Edmonton Real Estate Investor: 2013

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 14th., 2013
Volume 15, Issue 9

Dear Friends and Partners,

It's been an eventful few weeks. We've watched the world pay tribute to Nelson Mandela passing, have taken part in some amazing charity drives, heard about energy expansions, new projects going up and of course have shoveled, shoveled and shoveled the snow... In less than an hour I will wade out to look at an unlisted 4-Plex and write an offer on another one in the Westside of Edmonton.

Once again, Edmonton and the province of Alberta seem to be revving the engines for a hot new year. If you follow the real estate cycles, you'll see that 2015 should lead into a time of increasing values provided the economy holds steady. With rates very low and an influx of workers, the stars are once again lining up for property investors...

Do what I do at year end: make a killer plan of what you're going to achieve. Write out your financial, health, travel, family and business goals plus a quarterly plan of how you're going to implement them. Review your biggest hits, and your stumbles of this past year and make changes where needed.

And, most importantly, before you do all that, take the time to thank those in your life that you are grateful for. Take a break over the holidays and CONNECT with someone you care about.

I'd like to thank you for reading, supporting and taking the time to work and play with us this year. Wishing you a wonderful holiday season and a tremendous 2014.
Todd and Danielle -

= Happy Holidays! We will be closed between December 20th and January 6th. Your newsletter will resume from January 15th 2014. Have a blessed season and gracious New Year. =

North East Edmonton: 4-Unit Cashflow Property in Baldwin

Turbo charge your portfolio. This legal-4plex is located in the mature and transitional area of Baldwin. Upgraded in 2000 this 1973built property has a common front entrances for all suites as well as common back entrance to suites and coin-laundry.

There are 3 X 3 BD and 1 X 2BD. Newer boiler. Suites are in good condition, but will require modernizing by our reno team. This property has been rented to long-term, senior citizen tenants.

You'll find a double detached garage, adding extra income. Spacious upper units have original hardwood, some upgraded fixtures and paint. Good access to Belvedere LRT, Fort Road and downtown. Fast access to bus routes and Saskatchewan Drive.

Comes complete with great tenants making this a totally turn-key property for you. Convenient north east area with easy access to transit and downtown. Baldwin is a mature/transitional area. Highly rent-able; solid value and increasing rents. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this property in relation to Edmonton's desirable growing core.

Purchase price: $640K
Total Investment: $148,418K
Your Estimated 5 Year Profit: $82,026.58K
Your pre-tax Total ROI: 55% or 11% per year

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!

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

Lamphier: Edmonton is job central in Canada

By Gary Lamphier, The Edmonton Journal, December 6th, 2013
EDMONTON - Just how hot is the Edmonton region’s jobs juggernaut?

Well, consider this: “Over the past year, fully one of every 10 new jobs created in Canada has been created in the metro Edmonton region,” says John Rose, the City’s chief economist. “That’s truly remarkable.”

With a population of 1.2 million people, this region accounts for just 3.4 per cent of Canada’s 35 million residents. Yet it generated new jobs at a pace on par with a region of 3.5 million people, roughly the size of greater Montreal. FOLLOW THIS ARTICLE

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Alberta Economy Fastest Growing in Canada

Forecast 3.4% Annual Growth in 2014

By Mario Toneguzzi, The Calgary Herald, December 9th, 2013

CALGARY - Alberta has been the largest contributor to economic growth in the country for three consecutive years, outpacing the much larger economies of Central Canada, says a new report released Monday by the Conference Board of Canada.
And the board’s Provincial Outlook: Autumn 2013 report said Alberta will have the fastest growing provincial economy in 2014 with 3.4 per cent year-over-year growth.

Alberta will have the fastest growing provincial economy in 2014.

“Alberta’s outlook is so exceedingly bright right now in the context of all the risks that we’re seeing going on in the world. We’re seeing Alberta coming off two years of exceedingly strong growth,” said Todd Crawford, senior economist with the board. “And 2013, 2014, we’re going to see GDP growth of 3.2 per cent, 3.4 per cent over the next two years. GRAB THIS STORY

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http://www.bbc.co.uk/news/business-25054229

Booming Canada Recruits British and Irish Workers

By Ayesha Bhatty Clough, BBC News, December 4th, 2013

Visit any construction site in Calgary and you're likely to find some British and Irish workers, says Adrian Bourne, the boss of a company that supplies electricians in the Canadian city.
Out of the 200 people that Mr Bourne has on his books, 70 are from the UK and Republic of Ireland.

Mr Bourne, who is originally from Manchester, England, says he could do with dozens more from across the Atlantic.

"If we put an ad in a [local Canadian] paper, we may get one response," says the president of Unitech Electrical Contracting.

"[As a result], instead of bidding on three projects, we bid on one," says Mr Bourne, whose men are all busy working on the Calgary airport expansion, new office towers, schools, hospitals and retirement homes. "The number one question we get when closing a tender is, 'Have you got enough labour?'" he adds. READ MORE HERE

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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.

"The best of all gifts around any Christmas tree: the presence of a happy family all wrapped up in each other." - Burton Hillis

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 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.

How do you know your rents are in line? Padmapper will help you.

There is a magic number you need to get to make your property cash flow. With Padmapper you can see what the competition is in your rental area. Links to the original ad comparative stats and pics it's super useful for tenants and landlords.

Played around with it today and found my rents are just right!

It feels like old times with Alberta leading Canada economically. We are all very excited to see what 2014 will bring.

