 鲜花( 2)  鸡蛋( 0)
|
http://www.edmontonsun.com/News/ ... 29/4454312-sun.html
, i+ d! x6 o0 t2 \( T3 \& t% ?9 |1 _, Q
WE ARE PETRO-CANADIANS
# p3 ?! G i0 O* l& e4 z; a- s7 T# w% s) i
Due to the climate of political correctness now pervading Canada, Albertans will no longer be known as "Rednecks." % v3 K! ~! J6 [2 a. D
, S6 p9 }+ f9 k
We must now be referred to as "Petro-Canadians." ) t. s7 c- A3 H! n! C! ?5 J
- u! N+ c5 m% m- Z1 C& g# `+ ^. AWHY SELL NOW?
; B1 ~" q2 h' m" @6 H3 ~9 v9 T" o2 z& G" Y) z: S3 b
If I didn't own a house in Edmonton, I'd buy right now, with the current 10% dip in prices that have doubled in the past three years.
f" E: e' j; N/ Y- C
& f% g J# H _9 \: K0 v8 C: `$ w$ n2 R
H& f) b* m' v6 \7 y
If I was thinking of selling, I'd hold off until 2008 or 2010.
8 z! j; F- q6 Z, |4 E6 S$ E' ]4 x) P, v
House prices, with a few peaks and valleys along the way, will continue to increase.
, b0 k9 E2 D7 j# N# b# m& w& N L* i9 y
We don't quite get it.
4 r' E6 [5 Z7 x
8 x& F+ \: B6 U* K* G0 U2 `* y* tWe're squat in the middle of the greatest industrial boom in the freakin' world!
. C2 X" @$ w% C! ?8 X9 o
- d4 L% X+ y' U& f7 LIn the oilsands, including mining projects and upgraders, the government lists 52 planned projects in its Inventory of Major Alberta Projects website. Average price: $3 billion per project.
! |8 l2 D2 J, b0 v% U- E% y# p& c, Q* n2 w" V2 {* L* R* C2 d
Even with huge slowdowns, at least half those projects will happen. The bitumen upgraders in Strathcona and Sturgeon counties are just starting. Nine proposed upgraders are listed on that website.
/ r4 A4 S3 [5 u8 X2 N2 x# N$ L
% U1 ^7 y3 {# k# s8 Z: d2 g: cUpgraders and big oilsands mining projects each require workforces of 5,000 to 6,000 to build over a two-year period. 7 s' c4 {$ F0 z! W: S! ^8 \
; K% H- ~. h' T& j8 m1 Y( n
Tradesmen will pour into northern Alberta over the foreseeable future. The numbers of expected newcomers range from 3,000 to 10,000 per year, with a multiplier effect all over the region. B" M+ n/ D0 ^6 ~: w& M: M4 T0 B5 t, d
* ` l2 `$ G: l5 k1 C
Every expert in the world says oil prices will not collapse, due to world-wide demand. The price might drop by $10 per barrel, but oil- sand operations can still make a profit at those levels.
1 a9 I* _/ [7 i' W* E9 t' }5 e S/ L
Stricter environmental safeguards will increase the cost of production, but won't severely slow it down. ; R1 t* m; j) Y
0 g+ U1 {! |7 r7 h3 R% B
And all those skilled tradesfolks, coming with their families, have to live somewhere. ; H1 |6 W! E5 [$ D$ {
2 d1 N7 \6 _' ~, G* \House prices will go nowhere but up. |
|