This Globe and Mail video looks and the income and demographics of Canada's 1%.
I knew they would be in management and health related industries but I was happy to learn they are also likely to be self-employed and/or earn their income from investments.
They also pay 42% of the taxes in Canada. A further by province breakdown relating to taxes can be found here.
There used to be and All Canadian wealth test but it is down. If you'd like to know where you rate try CNN's wealth test.
Saturday, February 15, 2014
Teamwork
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
February 15th., 2014
Volume 16, Issue 2
Dear Friends and Partners,
Denny Morrison almost never falls. He could never remember falling in a race, and maybe only three times in more than a decade of training. But in late December, on his final lap of the 1,000-metre race at the Canadian Olympic trials, with the Olympics perhaps 50 metres away, the veteran speed skater clipped his right heel, and he fell.
He slid across the line late and failed to qualify. Morrison had hit low points before — he broke his leg while skiing in 2012 — but this time, he needed someone to pick him up.
If you’re not familiar with this story read it here.
Rarely do we see genuine teamwork in action unless we are personally involved with the team, the business or the group. I found Gilmore Junio’s decision to put his team and his teammate in front of his own personal goals so powerful and exciting; even ‘fresh’.
It's ironic to say that putting a team mate ahead of one’s self is a ‘fresh’ or new idea because it is in fact one of the oldest and most ingrained in true character. Maybe it is simply ‘refreshing’ to see it in action when the stakes are so high.
Let’s all take a page from Junio and a page from Morrison on what actions to model, victories to strive for. Well done!
North West Edmonton: Cash-flow: Suited Bungalow Reno Property in Glengarry
Turbo
charge your portfolio. This semi-suited bungalow is located in the
mature area of Glengarry. It is rough, ugly and bought for good value.
This 1962 built property has a front entrance for the upper unit and a rear entry for the lower suite. Our renovation team will fix this from top to bottom.
Renos to include all flooring, kitchens, bathrooms, fixtures, paint and much more. We use our special PPI strategy to wrap the repairs into the mortgage.
The suite is to be completed up to city code. 3 BD upper, 1 BD lower, en suite laundry and detached garage. Great access to 137 AV and 82nd st right to the Yellowhead and downtown.
Purchase price is $265K + $50K renovation package for a total of $315K - CF all day long and equity of approximately $20K.
Comes complete with great tenants making this a totally turn-key property for you. Convenient north west area with easy access to transit and downtown. Glengarry is a mature area with plenty of schools, park and amenities. 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: $315K
Total Investment: $75,341K.
Your Estimated 5 Year Profit $42,432.65K.
Your pre-tax Total ROI is 56% or 11% per year
These 2 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 workers most confident in economy
Also most confident in Canada in finding new jobs
By Mario Toneguzzi, Calgary Herald, January 23rd, 2014
CALGARY - Alberta workers are the most confident in the country when it comes to the strength of the Canadian economy.
A new study, conducted by Ipsos-Reid on behalf of Randstad Canada and released Thursday, said 35 per cent of workers in Alberta were more positive this year than last year about the overall economy followed by 32 per cent in British Columbia.
The Randstad Canada Labour Trends Study 2014 found that 30 per cent of Canadians feel more confident about the economy heading into 2014 than last year.
Overall, 25 per cent of Canadians felt more confident in the job market this year than last year with 31.3 per cent of Albertans feeling that way.
“While 2013 may not stand out in anyone’s mind as a banner year for the Canadian job market or the economy overall, it is encouraging to see even cautious optimism from both employees and employers about this year’s prospects on both fronts,” said Tom Turpin, president of Randstad Canada, in a news release.
FOLLOW THIS ARTICLE
===============
Alberta’s Oilsands touted as giants of Canada’s economy
Calgary Chamber of Commerce not surprised by IHS report
By CBC News, February 13th, 2014
Alberta's oilsands contributed more to Canada's economy than the entire province of Saskatchewan, suggests a new study released Wednesday. According to Oilsands Economic Benefits: Today and in the Future, the oilsands contributed $91 billion of Canada's gross domestic product (GDP) and is the giant of Canada's economy.
"[Oilsands] production already represents a significant economic contribution to the Canadian economy, with annual expenditures already greater than the gross domestic product of half of the Canadian provinces," said Jackie Forrest, IHS's senior director in charge of the Oil Sands Dialogue project.
"Those contributions, in terms of jobs, economic growth and government revenues will continue to grow along with [oilsands] development."