"Canada's oil-rich Alberta has come out of the global recession virtually unscathed, and the winning streak isn't over. Fuelled by the oil sands industry, Alberta will again be Canada's fastest growing economy in 2014.

Over the past few years, Canada has seen a two-tiered economy in which resource-rich provinces consistently outperformed the rest of the country. For three consecutive years, Alberta has been the largest contributor to economic expansion in Canada, with the energy sector fuelling virtually all the growth. In 2013 Alberta's GDP is projected to rise by 3.2% and slightly more over the following year.

According to the latest Provincial Outlook report from the Conference Board of Canada, Alberta's economy has "remained resilient" despite $1.7 billion in damages from flooding this past summer. The Board cautions that pipeline constraints remain a risk, as more bitumen will need to make its way to markets. Over the near term, however, existing capacity should do."

Read full article here

This article and map are excellent. Look up your area and see if home values have recovered after the 2007 boom.

Most areas have steadily increased since the significant price drop we saw post boom and may even pass those prices

"A home in Edmonton costs roughly 3.7 times the median income of a working-age family. In Vancouver, by contrast, that ratio’s closer to nine. That makes the city the most affordable major market in Canada – and what optimists hope other cities look like soon.
The city’s boom was timed with the heady rush of investment into Alberta’s oil patch in the middle of the last decade."

Read full article and watch the excellent videos HERE

Todd and I did a tour of Robben Island where Nelson Mandela was imprisoned.

It was one of the most heart-wrenching places and tours I have ever had. At that time the staff working there had been imprisoned there. Our female tour guide was imprisoned for 10+ years. There wasn't a dry eye in the place after that tour...

This is my favorite Mandela quote

“I have walked that long road to freedom. I have tried not to falter; I have made missteps along the way. But I have discovered the secret that after climbing a great hill, one only finds that there are many more hills to climb. I have taken a moment here to rest, to steal a view of the glorious vista that surrounds me, to look back on the distance I have come. But I can only rest for a moment, for with freedom come responsibilities, and I dare not linger, for my long walk is not ended.”
― Nelson Mandela

Dr. DeMartini's wonderful Tribute to Nelson Mandela

I love this article.
It's all the things we know we should be doing and can do without going outside ourselves.

My favorite most relevant is :

4. Waste Energy on Things They Can’t Control. Mentally strong people don’t complain (much) about bad traffic, lost luggage, or especially about other people, as they recognize that all of these factors are generally beyond their control. In a bad situation, they recognize that the one thing they can always control is their own response and attitude, and they use these attributes well.

For me this manifests in the weather! Since our move to Alberta conversations using complaints about the weather as an "ice-breaker" have increased ten fold. I comment but never complain. There is absolutely nothing I can do about but gear up!

I can certainly level up across all points. Great goal for now and the New Year....

Read full article 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

November 30, 2013
Volume 15, Issue 8

Dear Friends and Partners,

Earlier this week, I watched and played parts of Fort McMoney, an interactive documentary-game about the town of Fort McMurray. The quality of the game is top notch and it uses real people as its characters. What is unique about the game is that it allows you to interact with the people of Fort Mac within the game and with users, live-online, to debate and decide "the future of Fort Mac".

On first blush it looks to be leaning on the 'Oilsands are BAD' environmental side of things (dark images, sombre music and a bleak feeling dominate) but there is some key oil proponents featured inside the game. This program has a kind of ‘choose your own ending’ feel to it as well. Check it out if you are interested in the northern oil economy.

I'm really impressed with using this type of media as a device to engage and influence people. Really, think about it; if I want to speak to a younger audience I can create an interactive game, an older audience may feel more comfortable engaging with a video/documentary, and finally the 'choose your own ending' gives you that nostalgic feeling of control that you find in those old flip books where you decide the outcome.

In the best light, Fort McMoney hopes to engage people in a conversation about a recently charged topic (oil extraction). At worst, it is a savvy piece of media manipulation that plants its subtle 'opinion' by letting you feel that you've actually chosen that same outcome. The premise of the game is that you 'decide the fate' of Fort McMurray - the town that is already living, growing and yes, deciding its own path. But, hey, I get it. It's an important topic and its brilliantly presented. Play it yourself and tell me what you think about it.

North East Edmonton: 4-Unit Cashflow Property in Baldwin

Turbo charge your portfolio. This legal-4plex is located in the mature and transitional area of Baldwin. Upgraded in 2000 this 1973built property has a common front entrances for all suites as well as common back entrance to suites and coin-laundry.

There are 3 X 3 BD and 1 X 2BD. Newer boiler. Suites are in good condition, but will require modernizing by our reno team. This property has been rented to long-term, senior citizen tenants.

You'll find a double detached garage, adding extra income. Spacious upper units have original hardwood, some upgraded fixtures and paint. Good access to Belvedere LRT, Fort Road and downtown. Fast access to bus routes and Saskatchewan Drive.

Comes complete with great tenants making this a totally turn-key property for you. Convenient north east area with easy access to transit and downtown. Baldwin is a mature/transitional area. Highly rent-able; solid value and increasing rents. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this property in relation to Edmonton's desirable growing core.

Purchase price: $640K
Total Investment: $148,418K
Your Estimated 5 Year Profit: $82,026.58K
Your pre-tax Total ROI: 55% or 11% per year

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!

