Hi Everyone,
I will soon be moving to Calgary. Is there any suggestions that you can give me which I should keep in mind when I am looking for a palce.
I would like to make a lot of friends in Calgary, if anyone is from Calgary please let me know..
Gabru
Alberta rush: You ain't seen nothing yet
A major new study that shows Alberta is set to reap a $1.4-trillion bonanza from its oil sands by 2020 could spark a bigger rush to emigrate to that province. Alberta sits on the world's second largest crude oil deposit after Saudi Arabia.
Ontario and British Columbia currently attract the majority of newcomers to Canada, but that could change in the near future with the red-hot economy set to get even hotter in Alberta.
Calgary-based Canadian Energy Research Institute forecast Alberta oil sands will generate about 3pc of the country's gross domestic product by 2020, according to the study. The sector now represents 1.5pc Canadian GDP.
Canada has some 179 billion barrels of reserves in Alberta's oil sands, but because of the high extraction costs, the deposits were long neglected, except by local companies.
Since 2000, skyrocketing crude oil prices and improved extraction methods have made it more economical to exploit the sands and lured international oil companies such as Total, Shell and ConocoPhilips.
Some of the benefits will be spread outside of Alberta, especially in the areas of government revenue and employment. the study says. But based solely on gross domestic product generated by oil sands activity and expansion, Canada's richest province is the jurisdiction that will grab most of the riches springing from the gooey black mud surrounding Fort McMurray, it says.
Alberta's winters are harsh - even by Canadian standards - which is why it is not the first choice of many immigrants, most of whom come from warmer climes. The prospect of good job prospects and high income could well make many change their minds.
Hi! Gabru,
Amitchau just gave some excellent piece of info. It is remakable.
Gabru, if you can PM me with your info, email and the date of arrival, I can send you the contact details of my colleague in Calgary.
She will be able to give you her best advise and tips about Calgary and the surrounding area.
Good luck,
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RE/MAX Real Estate Centre., Brokerage
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