Regardless of what is happening in the short term Alberta, specifically Edmonton and Calgary are the best places to keep your money for long-term returns.
"Cowtown is Wowtown but Edmonton isn't far behind, says a report released yesterday that gave Calgary a top-of-the-class grade on a global scorecard for overall economic prosperity.
Calgary was the lone metropolis in a survey of international commerce heavyweights to earn an A grade in the Calgary Economic Development-commissioned Conference Board of Canada report.
Edmonton was third. Dallas was sandwiched at second between Alberta's two major centres in the 23-city ranking.
Such results aren't surprising for Calgary, which accounts for 5% of national gross domestic product, despite a local economy cooled by the recession, said Cowtown Mayor Dave Bronconnier."
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