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

Strong belief in oil industry's economic clout drives pipeline approval: poll

By Bruce Cheadle, The Canadian Press, November 22nd, 2013

OTTAWA - A new poll suggests a broad cross-section of Canadians see the oil and gas sector as vitally important to the national economy, an attitude that in turn appears to be driving up support for pipeline construction.
Almost nine out of 10 respondents to the Harris-Decima poll, 87 per cent, said they believe oil and gas development is economically important, while a clear majority — 53 per cent — ranked the sector as the most important in Canada.

The telephone poll of just over 1,000 respondents also found a majority of respondents in favour of the proposed west-to-east pipeline from Alberta to Atlantic Canada, as well as the Northern Gateway pipeline to the B.C. coast.

A slim plurality of respondents, meanwhile, said they oppose the Keystone XL pipeline to the southern United States. FOLLOW THIS ARTICLE

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Poloz rejects OECD report urging rate hikes for Canada

By Barrie McKenna, The Globe and Mail, November 20th, 2013

Bank of Canada Governor Stephen Poloz took exception to an Organization for Economic Co-operation and Development report urging the Bank of Canada to start raising interest rates by the end of next year.
Mr. Poloz said Wednesday that he is comfortable with the central bank’s decision last month to shift to a neutral stance on rate hikes, abandoning an 18-month pledge to eventually raise rates to more normal levels. He suggested that the Paris-based Organization for Economic Co-operation and Development likely applies different judgments and models than he does to project where the economy is headed. GRAB THIS STORY

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Alberta tops energy investment, but pipeline bottlenecks a threat: Fraser Institute

By Amanda Stephenson, The Calgary Herald, November 18th, 2013

CALGARY - A new Fraser Institute report suggests Alberta is the third most attractive jurisdiction in the world for oil and gas investment, but that could change if crucial pipeline proposals aren’t approved soon.

Of the 864 industry executives who responded to the think tank’s 2013 Global Petroleum Survey, 62 per cent said their assessment of Western Canada as an investment venue would deteriorate if pipeline bottlenecks continue to constrain movement of oil to Eastern Canada, export markets overseas, and U.S. refiners. One respondent described pipeline constraints as “the single biggest risk to the industry today in Western Canada.” 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.

"Patience is bitter, but its fruit is sweet." –Jean Jacques Rousseau

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 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.

or at least got really tired before I could finish. Even as a in-migrant to Edmonton I thought with all my driving around and Real Estate I would have the neighbourhoods down. Turns out with 377 of them I have only the smallest clue.

Click that 'hood gives you 20 random Edmonton neighbourhoods and you have to find them on the map. Did I mention it's timed? If you feel like you know the city you can skip the newbie version and go straight to the second level. It's harder than it seems.

Neighbourhoods only a few streets wide, nestled in between industrial areas and some with highly misleading names (unless you have an incredible grasp of history). Just part and parcel of growing Edmonton.

Don't even get me started about the new build areas.

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., 2013
Volume 15, Issue 7

Dear Friends and Partners,

This year we took our boys to the Remembrance Day laying of the wreath at the City Hall Cenotaph in Edmonton. Both of our fathers fought in World War II. It's a unique topic to explain to 5 and 2 year olds, respectively.

Later at the Prince of Wales Armouries, our sons were able to play interactive games based on the amazing amount of memorabilia on display. Very informative, eye opening and fun for all. We saw an amazing snuff box that looked like this.

While growing up I really didn't stop to reflect much about the war. I found this year was different; maybe because I have kids, maybe because of the world now. Nonetheless it was a great learning experience and a time to pay respect.

Not to be a total downer this newsletter, but with typhoon Haiyan that hit the Philippines, here is a great link to TRIPLE your giving power if you so choose too. UNICEF*

*For every dollar donated by individual Canadians to UNICEF Canada from November 9th to December 8th, 2013, the Government of Canada will contribute a dollar up to $100,000. UNICEF’s generous corporate supporters will be matching all donations for Typhoon Haiyan in the Philippines, excluding the Government of Canada donation match, up to $25,000.

North East Edmonton: 4-Unit Cashflow Property in Baldwin

Turbo charge your portfolio. This legal-4plex is located in the mature and transitional area of Baldwin. Upgraded in 2000 this 1964 built property has a common front entrances for all suites as well as common back entrance to suites and coin-laundry.

There are 3 X 2 BD and 1 X 1BD. Boiler was replaced 8 years ago. Suites are in good condition, but will require modernizing by our reno team. This property has been rented to longterm, senior citizen tenants.
You'll find a double detached garage, adding extra income. Spacious upper units have original hardwood, some upgraded fixtures and paint. Good access to Belvedere LRT, Fort Road and downtown. Fast access to bus routes and Saskatchewan Drive.

Comes complete with great tenants making this a totally turn-key property for you. Convenient north east area with easy access to transit and downtown. Baldwin is a mature/transitional area. Highly rent-able; solid value and increasing rents. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this property in relation to Edmonton's desirable growing core.

Purchase price: $640K
Total Investment: $148,418K
Your Estimated 5 Year Profit: $82,026.58K
Your pre-tax Total ROI: 55% or 11% per year

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!

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

Yedlin: Energy literacy gaps need remedial filling

By Deborah Yedlin, Calgary Herald, November 13th, 2013

In the absence of gatherings such as first ministers meetings, it's become apparent to both provincial and business leaders that if differences are to be solved and a spirit of co-operation achieved to the benefit of the country, it is up to them to make sure it happens.

