of the shore." -Andre Gide

Warm Regards,

Todd and Danielle Millar

===SPECIAL NOTICE: NO CASH, BUT GOOD CREDIT? CALL US TODAY TO LEARN HOW YOU CAN OWN INVESTMENT PROPERTY===

P.S. Stay ahead by checking out Danielle's daily blog at Edmonton Real Estate Investor for all your cutting edge market news and information.

P.P.S. Don’t forget to visit our website and take advantage of the Resource Tools and product section including REIN's #1 real estate books and Quick Start homestudy sets at a discount. Get your copy of the Canadian Success Stories book and the 2010-2014 Top Ten Investment Towns of Alberta and Ontario.

House building booms again - “There is a feeling in Canada that the economy is performing well. Interest rates have kept people in the market,” “As long as people feel they have a job. the future looks okay, they have money and interest rates are where they are, people will continue to look to get into the market.” says Don Lawby, chief executive of Century 21 Canada Click Here

There is hope after the floods - The City of Edmonton is offering those affected by the floods this July some monetary relief. For the next three days you can go to City Hall with proof that your insurance won't cover damages to your property. Click Here

I was on Whyte Ave and saw and saw some amazing photographs of Edmonton in the early and mid 1900's. The city was bustling in both photos and made make think of how Albertans are used to booms and of course busts. Check on the City of Edmonton Virtual Archive for glimpses into our city's history

Alberta Oil Sands Investment Real Estate News®
Glenn Simon Inc., Suite 1217, 5328 Calgary Trail NW, Edmonton, Alberta, Canada. Tel 1-888-780-5940 Fax 1-888-276-4517
www.glennsimoninc.com email: info@glennsimoninc.com

October 15th., 2012
Volume 13, Issue 4

Dear Friends and Partners,

Although we've seen house prices stay relatively strong this year in Edmonton, when the cold weather sets in prices tend to lag. It is a strange phenomenon of colder climes; would be home buyers don't like to traipse through snow to find homes (investors do though ;)

How well they perform or how poorly depends on the property type (condo, bungalow, bilevel, etc.), condition and location of property. For example we've seen suited homes in desirable South East neighbourhoods selling in under 4 weeks. But townhouses in similar areas taking 3 months or longer.

So the good news? It's a great time to buy the right (townhouse) property in the right area for you.

The downside? If you are trying to sell your townhouse or a property that needs a little love, get renovations done in the kitchen and bathrooms, market heavily and stage it. You need to be head and shoulders above what the other sellers are doing in your market.

Alternatively, with the tighter rental market we're experiencing it may be an idea to rent over the winter, do renovations and list in a warmer month when sellers are more active.

Renovation Special - South Central Edmonton: 4-Suite Cashflow Property in Bonnie Doon

Here's a renovation special that offers value and will turbo charge your portfolio. We've added all costs to renovate and calculated post-reno projections - currently renovations have not been started. Soon to be: Upgraded 1971 built suited side by side bungalow with separate entrance to lower suites. Upstairs you'll find two upgraded 1100 sqft, 3 bedroom suites per side with some upgraded windows, appliances and new laminate. The lower units each have a 2 bedroom 850 sqft suite. Features down include new carpet, windows, and shared laundry area. The yard is a divided, shared, fenced area, and there is a double detached garage with automatic door and opener, bringing additional revenue. Some upgrades include new windows and paint. 10 minutes to U.O.A., 5 Mins to Whyte Ave. and Downtown. Fast access to the Yellowhead and Whitemud via Wayne Gretzky Drive, on bus routes. These pictures are pre-renovation.

Comes complete with great tenants making this a totally turn-key property for you. Convenient North central area with easy access to transit and downtown. Kensington is an established neighborhood featuring strong rental base; solid value and stable rents. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this home in relation to Edmonton's improving downtown area.

Produces $485.57 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

Purchase price: $600K Total Investment: $139,479 K. Your Estimated 5 Year Profit $83,680. Your pre-tax Total ROI is 60% or 10% per year + $485.57 Cash Flow

These 4 suites rent for top dollar and have everything arranged, including financing structure and incredible tenants. Your investment includes: impeccable tenant selection, financial analysis, professional inspection, insurance, financing set-up, legal fees, basic accounting, reserve fund, CMA, bi-annual statements, strategic market planning to ensure successful entry and exit, plus much more!