The report suggests the oilsands will support more than 753,000 jobs by 2025.
That number is nearly double the current number of jobs supported by the fields, which hovers around 478,000, and would be equivalent to five per cent of Canada's total employment in 2012. READ MORE HERE
===============
Alberta Welfare Rate dips to lowest level since 1970s
By Jason Van Rassel, Calgary Herald, February 13th, 2014
The current welfare rate in Alberta is half that of Ontario’s and the lowest it has been since the 1970s, according to data compiled by University of Calgary researchers.
A study released Thursday documents overall welfare rate declines across the country — what it doesn’t do, however, is explain the trend.
“Is it a positive sign suggesting that the country has made significant strides in keeping people from needing to receive social assistance or is it a sign that public policies have simply made it too difficult for those deserving of support to receive it?,” wrote the authors, U of C School of Public Policy professors Ron Kneebone and Katherine White.
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.
“An ounce of performance is worth a pound of promises." - Mae West
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.
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
February 15th., 2014
Volume 16, Issue 2
Dear Friends and Partners,
Denny Morrison almost never falls. He could never remember falling in a race, and maybe only three times in more than a decade of training. But in late December, on his final lap of the 1,000-metre race at the Canadian Olympic trials, with the Olympics perhaps 50 metres away, the veteran speed skater clipped his right heel, and he fell.
He slid across the line late and failed to qualify. Morrison had hit low points before — he broke his leg while skiing in 2012 — but this time, he needed someone to pick him up.
If you’re not familiar with this story read it here.
Rarely do we see genuine teamwork in action unless we are personally involved with the team, the business or the group. I found Gilmore Junio’s decision to put his team and his teammate in front of his own personal goals so powerful and exciting; even ‘fresh’.
It's ironic to say that putting a team mate ahead of one’s self is a ‘fresh’ or new idea because it is in fact one of the oldest and most ingrained in true character. Maybe it is simply ‘refreshing’ to see it in action when the stakes are so high.
Let’s all take a page from Junio and a page from Morrison on what actions to model, victories to strive for. Well done!
North West Edmonton: Cash-flow: Suited Bungalow Reno Property in Glengarry
Turbo
charge your portfolio. This semi-suited bungalow is located in the
mature area of Glengarry. It is rough, ugly and bought for good value.This 1962 built property has a front entrance for the upper unit and a rear entry for the lower suite. Our renovation team will fix this from top to bottom.
Renos to include all flooring, kitchens, bathrooms, fixtures, paint and much more. We use our special PPI strategy to wrap the repairs into the mortgage.
The suite is to be completed up to city code. 3 BD upper, 1 BD lower, en suite laundry and detached garage. Great access to 137 AV and 82nd st right to the Yellowhead and downtown.
Purchase price is $265K + $50K renovation package for a total of $315K - CF all day long and equity of approximately $20K.
Comes complete with great tenants making this a totally turn-key property for you. Convenient north west area with easy access to transit and downtown. Glengarry is a mature area with plenty of schools, park and amenities. 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: $315K
Total Investment: $75,341K.
Your Estimated 5 Year Profit $42,432.65K.
Your pre-tax Total ROI is 56% or 11% per year
These 2 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 workers most confident in economy
Also most confident in Canada in finding new jobs
By Mario Toneguzzi, Calgary Herald, January 23rd, 2014
CALGARY - Alberta workers are the most confident in the country when it comes to the strength of the Canadian economy.
A new study, conducted by Ipsos-Reid on behalf of Randstad Canada and released Thursday, said 35 per cent of workers in Alberta were more positive this year than last year about the overall economy followed by 32 per cent in British Columbia.
The Randstad Canada Labour Trends Study 2014 found that 30 per cent of Canadians feel more confident about the economy heading into 2014 than last year.
Overall, 25 per cent of Canadians felt more confident in the job market this year than last year with 31.3 per cent of Albertans feeling that way.
“While 2013 may not stand out in anyone’s mind as a banner year for the Canadian job market or the economy overall, it is encouraging to see even cautious optimism from both employees and employers about this year’s prospects on both fronts,” said Tom Turpin, president of Randstad Canada, in a news release.
FOLLOW THIS ARTICLE
===============
Alberta’s Oilsands touted as giants of Canada’s economy
Calgary Chamber of Commerce not surprised by IHS report
By CBC News, February 13th, 2014
Alberta's oilsands contributed more to Canada's economy than the entire province of Saskatchewan, suggests a new study released Wednesday. According to Oilsands Economic Benefits: Today and in the Future, the oilsands contributed $91 billion of Canada's gross domestic product (GDP) and is the giant of Canada's economy.
