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!
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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
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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.
"Patience is bitter, but its fruit is sweet." –Jean Jacques Rousseau
Warm Regards,
Todd and Danielle Millar
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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.
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