We have been seeing signs of this in recent months: The strong support shown by New Brunswick premier David Alward for Premier Redford's Canadian Energy Strategy and Ontario's Premier Kathleen Wynne stating while in Calgary several weeks ago, that she recognized the importance of the industry to her province's economy and that it would be hypocritical for her not to support a Canadian energy strategy for that reason.

More recent signs include the framework agreement governing pipelines crossing from Alberta into British Columbia, in return for B.C. supporting the Canadian Energy Strategy initiative and, on Tuesday, a trade mission organized by the Board of Trade of Metropolitan Montreal arrived in Calgary to explore opportunities for collaboration - either in Alberta, in Quebec, or both. FOLLOW THIS ARTICLE

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Jim Flaherty projects $3.7B surplus for 2015-16

By Susan Mas, CBC News, November 12th, 2013

"We'd like to see the Keystone XL pipeline built, so would a majority of Americans. I hope that comes to pass because that would very much help us with commodities exports," Flaherty said. GRAB THIS STORY

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B.C.'s Montney natural gas basin estimated to be world class

By Gordon Hoekstra, The Vancouver Sun, November 6th, 2013

VANCOUVER — A joint federal-provincial government report released Wednesday estimates there are huge, greater-than-expected natural gas resources in the important Montney gas basin that straddles British Columbia and Alberta.
The B.C. government claims the Montney estimate more than doubles the amount of natural gas resources in British Columbia, which will help underpin the province’s effort to launch a new liquefied natural gas (LNG) export industry to Asia.

The Montney contains 449 trillion cubic feet of natural gas — inferred from geological data — that can be extracted economically, according to the study conducted with the co-operation of the National Energy Board, B.C. Oil and Gas Commission, the Alberta energy regulator and the newly created B.C. Ministry of Natural Gas Development. 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.

"Life isn't as serious as the mind makes it out to be." –Eckhart Tolle

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 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.

I like this video it is well done. I think it is a little dated as many real estate agents use the marketing tools mentioned in conjunction with a whole plethora of modern marketing techniques. You find agents on Twitter, Facebook, Linked In, Active Rain and I've seen QR codes on ads for properties.

The end of the year always bears reflection on what we've done in the last 11 - 12 months. The goal sheets I crafted at the end of 2012 are examined and my highlighter joyfully crosses off what I can mark as done. I would say that the crossing off of goals with a highlighter is one of my favorite things.

Once the highlighting frenzy is over I start thinking about the next year. Not only my goals but how our economy locally, provincially and nationally will fare.

Alberta's outlook for 2014 looks sunny with a chance of headwinds . REIN puts Edmonton back as the top town to invest in but Calgary looks good as well.

"(Don) Campbell said both cities are poised to be economic leaders in Canada in 2014 and 2015 and therefore the forecast for in-migration and housing demand remains very strong."

There is a lot of uncertainty in the US and Europe if things stay on track globally it will bode well for Canada. It's been a while since we've had B.C, Alberta and the potential of the east coast all gearing up at the same time.

At any rate we can all do our part for the economy by something as simple as having a cold beer.

Campbell said both cities are poised to be economic leaders in Canada in 2014 and 2015 and therefore the forecast for in-migration and housing demand remains very strong. - See more at: http://www.reincanada.com/RealEstateNewsView/tabid/72/articleType/ArticleView/articleId/350/Edmonton-housing-market-overtakes-Calgary-in-investment-ranking.aspx#sthash.E92SAIXf.dpuf

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., 2013
Volume 15, Issue 6

Dear Friends and Partners,

Fall winds of change are blowing good things our way. October proved to be a busy month with the Mayoral election, new city councillors and a green light for $13.5B Shell & Total Energy project in Fort Hills.

With the vacancy rate hovering around 1% and a surplus of approximately 12,000 jobs for hire, coupled with an unemployment rate of 4.5%, things are starting to ramp up in Edmonton area. Of course a strong headwind may blow us of course, but for now things are looking good.

North East Edmonton: 4-Unit Cashflow Property in Baldwin

Turbo charge your portfolio. This legal-4plex is located in the mature and transitional area of Baldwin. Upgraded in 2000 this 1964 built property has a common front entrances for all suites as well as common back entrance to suites and coin-laundry.

There are 3 X 2 BD and 1 X 1BD. Boiler was replaced 8 years ago. Suites are in good condition, but will require modernizing by our reno team. This property has been rented to longterm, senior citizen tenants.
You'll find a double detached garage, adding extra income. Spacious upper units have original hardwood, some upgraded fixtures and paint. Good access to Belvedere LRT, Fort Road and downtown. Fast access to bus routes and Saskatchewan Drive.

Comes complete with great tenants making this a totally turn-key property for you. Convenient north east area with easy access to transit and downtown. Baldwin is a mature/transitional area. Highly rent-able; solid value and increasing rents. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this property in relation to Edmonton's desirable growing core.

Purchase price: $640K
Total Investment: $148,418K
Your Estimated 5 Year Profit: $82,026.58K
Your pre-tax Total ROI: 55% or 11% per year

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 economy at the top of the pack: BMO Report

By Michael Franklin, CTV Calgary, October 30th, 2013

According to a report from BMO Economics, Alberta’s economy is still the best among all the other provinces in the country despite suffering a hit during June’s flooding.
Robert Kavcic, a senior economist with BMO Capital Markets, says that Alberta’s real GDP will expand by 2.5 percent this year and 3.3 percent in 2014.

Kavcic admits that the initial impact of the flood was clearly negative, the subsequent repair and rebuilding activity is expected to turn things around.