"[Oilsands] production already represents a significant economic contribution to the Canadian economy, with annual expenditures already greater than the gross domestic product of half of the Canadian provinces," said Jackie Forrest, IHS's senior director in charge of the Oil Sands Dialogue project.
"Those contributions, in terms of jobs, economic growth and government revenues will continue to grow along with [oilsands] development."
The report suggests the oilsands will support more than 753,000 jobs by 2025.
That number is nearly double the current number of jobs supported by the fields, which hovers around 478,000, and would be equivalent to five per cent of Canada's total employment in 2012. READ MORE HERE
===============
Alberta Welfare Rate dips to lowest level since 1970s
By Jason Van Rassel, Calgary Herald, February 13th, 2014
The current welfare rate in Alberta is half that of Ontario’s and the lowest it has been since the 1970s, according to data compiled by University of Calgary researchers.
A study released Thursday documents overall welfare rate declines across the country — what it doesn’t do, however, is explain the trend.
“Is it a positive sign suggesting that the country has made significant strides in keeping people from needing to receive social assistance or is it a sign that public policies have simply made it too difficult for those deserving of support to receive it?,” wrote the authors, U of C School of Public Policy professors Ron Kneebone and Katherine White.
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.
“An ounce of performance is worth a pound of promises." - Mae West
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.
Thursday, February 06, 2014
Wednesday, February 05, 2014
My CDs
I've rediscovered all my old CDs. They aren't music albums but 1000's of hours of business leaders, self help, motivational speakers and business gurus.
Right now I'm listening to Robert Kiyosaki. He talks about the velocity of investing how some people go slow and steady while others constantly propel their money to greater rewards.
It made me think of one of the first houses Todd and I bought in Edmonton. It's a suited bungalow in an EXCELLENT area:
Main - 3 bedroom 1 bath
Basement 2 bedroom 1 bath
Beautiful (only an investor or mechanic thinks like this) Double Detached Garage
We bought it in 2005 for $225,000 with $25,000 down payment. We haven't accerated our mortgage and we haven't always gotten the best rates. It's just been slow and steady with this property.
Current specs
Total income $2315/month
Total expenses $1942/month
NET CASH FLOW $373 per month
It's not grand cash flow but that's pretty good. We use a rule of a minimum of $150 a door to be a good rental property.
The best part is the equity and the appreciation over the last 9 years. That house with the suite would sell for $350,000 (modest estimate) in this market. My mortgage balance is $145,000.
We have over $205,000k equity in that house. Of course some say the value could drop, the rents could decrease the sky could fall. They did in 2007 but I still have that house.
I have many outs (ways to leave an investment) with this property.
1. I could sell it
2. I could pay it down and live off income
3. I could give it to my children - an incredible gift
4. I could refinance it and buy a new investment = two streams of income.
5. I could do nothing
We've done nothing special, just paid the mortgage and plodded on with this property. Yet the velocity and growth of that initial $25k is phenomenal.
Do you see the value in real estate? Now imagine if you buy 3 or 5?
Right now I'm listening to Robert Kiyosaki. He talks about the velocity of investing how some people go slow and steady while others constantly propel their money to greater rewards.
It made me think of one of the first houses Todd and I bought in Edmonton. It's a suited bungalow in an EXCELLENT area:
Main - 3 bedroom 1 bath
Basement 2 bedroom 1 bath
Beautiful (only an investor or mechanic thinks like this) Double Detached Garage
We bought it in 2005 for $225,000 with $25,000 down payment. We haven't accerated our mortgage and we haven't always gotten the best rates. It's just been slow and steady with this property.
Current specs
Total income $2315/month
Total expenses $1942/month
NET CASH FLOW $373 per month
It's not grand cash flow but that's pretty good. We use a rule of a minimum of $150 a door to be a good rental property.
The best part is the equity and the appreciation over the last 9 years. That house with the suite would sell for $350,000 (modest estimate) in this market. My mortgage balance is $145,000.
We have over $205,000k equity in that house. Of course some say the value could drop, the rents could decrease the sky could fall. They did in 2007 but I still have that house.
I have many outs (ways to leave an investment) with this property.
1. I could sell it
2. I could pay it down and live off income
3. I could give it to my children - an incredible gift
4. I could refinance it and buy a new investment = two streams of income.
5. I could do nothing
We've done nothing special, just paid the mortgage and plodded on with this property. Yet the velocity and growth of that initial $25k is phenomenal.