=========================

Edmonton Gains 6000 Jobs As Unemployment Rate Holds Steady - Statistics Canada

By Edmonton Journal, October 5th 2012

EDMONTON - The Edmonton region continued to churn out jobs in September, according to Statistics Canada figures released Friday.

The Edmonton census metropolitan area gained 6,000 jobs in September from the previous month and saw its unemployment rate hold steady at 4.5 per cent, the agency said. Its labour force also grew by 6,000.

The same region also generated 23,800 jobs in the 12 months since September 2011, or a 3.5-per-cent year-over-year increase.

Edmonton had the second-lowest jobless rate among major cities, behind only Regina at four per per cent. Calgary’s 4.7 per cent was third lowest. The Calgary CMA saw employment drop by 1,700 or 0.2 per cent from the previous month but it was up 15,400 jobs or 2.1 per cent year-over-year. Alberta had the country’s lowest unemployment rate at 4.4 per cent, a rate unchanged from August. GRAB THIS STORY

===============

University of Alberta Beats Edmonton Oilers 135-1: Report
Economic impact of institution on provincial economy pegged at $12.3B

By Dan Barnes and Dave Cooper, Edmonton Journal, October 12th 2012

EDMONTON - A report by two professors from the Alberta School of Business claims the University of Alberta has an annual economic impact of about $12.3 billion on the provincial economy, an amount they say is 135 times higher than that of the Edmonton Oilers.
“We essentially took the economic impact of the university divided by the revenue of the Oilers in 2009. And so it’s basically that,” said Dr. Anthony Briggs, who co-authored the report with Dr. Jennifer Jennings. “The Oilers’ number is more the fuzzy one because the region doesn’t necessarily see all that revenue, so it’s sort of an ambitious number for the Oilers.”

The study replicates the methods of other Canadian regional impact studies, beginning with the University of British Columbia economic impact study in 2009 and later adopted by Simon Fraser University in 2011 and the University of Ottawa in 2012. READ MORE HERE

===============

Albertans In Upbeat Mood About Economy
Business Owners and Consumers Have Positive Outlook

By Mario Toneguzzi, Calgary Herald, October 3rd 2012
CALGARY — From business owners to consumers, there is a spring in most people’s steps these days, an upbeat mood about the Alberta economy despite some turbulent economic waters elsewhere in the world.

On Tuesday, a report by BMO Economics said Alberta’s economy continues to outperform amid rising oil production and accelerating inward migration. The report said the province will sit atop the Canadian leaderboard this year, with growth hitting 3.5 per cent before falling back slightly to 2.9 per cent in 2013. In Canada, GDP growth is expected to hit 2.2 per cent this year and 2.0 per cent next year.

“The energy sector remains the key driver of economic activity in the province, with crude bitumen production up 16 per cent year-over-year through the first half of the year, and the Energy Resources Conservation Board expecting oilsands output to more than double by 2021,” said Robert Kavcic, economist with BMO Capital Markets.

Recent surveys by PwC and the Canadian Federation of Independent Business have painted a rosy mood for Albertans.

There’s no surprise there when you take a look at the latest economic indicators. FOLLOW THIS ARTICLE

===============

I appreciate all your calls and emails. I'm looking forward to helping you with your next step towards building real wealth.
Your success continues EVERYDAY, let me help you build for tomorrow.

"Patience, persistance and perspiration make an unbeatable combination for success." -Napoleon Hill

Warm Regards,

Todd and Danielle Millar

===SPECIAL NOTICE: NO CASH, BUT GOOD CREDIT? CALL US TODAY TO LEARN HOW YOU CAN OWN INVESTMENT PROPERTY===

P.S. Stay ahead by checking out Danielle's daily blog at Edmonton Real Estate Investor for all your cutting edge market news and information.

P.P.S. Don’t forget to visit our website and take advantage of the Resource Tools and product section including REIN's #1 real estate books and Quick Start homestudy sets at a discount. Get your copy of the Canadian Success Stories book and the 2010-2014 Top Ten Investment Towns of Alberta and Ontario.

Today I was looking for Alberta news and all the reports are amazing. For example we'll lead the country in economic growth through 2013 and our unemployment will be among Canada's lowest. It all sounds amazing. I'm thinking of the bumper sticker that says "Please God Give Us Another Boom and I Won't Waste It This Time" It would seem that your pleas were answered.

However, on my slow, slow drive down Calgary Trail today. (A sign of our booming city is how rush hour slowly becomes an hour early on each side) I heard on CBC that the IMF predicts another recession for the global economy.

