Monday, May 11, 2009

Edmonton Mayor Mandel Sees Sunny Side

Edmonton Mayor Stephen Mandel sees the sunny side of the "bust". He's not being a Pollyanna rather a realist who realizes the area as the economic powerhouse that it is.

Below are Mayor Mandel's quotes from an exclusive interview with Metro

“(Edmonton was) so overpriced that it was ridiculous,”

“What we need to do now is to retrench and plan for what we are going to do in the future.”

“(We) need to put in place a kind of infrastructure planning so we don’t face the huge growth, the huge pressure on our economic growth that has happened here over the last three or four years,” said Mandel.

“We rivaled the growth in China within the last few years an we will continue to do that when things settle down a bit (with the markets).

“Our economy in Edmonton will way surpass any other place in the country.”

And that, folks, is why I invest in Edmonton!

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