Do you see the value in real estate? Now imagine if you buy 3 or 5?
Saturday, February 01, 2014
Freezer Burn
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
February 1st., 2014
Volume 16, Issue 1
Dear Friends and Partners,
The last two weeks have found Edmonton smack in the middle of a very warm freeze-thaw cycle. The correlation to the current RE market couldn't be more similar. The multi-family market is frozen-tight with nary a new listing and it's a challenge to 'thaw' local property owners too sell as well. Where we are beginning to see some warmer activity is with residential and suited houses. In the past 10 days there have been 4 properties that I have viewed for suited house potential, two turned out to be complete write offs due to serious structural/mechanical deficiencies. The other two properties turned out to have decent enough potential, albeit rather highly priced. So what happened? ALL of the 4 properties have sold (2 unconditional) or are pending-sale subject to conditions; two $10K+ over list price. Insights to take away from this are that when you have a specific target property and neighbourhood - act fast!
Sure there's a glut of stale properties festering on the MLS that have 90 days on market; many of which are overpriced and/or under-renovated. Add hungry buyers looking for reasonably priced homes, means new listings sell fast and for good dollar. The current demand for property will shift and soften as more homes hit the market this spring and balance things out. Multifamily remains tight and sellers know it. I've seen many properties the last few months and far and few between that warrant writing on. Pick quality over quantity, work your off list (non-MLS) sellers and comb your area. There are deals to be had, it just takes a little longer to strike the right balance of quality and price.
North West Edmonton: Cash-flow: Suited Bungalow Reno Property in Glengarry
Turbo charge your portfolio. This semi-suited bungalow is located in the mature area of Glengarry. It is rough, ugly and bought for good value.
This 1962 built property has a front entrance for the upper unit and a rear entry for the lower suite. Our renovation team will fix this from top to bottom.
Renos to include all flooring, kitchens, bathrooms, fixtures, paint and much more. We use our special PPI strategy to wrap the repairs into the mortgage.
The suite is to be completed up to city code. 3 BD upper, 1 BD lower, en suite laundry and detached garage. Great access to 137 AV and 82nd st right to the Yellowhead and downtown.
Purchase price is $265K + $50K renovation package for a total of $315K - CF all day long and equity of approximately $20K.
Comes complete with great tenants making this a totally turn-key property for you. Convenient north west area with easy access to transit and downtown. Glengarry is a mature area with plenty of schools, park and amenities. 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: $315K
Total Investment: $75,341K.
Your Estimated 5 Year Profit $42,432.65K.
Your pre-tax Total ROI is 56% or 11% per year
These 2 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!
=========================
The split personality of Alberta's job juggernaut
By Todd Hirsch, Special to The Globe and Mail, January 17th, 2014
It’s a well-known truism about economic indicators that one month does not a trend make. That’s encouraging news for Canada’s job market. If the loss of 46,000 jobs in December were to mark a trend, the country would be in serious trouble.
Alberta – the economic powerhouse of the country – also shed nearly 12,000 jobs last month. But trends are built over several months, and December’s loss comes on the heels of five consecutive months of gains in Alberta. FOLLOW THIS ARTICLE
===============
Canada's Alberta May Be The Strongest Economy in the World
By Jeb Handwerger, Wall Street Sector Selector, January 16th, 2014
Currently, there is an explosion of economic growth in Western Canada, most notably Alberta.
While the media dazzles you with the money being made in high flying overvalued social media stocks, behind the scenes China is buying up North American energy (NYSEARCA:XLE) resources and one of the beneficiaries has been Western Canada.
Currently, there is an explosion of economic growth in Western Canada most notably Alberta. Due to the increased demand for energy coming from Asia, Western Canada may be one of the best economies in the world right now. Unemployed Americans and Europeans with technical skills are already finding high paying jobs. GRAB THIS STORY
===============
Oil industry rebuts 'trash talking' celebrity critics
By Shawn McCarthy and Richard Blackwell, Globe and Mail, January 16th, 2014
Two of Calgary’s most prominent oil executives delivered a scathing rebuttal to celebrity critics such as rock star Neil Young, as the industry attempts to win support for pipeline projects that are essential to its ambitious growth plans for the oil sands.
Cenovus Energy Inc. chief executive Brian Ferguson and TransCanada Corp. chair Russ Girling brought an aggressive message to a joint presentation at Toronto’s Canadian Club, in which they defended the country’s current approach to environmental protection and resource 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.