“The Province estimates that repair and rebuilding activity will add 0.2 percentage points to real GDP growth in 2013," said Kavcic.

Job growth is also remaining strong in Alberta, with projected growth of 3.6 percent year over year in August.

"Alberta again leads the country by a healthy margin in job growth; the private sector has more than offset a 1 per cent year-over-year drop in public-sector employment," said Mr. Kavcic. "The labour market remains relatively tight with the jobless rate holding below 5 per cent - the second lowest in Canada. Alberta continues to draw steady inward migration flows from other provinces." FOLLOW THIS ARTICLE

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Alberta and Saskatchewan Workers looking at Biggest Pay Raises in 2014: Report

By Bill Graveland, The Canadian Press, October 22nd, 2013

CALGARY – A report from the Conference Board of Canada suggests it’s better to be a rig pig on the Prairies than a health-care worker in Ontario from a labour perspective.

The board’s forecast released Tuesday says workers in Alberta and Saskatchewan will fare the best in wage increases next year largely due to a shortage of qualified employees in the energy sector.

“The divide between East and West persists. Frenzied resource development and near-bottom unemployment rates mean that Alberta and Saskatchewan are again expecting to offer the highest pay increases next year,” said Ian Cullwick, vice-president of leadership and human resources research.

The report projects average increases of 3.7 per cent in Alberta and Saskatchewan. The lowest average increases are expected in the Atlantic provinces at 2.5 per cent and Ontario at 2.6 per cent.

The Canadian average for non-unionized workers is anticipated at 2.9 per cent in 2014.

The information is based on the responses of 411 employers across the country to a survey conducted between June and August. GRAB THIS STORY

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Shell joins energy rush, green lights new Alberta oil sands project

By Jeffrey Jones, The Globe and Mail, October 31st, 2013

Royal Dutch Shell PLC has given the green light to a new steam-driven oil sands project, putting the Anglo-Dutch oil major among a handful of companies announcing big northern Alberta energy developments in the last day.
Shell said it is going ahead with the 80,000 barrel a day Carmon Creek project in the Peace River area of Alberta. It did not give a price tag for the project in a news release on Thursday, though a spokesman said it will be in the billions, rather than millions, of dollars. 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.

"Coming together is a beginning; keeping together is progress; working together is success." –Henry Ford

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 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's new mayor, Don Iveson, won Edmontonians of all generations over in our recent Mayoral elections.

"In an impressive showing right across the city, youthful mayor-elect Don Iveson won outright in all but six polling stations in the city election Monday, even overtaking rival Karen Leibovici in her own backyard of west Edmonton and crushing Kerry Diotte in the south" Read More

I'm not overly political but aside from attractive policy I just LIKED Don Iveson. He's very charismatic and seems to be a good leader for a youthful, growing and changing city.

Way to go Don! We're all very excited to see how your vision helps bring Edmonton to the place where it really should be...

not "Dedmonton" anymore.

Lots of scary houses for cheap! 31 bedrooms, 19 bathrooms and 25 fireplaces - $4.5 million but haunted by nuns. No thanks! Get terrified here

Image courtesy of www.scaryforkids.com

In our daily drives Todd and I count all the old houses being knocked down for the new mega houses constantly being built in our neighbourhood. Our south central location is close to a large greenspace, downtown and the airport. A perfect trifecta for Alberta's growing population.

My house is a 1950s 3 story A frame, one of the bigger original homes on the street. Otherwise, you see the bungalows that were easy to heat and build.

These bungalows are on the road to becoming scarce. More often than not when they sell they are torn down and not filled with a young family trying to save up for their dream home.

I personally love it. Of course I see the beauty in the old homes as I live in one myself, however, I can't help smile as I see the new home sales prices and do mental calculations as to how that new house will affect my home value.

Our neighbours perfected the balance of new and old by building up their bungalow. They kept the craftsmanship of the era but added the light (new windows), convenience and energy conservation of a modern home.

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., 2013
Volume 15, Issue 5

Dear Friends and Partners,

Giving thanks; what a pleasure it is to be able to give.

Now that bellies are full and chins-wagged over the Thanksgiving long weekend (here in Canada), take a moment to read over the news stories we've put together this month. It looks like we have much to be thankful for in Alberta; and truly, most of Canada.

Immigration is up, in-migration is up, unemployment is down and rates are low. Reap the up-cycle as you can.

And Thank YOU for taking the time to read our newsletter, I wish you a fruitful October.
South West Edmonton: 4-Unit Cashflow Property in Allendale

Turbo charge your portfolio. This side by side duplex with in-law suites is well located near UOA. Upgraded 2006 this property has front entrances for upper suites and back entrances to lower suites. Upper 2BD units have been upgraded as well as the two lower 2 BD suites with new laminate, kitchens and bathrooms. You'll find a double detached garage, adding extra income. Spacious upper units shine with original hardwood, new fixtures and paint. Excellent location near the UOA in the mature area of Allendale. A short walk to neighbourhood park, Whyte Ave, hospital and UOA. Fast access to bus routes and Whitemud Drive.

Comes complete with great tenants making this a totally turn-key property for you. Convenient south west west central area with easy access to transit and downtown. Inglewood is an established, sought after neighbourhood. Highly rentable; solid value and increasing rents. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this property in relation to Edmonton's desirable growing core.

