Keeping Perspective - 01/31/08 09:32 PM

Mark Milke wrote this excellent article for the Edmonton Sun. If you are unhappy with the economic boom in Alberta now, then perhaps 1988's statistics will help you see the light -  9.7% unemployment and 18% interest rates. Seems unbelievable doesn't it?
"So let's keep present problems in perspective, even with the environmental or social problems -- which I don't downplay -- that accompany the energy industry's success.
Whether you're an Albertan who works in the resource industry, a doctor whose salary is paid partly by the existence of energy royalties, a trades guy or gal who doesn't have to beg for … (3 comments)

This And That - 01/31/08 08:04 PM
 
Edmonton, Alberta: How Do You Heat Your Igloo? (Todd Millar) I replied in a lighthearted way that spending my money on sunsets and sandy beaches is what I do when I'm on holiday, not when I plan and weigh out an investment option. Sunsets sizzle, and when we imagine the lifestyle associated with them, emotion takes hold and reason leaves the room. Quality-job creation: Another area where Canada outshines USThe bad news is that, like the United States, Canada's economy is shedding manufacturing jobs. The good news is that, unlike the U.S., Canada is replacing them with high-quality work in the … (0 comments)

Canada - Financially Fit - 01/31/08 07:32 PM

Canada is getting a lot of first prizes among the G8 countries.  We rank first in quality of life, have the lowest cost of living, and the lowest unemployment rate. 
Canada has diverse resource driven economy that, less than a decade ago saw significant proportions of all exports heading for our neighbours to the south. Due to Canadian government's tireless support of businesses diversifying their exporting focus and incredible foresight, now, nearly a quarter of all exports are destined for non U.S locations which has helped us to avoid the economic slump now prevalent in the U.S. Canada’s economy has … (0 comments)

Will It Come Down To Food Or Fuel? - 01/25/08 04:12 AM
 A Japanese friend I spoke to the other day was disgruntled because the price of soy sauce is increasing. It's all because we are trying to reduce consumption of fossil fuels .
  
Interest in using food crops (ethanol is derived from sugar beets, wheat, corn or sugarcane) to produce alternative fuel sources for cars is causing many nations to fear subsequent increases in food prices.For example soy bean oil is heavily relied on to make biofuel - the renewable diesel fuel additive. Cooking oils and many other products prices are increasing because the price of soy beans, corn and cereals are … (5 comments)

Great Tool For Landlords - 01/25/08 02:46 AM

A rental property has to have a lot of things going for it to ensure it puts money in your pocket. Nice location, above average amenities, sturdy construction, neutral yet stylish design and the list goes on. However, none of this will mean much if your property is overpriced. 
The "put the For Rent sign out" and they will come mentality doesn't work in every market. If the market is tight and your vacancy rate is low you can rent for a little more but if the vacancy rate is increasing then your rent not only has to be in line … (6 comments)

QuickStart Live - Top 10 Canadian Towns To Invest In - 01/19/08 03:08 AM
 
“It’s Time To Cut Through The Hype and Opinions That Surround The Canadian Real Estate Market and Get To The Truth” Don R. Campbell, Author of Real Estate Investing in Canada.   Rookie & Veteran Investors Have Purchased over $2,292,700,000 (Billion) of Canadian Positive Cash Flow Real Estate Using The Strategies They Discovered From Don R. Campbell. Now It’s Your Opportunity to Get The Truth and Learn the 2008 Top 10 Canadian Towns to Invest In And the 9 Questions You MUST Ask Before You Buy Your Next Piece of Property. Is It Time For The Market To Crash or … (0 comments)

Alberta's Economy - The Envy Of Canada - 01/19/08 02:57 AM
RBC's latest provincial forecasts: "Alberta leads all provinces with above-average economic growth, followed by Saskatchewan and Nova Scotia. On the opposite end of the scale, and showing a complete turnabout with its mega-projects now in maturation, Newfoundland and Labrador is posting the slowest economic growth rate of 0.5 per cent, and on its heels is P.E.I., as well as Quebec and Ontario with its manufacturing woes. However, a more bullish outlook is in store by the end of this decade for Newfoundland and Labrador, New Brunswick, Nova Scotia and, in particular, Saskatchewan, where there is a possibility for a triple play … (7 comments)

This Winter Is Heating Up! - 01/19/08 02:06 AM
 
Ask any Realtor and they'll tell you that winter is a time to prepare for the next year. Plant the seeds on the sales they plan to make in the spring because real estate comes to a near grinding halt over the winter months. But not this year.
Royal Lepage Real Estate Services reports that the last quarter of 2007 saw the Canadian market slowing down only a little rather than the full on braking that has come to be expected in last quarter.
Edmonton can expect a moderation and balancing of prices and that is ok by me because I'm … (2 comments)

My Contribution To Real Estate Investing... - 01/12/08 05:20 AM
I am a contributing writer for Nu Wire investor.  I have a new article out on The Fundamentals of Real Estate investing.
This site has such good information for a variety of interests (I am not just saying that because i write for them) take a look at Nu Wire Investor
or to directly view my article click  Real Estate Investing: Focus on the Fundamentals
    Have A Great Weekend!
(4 comments)

What My Vacation Taught Me.... - 01/12/08 05:08 AM

We just got back from 19 days in  Vietnam with a quick excursion into Cambodia. It was a great trip with lots of surprises and delights, beautiful sunsets spent on white sand beaches and excellent food. Anyone planning to go should visit Ha Long Bay for the incredible caves and kayaking also don't miss Ho Chi Minh it's one of the most interesting culinary cities I have been to - try the street vendors if you are up for it.
 
After the hectic and successful year we had in 2007 it was nice to be able to take a trip like that. … (2 comments)

 
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Todd & Danielle Millar

Edmonton, AB

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Glenn Simon Inc.

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