Gold to hit $2,100 as commodities rebound: TD

November 15th, 2011 | by Savannah Fuhrman |

Empowering Investors Worldwide

Why Invest in Alberta, Canada?

Alberta has been repeatedly ranked as the number one economy in North America and the future looks bright as world energy demands in 2050 are forecast to be triple those of 2010. With the exception of Saudi Arabia, the largest oil reserves on the planet are located here. Alberta will play a key part in meeting world energy demands both now and in the future. Many nations including the United States, China and India have invested billions of dollars into the development of Canada’s oilsands. This will continue to be a long term trend which will witness over two trillion dollars of investment capital going to Alberta energy projects through 2035.

With a world class financial system which came through the global economic crisis of 2008 virtually unscathed, banking in Canada is widely considered extremely efficient and safe. If the economic corridor between the two largest cities were a separate country, it would have the second largest GDP per capita on earth. Alberta’s capital city of Edmonton is an economic powerhouse and the closest metropolis to the world famous oilsands. The Economist magazine declared the largest city of Calgary as the 5th best place to live in the world for both 2010 and 2011based on metrics that weigh stability, healthcare, culture, environment, education and a city’s infrastructure. Canada has a commodity based currency whose appeal is backed by a growing world demand for oil which is largely based in Alberta. Finally, Alberta has no regional sales tax, a triple A credit rating and a highly skilled workforce with average incomes substantially higher than the rest of the country.

Similar Posts:

Share

Post a Comment