“As we forewarned, the global economic slowdown is deepening and Canada's overheated housing market looks to be self-correcting,” “We expect these external and domestic forces to dampen Canada's economic growth this year and next.” David Madani, economist with Capital Economics

The housing market they are speaking of is only really in two places Vancouver and Toronto. It's not really a Canada wide thing.

I know Alberta is the best place to be for the next ride. I'm wondering how bumpy it will be but thanking my lucky stars that I'm in the best place to weather it. Low unemployment, high salaries, low taxes. Really, you couldn't position yourself any better.

I used to make the old "Deadmonton" joke for years because I actually lived near here in the 80s and remember driving through town and literally seeing tumbleweeds blow down the streets. It left an impression of desolation on my teenage mind.

I'm going to take that back that that is one of the two biggest myths about Edmonton, AB.

1. Edmonton has nothing going on - Edmonton is such a vibrant city. Every week there is some event or festival that is often free or has reasonably priced entry. In fact Edmonton is called the Festival City. With our young family we are always able to find something really interesting and fun to do pretty much every weekend. Look at what's happening in Edmonton now Click

2. Edmonton is hard on the eyes - It's actually a beautifully evolving city. Where before there were gravel parking lots we are seeing really nice buildings pop up. The river valley is amazing and my place, near the ravine, is such a beautiful area. It's really a disservice to not give Edmonton the credit its due.

Here is a great look at locking into the 10 year rate. Especially as it's predicted that rates will rise again around 2016.

Peter Kinch's take is that you need to really think about the lending environment we'll be in when you renew now for a 5 year term. In 2017, after the hike, who knows what kind of rates will be offered?

I'm offended now by a 5.49% but I once had 7.15%. Second mortgages are often double these figures.

My bank manager likes to tell me about her 18% mortgage rate so we really really can't complain.

Watch the mortgage minute

I always do an inner wince when I hear a new university student say they are taking English or History. I wonder what do you do with that now? Personally if I were to re-train I would go straight to a trade. I even think about doing it now for fun.

One women I met got her truckers license just in case her husband ever left her. She did long haul trucking for 5 years too. How cool I thought and liberating.

So what are the best fields to go into?

Check here

Alberta Oil Sands Investment Real Estate News®
Glenn Simon Inc., Suite 1217, 5328 Calgary Trail NW, Edmonton, Alberta, Canada. Tel 1-888-780-5940 Fax 1-888-276-4517
www.glennsimoninc.com email: info@glennsimoninc.com

October 1st., 2012
Volume 13, Issue 3

Dear Friends and Partners,

My last newsletter was about sharpening the saw. I hope that you took some time away to do just that, as I did. One thing I learned is that it is tough to sharpen anything but your nerves while driving an Edinburgh roundabout with crying kids in the car. But, maybe on some level I was at least resting another part of my brain by being fully engaged in the moment.

Danielle and I met many interesting people on our trip to Scotland and France. We were asked a lot of questions about emigrating to Canada, the price of a home and what salaries range from. It seems that the majority of folks living in major cities such as London, Paris and Edinburgh (not surprisingly) found it toughest to get ahead.

The price of owning a home is exorbitant in comparison to the median salary; akin to buying a home in downtown Vancouver. Folks that own their own home, enjoy the lifestyle they have, or live in a rural setting where expenses can be more affordable, didn't necessarily want to move. However, there was an undeniable current of interest in moving to Canada. Several people we met knew not only of the Rockies in Alberta, but of the oil sands. Their opinion was one of opportunity, not the common environmentally-negative one that we hear about in the media.

Shortly before we left we tenanted a property with a fellow from Aberdeen, Scotland. He was hired in the U.K. to work in the oil and gas field for an open contract. He immediately sees the benefit and opportunity of living in Edmonton from his salary, quality of housing, accessibility, friendliness of people and the chance to get ahead. We have something special in our city, making it important to grow and diversify for generations to come.

Renovation Special

Bonnie Doon, Edmonton: 4-Suite Cashflow Property

Here's a renovation special that offers value and will turbo charge your portfolio. We've added all costs to renovate and calculated post-reno projections - currently renovations have not been started. Soon to be: Upgraded 1971 built suited side by side bungalow with separate entrance to lower suites. Upstairs you'll find two upgraded 1100 sqft, 3 bedroom suites per side with some upgraded windows, appliances and new laminate. The lower units each have a 2 bedroom 850 sqft suite. Features down include new carpet, windows, and shared laundry area. The yard is a divided, shared, fenced area, and there is a double detached garage with automatic door and opener, bringing additional revenue. Some upgrades include new windows and paint. 10 minutes to U.O.A., 5 Mins to Whyte Ave. and Downtown. Fast access to the Yellowhead and Whitemud via Wayne Gretzky Drive, on bus routes. These pictures are pre-renovation.