Purchase price: $625K
Total Investment: $145,305K
Your Estimated 5 Year Profit: $81,994.20K
Your pre-tax Total ROI: 56% or 11% per year

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!
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Calgary and Edmonton will be Canada's economic leaders in near future
Average annual growth of 3.1 per cent forecast for 2014-2017

By Mario Toneguzzi, Calgary Herald, September 27th, 2013

CALGARY — Calgary and Edmonton will be the country’s economic leaders in the next few years, according to the Conference Board of Canada.
In releasing its metropolitan outlook on Friday, the board said both Alberta cities will average annual economic growth of 3.1 per cent during 2014-2017.

The provincial centres will regain top billing in the country after Saskatoon and Regina, who are forecast to lead the nation in economic growth this year of 5.2 per cent and 5.0 per cent, respectively. The board predicts Edmonton will be third in Canada in 2013 at 4.2 per cent followed by Calgary at 3.3 per cent. FOLLOW THIS ARTICLE

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Enbridge planning $1-Billion pipeline to boost oil sands growth

By Carrie Tate, Globe and Mail, October 1st 2013

Enbridge Inc. wants to build a $1-billion pipeline to the oil sands designed to carry diluent – a product needed to facilitate expansion efforts for energy projects in northern Alberta.
The pipeline company on Tuesday said it wants to build a line that would send 200,000 barrels of diluent per day between Edmonton and Fort McMurray.

Diluent is used to thin heavy crude and allow it to flow through pipelines. Without an ample supply of diluents, such as light oil, the energy industry’s plans to expand bitumen production in northern Alberta could be inhibited. GRAB THIS STORY

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Alberta Sees Huge Growth Spurt
International migration also gallops ahead

By James Wood, Calgary Herald, September 27th, 2013

Alberta’s population has roared past four million, with a strong economy attracting newcomers from across Canada and around the world.
Population estimates from Statistics Canada released Thursday put the number of Alberta residents at 4,025,074 as of July 1. That represents a 3.5 per cent year-over-year increase — and the highest rate of growth since the early 1980s.

For the 12 months ending in July, the province gained 52,677 residents from other provinces — nearly double the amount from the same period a year earlier — and 52,551 international immigrants. 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.

"Keep your eyes open to your mercies. The man who forgets to be thankful has fallen asleep in life." –Robert Louis Stevenson

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 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.

I read this article about the dozen families that have nowhere to live because of a rental scam.

I've had about half a dozen people call me saying our ads were posted on Craigslist or some other site for half the true rental price, payable to a landlord who clearly wasn't me.

Sadly, twice I've gotten teary angry calls saying they had rented my place and given someone the security deposit. It's a lot of money to lose and often saved up funds, hard to replace.

My tips to avoid rental scam:

Landlords:
Most effective is to put a 'For Rent' sign in the window with your phone number. Potential renters will drive by to check out the house and area. They will realize the discrepancy and hopefully call your number.

Tenants:
This is rough but a little common sense goes a long way. Is it plausible that a 4 bedroom house would be $1200? (whatever low price is being used to lure you in) In a 1% vacancy market you aren't going to be the one to get that crazy deal.

Always ask to see the inside of the house, don't send money without doing so. I know in this case the owner may have been involved - that makes it really difficult. If you are moving to a town have a proxy look.

Ninety nine percent of landlords charge one month's rent as the security deposit UNLESS it's a huge apartment complex ie Boardwalk or Midwest. Low security deposits are a huge red flag!

If a "landlord" says I'm leaving tomorrow and you just have to send the money now - RUN. Typically if they were leaving they'd have a property management company manage the rental. The odd owner may go away and rent out his house but I would use extreme caution.

Look at Living in Canada’s handy, updated website where you can review cities across Canada. You’ll find pros/cons, salaries and lifestyle information.

Check out Edmonton 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

September 16th., 2013
Volume 15, Issue 4

Dear Friends and Partners,

Sunday I woke up to the familiar sound of big, gusty, fall winds. It was refreshing. The funny thing was that the wind was warm, not cool like it usually is this season. Outside is warm and sunny, the temperature in the high 20's.

I look down the road and the grasses are all mown short and remain various shades of green; the vibrant dark green of a well fertilized early summer lawn to the lighter, softer colours of a suntanned late summer pitch. What I found interesting was that the leaves were changing beginning to crumple up and tumble down the street. Despite our summer weather, fall is almost here.

During this short season (here in Edmonton that is) we find it an excellent time to clean up and prep properties for the winter freeze and more importantly, the spring thaw. Cleaning gutters, adjusting downspouts, sealing and coating exterior/interior walls, repairing windows, roofs, chimneys and the like. You can find detailed lists of fall prep online.

Also with this time of year we contemplate the internal, mental prep needed to march into Q3. This is a great time to review your yearly goals, make sure you are on track to finish strong and adjust were needed.

= We’ll be closed between 9/16-10/8. Your newsletter will resume 10/15. Enjoy the autumn weather! =

South West Edmonton: 4-Unit Cashflow Property in Allendale

Turbo charge your portfolio. This side by side duplex with in-law suites is well located near UOA. Upgraded 2006 this property has front entrances for upper suites and back entrances to lower suites. Upper 2BD units have been upgraded as well as the two lower 2 BD suites with new laminate, kitchens and bathrooms. You'll find a double detached garage, adding extra income. Spacious upper units shine with original hardwood, new fixtures and paint. Excellent location near the UOA in the mature area of Allendale. A short walk to neighbourhood park, Whyte Ave, hospital and UOA. Fast access to bus routes and Whitemud Drive.

