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What do you think? Another glowing forecast for our fine province and City (ies).. good to hear reputable reports on growth, employment, and stability forecasts. Could all translate into steady Real Estate growth as well.

 

CALGARY — Fuelled by rising oil production, Alberta will lead Canada in economic growth this year and employment in Calgary and Edmonton is expected to strengthen through 2016 with the addition of 120,000 new jobs, according to a special report released Friday by BMO Capital Markets Economics.

 

The BMO report – Calgary and Edmonton: Partners in Economic Growth – said the spillover effect of rising oil production extends across various sectors in both Calgary and Edmonton, including manufacturing of products for oil exploration and extraction, transportation, warehousing and retail trade. Read more here...

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