Tuesday, May 26, 2015

This and That May 2015

Meet Marg McCuaig-Boyd, Alberta's new energy minister - "Geography may have been the reason why McCuaig-Boyd was given the energy portfolio. It's no secret oil and gas is the predominant economic driver in the northern part of the province, followed by agriculture and forestry." Jump Here

Hopefully this turns out well and with  a new vision we can reduce the boom bust history of Alberta's oil and gas industry.

Study on foreign investors raises eyebrows -  "The study is providing the kind of closer look at international buyers that B.C.investors, in particular, continue to seek. Ostensibly, a similar study on the Vancouver and Toronto markets would help to end speculation about what if any real impact Chinese nationals are having on property prices in those cities."

Investors are always looking for safe places to park their funds. What might be a starter - middle class home for a U.K citizen is a nominal capital investment for overseas. Here

Inside dope on plans for Edmonton's first medical marijuana grow op - "Alberta Green Biotech was founded in 2013 by Noel Avila, a Filipino immigrant who is now a Canadian citizen. He and his brother, Leo, a software contractor, raised money from primarily Edmonton and Ottawa investors to pursue an application under Canada's Marijuana for Medical Purposes Regulations to become a licensed producer."

Medical marijuana is a new proposed to be billion dollar industry, if marijuana is ever legalized for personal use it will become a multi-billion dollar industry. Great way to get positioned as a approved retailer.  Jump here

Rental inventory tight as homebuyers wait - "With economic uncertainty weighing heavily on the thoughts of those in Alberta, rental inventories are under pressure as renters choose to stay put. Despite rising rents, many view buying in the current climate as a risk they’re not prepared to make." Here

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