Comes complete with great tenants making this a totally turn-key property for you. Convenient south west west central area with easy access to transit and downtown. Inglewood is an established, sought after neighbourhood. Highly rentable; solid value and increasing rents. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this property in relation to Edmonton's desirable growing core.

Purchase price: $625K
Total Investment: $145,305K
Your Estimated 5 Year Profit: $81,994.20K
Your pre-tax Total ROI: 56% or 11% per year

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 paycheques third largest in Canada

By Andrea Sands, Edmonton Journal, September 12th, 2013

EDMONTON - New statistics on Canada’s income levels and housing show Edmonton’s economy is one of the most successful and dynamic in the country, says the city’s chief economist.

That doesn’t mean, however, that some people aren’t left behind, John Rose said. A small number of Edmontonians earning extraordinarily high incomes can skew income numbers upward, “so I’m a little nervous about income-distribution issues,” he said. FOLLOW THIS ARTICLE

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'Dutch disease' Build Healtheir Economy, Economist says

By Laura Payton, CBC News, September 5th 2013

The concept behind "Dutch disease" — the idea that a resource boom is bad for the manufacturing sector — is entirely wrong, economist Stephen Gordon argues in a new report.
Federal politicians have argued over Dutch disease as part of the debate surrounding Canada's oilsands and whether development should be slowed.

The argument says that a resource boom — like the one seen in the oilsands — drives up the value of the currency, making exports more expensive for customers outside of Canada and costing manufacturers some of their business. GRAB THIS STORY

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

Laphier: No need to listen to Neil Young's take on the Oilsands

By Gary Lamphier, Edmonton Journal, September 11th, 2013

EDMONTON - "As a serious-minded newspaper columnist, I woke up Wednesday with one pressing question on my mind: What does Neil Young think?
I was desperate to hear his views on just about anything - twerking, Miley Cyrus's new video, the situation in Syria, Stephen Harper's hair, Anthony Weiner's sexting habits, the Eskimos' struggling offensive line, you name it.
I need to know, because clearly, what the 67-year-old rocker and anti-oilsands activist thinks about the big issues of the day is of vital importance to the mainstream media.
Why, just yesterday the Toronto-born music icon and green crusader was prominently featured in most major newspapers (including this one) after comparing Fort McMurray toHiroshima, the Japanese city that was obliterated by a U.S. atomic bomb on Aug. 6, 1945.

At first I thought it was a ridiculous, wholly inappropriate analogy from a guy who knows little about the energy industry. Fort McMurray is like Hiroshima? Really? That seemed utterly absurd, not to mention an insult to the memories of the thousands who died that terrible day." READ MORE HERE

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

= We’ll be closed between 9/16-10/8. Your newsletter will resume 10/15. Enjoy the autumn weather =

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.

"In order to succeed your desire for success should be greater than your fear of failure." –Bill Cosby

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 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.

New mortality study highlights risks of increasing life expectancy

TORONTO, Aug. 6, 2013 /CNW/ - "It's official -- not only are Canadians getting older, we're also living longer. Last week, the Canadian Institute of Actuaries (CIA) released a draft set of updated mortality tables, used by actuaries to measure pension plan liabilities, or the amount of money needed to pay current and future pensioners. According to the study results, which are based on a review of recent pensioner mortality rates and future life expectancy improvements anticipated by the study's authors, the life expectancy of a 60 year old male today has increased by 2.9 years (from 24.4 to 27.3 years) compared to pension mortality tables currently in use. The life expectancy of a 60 year old female has increased by 2.7 years (from 26.7 years to 29.4 years)."

The good news: Canadians are living longer.
The bad news: they don't have enough money to do so.

Well that is unless they start saving more now, putting their cash into income generating investments and pair down their spending - all doable depending upon your age. When you look at the numbers it shows we need to SAVE MORE and SPEND LESS.

Harper Briefing Note Plays Down Low Interest Rate Dangers

OTTAWA - "The prime minister's advisers have dismissed a warning by a respected think tank that ultra-low interest rates need to start rising now to avoid damage to the Canadian economy.

In a paper for the C.D. Howe Institute, economist Paul Masson argued in May that the Bank of Canada should nudge rates higher to forestall real-estate bubbles, excessive household debt, pension-fund woes and other dangers.

But a May 31 briefing note requested by Stephen Harper's office on the controversial paper notes that Masson's arguments are "at odds" with the views of most economists.

I'm particularly interested in this article about low interest rates. Though I'm more concerned about people not paying down debt during times of low interest rates.

Prime Minister Harper may be able to lead the horse to water, but in these 'handholding' times when most folks struggle to be accountable for the pickle they got themselves into, you can't make that horse drink the water.

Scroll down to the slide show that shows debt by province and then by country - that's the real gem in this article.

And what everyone's talking about

Peter Sagan wins prologue of Tour of Alberta - EDMONTON -- Pre-race favourite Peter Sagan made a little bit of history Tuesday night when he became the first man to wear the yellow jersey in the inaugural stage of the Tour of Alberta cycling race.

The Cannondale team rider took a commanding 13-second lead over his nearest competitor in the opening 7.3-kilometre time trial. Victoria's Ryder Hesjedal sits in 10th, 30 seconds back of Sagan.

"I was trying to do well here," said Sagan, a 23-year-old Slovak rider. "It's the first stage and it's important. I felt very very good."

Flights to Iceland will start departing from Edmonton International Airport next March, city and airport officials announced on Tuesday.

Icelandair will operate the non-stop flights on Mondays, Wednesdays, Fridays and Saturdays.