Comes complete with great tenants making this a totally turn-key property for you. Convenient North central area with easy access to transit and downtown. Kensington is an established neighborhood featuring strong rental base; solid value and stable rents. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this home in relation to Edmonton's improving downtown area.

Produces $485.57 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

Purchase price: $600K Total Investment: $139,479 K. Your Estimated 5 Year Profit $83,680. Your pre-tax Total ROI is 60% or 10% per year + $485.57 Cash Flow

These 4 suites rent for top dollar and have everything arranged, including financing structure and incredible tenants. Your investment includes: impeccable tenant selection, financial analysis, professional inspection, insurance, financing set-up, legal fees, basic accounting, reserve fund, CMA, bi-annual statements, strategic market planning to ensure successful entry and exit, plus much more!

=========================

Calgary, Edmonton To Lead Economic Growth As Energy Investment Remains Strong

By Mario Toneguzzi, Postmedia News, September 18th 2012

"Without a doubt, I expect that Alberta is going to be the envy of the country moving forward into closing out 2012 and into 2013"

CALGARY — Calgary and Edmonton are forecast to be the fastest growing economies in Canada over the next four years, according to the Conference Board of Canada’s Metropolitan Outlook-Autumn 2012 released Tuesday.
“Energy-related investment in Alberta is expected to stay vibrant throughout the next four years. For instance, about $29-billion worth of energy-related projects are now underway in the province, and nearly $86-billion worth of projects are proposed for the future,” said Mario Lefebvre, Director, Centre for Municipal Studies, for the board. GRAB THIS STORY

===============
Lamphier: Professors From Top Business Schools Flock To University Of Alberta

By Gary Lamphier, Edmonton Journal, September 21 2012

EDMONTON - They come from some of the leading business schools on the planet — institutions that command the same level of respect as corporate heavyweights like Apple, IBM and Google.

Indeed, three of them — Columbia, Oxford’s Said Business School and Pennsylvania’s Wharton School — rank in the top 10 and six are listed in the top 50. And now, thanks to an intensive recruiting drive over the past year, a whole crop of new additions from these big-name institutions are faculty members at the University of Alberta’s School of Business.
We’re talking about A-list B-schools here, such as Columbia, Wharton, Penn State, Vanderbilt, Oxford, Rochester, Indiana and Illinois. Every one of these schools holds down a spot in the Financial Times’ 2012 rankings of the top 100 MBA programs in the world. READ MORE HERE

===============
Army Of Innovators Lines Energy's Road to Success
By James Berkow, Financial Post, September 11th 2012

The challenges facing Canada’s energy industry — to turn one of the most energy-and emissions-intensive resource extraction processes in the world into something more environmentally sustainable — dwarf the innovation hurdles facing other industries. To overcome them, an interconnected army of innovators is key.
“People always ask me why this is so hard,” said Robert Donahue, a consulting research engineer at the Syncrude Ltd. research-and-development (R&D) centre focusing on the restoration of depleted mine sites to their natural state, and a former University of Alberta geotechnical engineering professor. “I tell them I’m trying to reconstruct the earth and I’m trying to do it without geological time on my side. I need to do it in human time.” FOLLOW THIS ARTICLE

===============

I appreciate all your calls and emails. I'm looking forward to helping you with your next step towards building real wealth.
Your success continues EVERYDAY, let me help you build for tomorrow.

"A wise man should have money in his head, but not in his heart." -Jonathan Swift

Warm Regards,

Todd and Danielle Millar

===SPECIAL NOTICE: NO CASH, BUT GOOD CREDIT? CALL US TODAY TO LEARN HOW YOU CAN OWN INVESTMENT PROPERTY===

P.S. Stay ahead by checking out Danielle's daily blog at Edmonton Real Estate Investor for all your cutting edge market news and information.

P.P.S. Don’t forget to visit our website and take advantage of the Resource Tools and product section including REIN's #1 real estate books and Quick Start homestudy sets at a discount. Get your copy of the Canadian Success Stories book and the 2010-2014 Top Ten Investment Towns of Alberta and Ontario.