"Winning takes talent, to repeat takes character." - John Wooden
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.
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
February 1st., 2014
Volume 16, Issue 1
Dear Friends and Partners,
The last two weeks have found Edmonton smack in the middle of a very warm freeze-thaw cycle. The correlation to the current RE market couldn't be more similar. The multi-family market is frozen-tight with nary a new listing and it's a challenge to 'thaw' local property owners too sell as well. Where we are beginning to see some warmer activity is with residential and suited houses. In the past 10 days there have been 4 properties that I have viewed for suited house potential, two turned out to be complete write offs due to serious structural/mechanical deficiencies. The other two properties turned out to have decent enough potential, albeit rather highly priced. So what happened? ALL of the 4 properties have sold (2 unconditional) or are pending-sale subject to conditions; two $10K+ over list price. Insights to take away from this are that when you have a specific target property and neighbourhood - act fast!
Sure there's a glut of stale properties festering on the MLS that have 90 days on market; many of which are overpriced and/or under-renovated. Add hungry buyers looking for reasonably priced homes, means new listings sell fast and for good dollar. The current demand for property will shift and soften as more homes hit the market this spring and balance things out. Multifamily remains tight and sellers know it. I've seen many properties the last few months and far and few between that warrant writing on. Pick quality over quantity, work your off list (non-MLS) sellers and comb your area. There are deals to be had, it just takes a little longer to strike the right balance of quality and price.
North West Edmonton: Cash-flow: Suited Bungalow Reno Property in Glengarry
Turbo charge your portfolio. This semi-suited bungalow is located in the mature area of Glengarry. It is rough, ugly and bought for good value.This 1962 built property has a front entrance for the upper unit and a rear entry for the lower suite. Our renovation team will fix this from top to bottom.
Renos to include all flooring, kitchens, bathrooms, fixtures, paint and much more. We use our special PPI strategy to wrap the repairs into the mortgage.
The suite is to be completed up to city code. 3 BD upper, 1 BD lower, en suite laundry and detached garage. Great access to 137 AV and 82nd st right to the Yellowhead and downtown.
Purchase price is $265K + $50K renovation package for a total of $315K - CF all day long and equity of approximately $20K.
Comes complete with great tenants making this a totally turn-key property for you. Convenient north west area with easy access to transit and downtown. Glengarry is a mature area with plenty of schools, park and amenities. 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: $315K
Total Investment: $75,341K.
Your Estimated 5 Year Profit $42,432.65K.
Your pre-tax Total ROI is 56% or 11% per year
These 2 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!
=========================
The split personality of Alberta's job juggernaut
By Todd Hirsch, Special to The Globe and Mail, January 17th, 2014
It’s a well-known truism about economic indicators that one month does not a trend make. That’s encouraging news for Canada’s job market. If the loss of 46,000 jobs in December were to mark a trend, the country would be in serious trouble.
Alberta – the economic powerhouse of the country – also shed nearly 12,000 jobs last month. But trends are built over several months, and December’s loss comes on the heels of five consecutive months of gains in Alberta. FOLLOW THIS ARTICLE
===============
Canada's Alberta May Be The Strongest Economy in the World
By Jeb Handwerger, Wall Street Sector Selector, January 16th, 2014
Currently, there is an explosion of economic growth in Western Canada, most notably Alberta.
While the media dazzles you with the money being made in high flying overvalued social media stocks, behind the scenes China is buying up North American energy (NYSEARCA:XLE) resources and one of the beneficiaries has been Western Canada.
Currently, there is an explosion of economic growth in Western Canada most notably Alberta. Due to the increased demand for energy coming from Asia, Western Canada may be one of the best economies in the world right now. Unemployed Americans and Europeans with technical skills are already finding high paying jobs. GRAB THIS STORY
===============
Oil industry rebuts 'trash talking' celebrity critics
By Shawn McCarthy and Richard Blackwell, Globe and Mail, January 16th, 2014
Two of Calgary’s most prominent oil executives delivered a scathing rebuttal to celebrity critics such as rock star Neil Young, as the industry attempts to win support for pipeline projects that are essential to its ambitious growth plans for the oil sands.
Cenovus Energy Inc. chief executive Brian Ferguson and TransCanada Corp. chair Russ Girling brought an aggressive message to a joint presentation at Toronto’s Canadian Club, in which they defended the country’s current approach to environmental protection and resource 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.
"Winning takes talent, to repeat takes character." - John Wooden
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.
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