Helgi Már Björnvinsson, senior vice-president of marketing and sales, says Icelandair believes that Edmonton is going to be a great market for flights in and out of Iceland.

“We believe that a lot of the people in this area are going to use our service to go to Europe," he said. "We fly to over 25 different destinations in Europe.” The airline also announced on Tuesday that is launching a new route between Reykjavik and Vancouver.

The six-hour, 20 minute flight will leave Edmonton at 6:30 p.m. and arrive in Iceland at 6:50 the next morning. People can also connect with flights to Europe from Reykjavik.

Return flights will leave Iceland at 4:45 p.m. and arrive in Edmonton at 5:30 p.m.

The Edmonton service launches on March 26, 2014.

Yeah Iceland Air!

This is fantastic; fly from Edmonton direct to Iceland and then onward to Europe. I love this for business travel and expansion. This link will open up a new, faster route for Albertans flying out for leisure travel as well as Europeans flying in for tourism, plus business. I'm certainly going to use it instead of the tedious layovers we suffer through now to get to Europe.

Read HERE, HERE, AND 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

September 1st., 2013
Volume 15, Issue 3

Dear Friends and Partners,

Kristine started to notice that something was different about Jacob at a very young age. "Even as a young baby, he certainly was preoccupied with things that other babies around him [weren't]. I'd just never seen other babies do those sorts of things. One thing was we had a duvet on our bed that was plaid and he would cry if we went away from the plaid. So I took to wearing plaid shirts," she told The Current host Anna Maria Tremonti. "So much in the way that mom's will bring pacifiers around for their babies, I always had to have a scrap of plaid or he would be in a complete meltdown."

I can’t properly due this story its justice, you’ll simply have to go and read it for yourself. It’s an amazing story about how a Mom of an autistic boy took her son out of the rigorous treatment she’d had him in and discovered his amazing genius through his applied focus – we’re talking ‘real’ genius here, not just a touchy-feely story. What if you harnessed your focus? What if you followed what you’re drawn to, fearlessly?

South West Edmonton: 4-Unit Cashflow Property in Allendale
Turbo charge your portfolio. This side by side duplex with in-law suites is well located near UOA. Upgraded 2006 this property has front entrances for upper suites and back entrances to lower suites. Upper 2BD units have been upgraded as well as the two lower 2 BD suites with new laminate, kitchens and bathrooms. You'll find a double detached garage, adding extra income. Spacious upper units shine with original hardwood, new fixtures and paint. Excellent location near the UOA in the mature area of Allendale. A short walk to neighbourhood park, Whyte Ave, hospital and UOA. Fast access to bus routes and Whitemud Drive.

Comes complete with great tenants making this a totally turn-key property for you. Convenient south west west central area with easy access to transit and downtown. Inglewood is an established, sought after neighbourhood. Highly rentable; solid value and increasing rents. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this property in relation to Edmonton's desirable growing core.

Purchase price: $625K
Total Investment: $145,305K
Your Estimated 5 Year Profit: $81,994.20K
Your pre-tax Total ROI: 56% or 11% per year

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!

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

Apache Sells Alberta Assets to Canadian Company for U.S. $214M

By Financial Post, August 15th, 2013

Apache Corp. said it is selling oil and gas assets in western Alberta to Ember Resources Inc., a private Canadian company, for US$214 million.
“Going forward, Apache is focused on growing our liquids production from a deep inventory of crude oil- and liquids-rich opportunities that generate attractive rates of return on our extensive remaining acreage in Canada’s Western Sedimentary Basin,” said Rodney J. Eichler, president and chief operating officer.

The company said it remains committed to Kitimat LNG project to monetize large unconventional resources in the Liard and Horn River basins in northern British Columbia, and also maintain its Duvernay assets. FOLLOW THIS ARTICLE

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Buffet Buys Into Canadian Tar Sands Oil Company

By Journal Star, August 15th 2013

Berkshire Hathaway Inc. reported a new half-billion-dollar stake in Suncor Energy Inc., which started the Canadian tar sands oil industry, after Chairman Warren Buffett and his deputies spent the most money on stocks in a quarter since 2011.
Buffett's firm owned 17.8 million Suncor shares June 30, a stake valued at more than $500 million in the Calgary-based producer of heavy oil from the Alberta tar sands, according to a federal filing. Suncor is Canada's largest oil and gas producer.

With the Suncor investment, Buffett further injected himself into the debate over tar sands oil and the Keystone XL pipeline, which, if approved, would carry the bitumen condemned by environmentalists. GRAB THIS STORY

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An out-of-this World Transportation Plan Lands in Edmonton

By Dan Barnes, Edmonton Journal, August 20th, 2013

EDMONTON - Meet George Jetson.
Actually, his name is Dan Corns. He lives in Edmonton, not Orbit City.

But the 34-year-old is the founder of a company that holds patents, and very high hopes indeed, for magnetic levitation technology that would propel real-world transportation into the animated realm of the cartoon character Jetson, his boy Elroy, daughter Judy and Jane, his wife, circa 2062.

Magnovate Technologies proposes to move people, freight and commodities, like oilsands bitumen, along an elevated track at speeds of up to 500 kilometres per hour in computer-controlled, driverless vehicles.

The trip from Calgary to Edmonton would take less than 45 minutes.

Making the leap of faith necessary to accept Corns’ vision will take some people much longer. 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.

"There are two types of Pain in this world: Pain that hurts you, and Pain that changes you!" - Unknown

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 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.