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We’re Not Mothballing The Oilsands

October 23, 2008 Oil

From an Reuters’ article I found today: “Given the current situation in the financial markets what we are doing is announcing a change in how we execute this project. We are not mothballing it, we’re not stopping it … We believe this will give us reduced risk on a go-forward basis and increased flexibility.” – [...]

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Is Gas too Expensive?

May 24, 2008 Alberta

Danielle Millar from the Oil Sands Investor Abroad  blog posted a great clip from 20/20 about the price of gas in the US. I should also point out that gas is cheaper in the US than here in Canada, and much cheaper than in the UK, EU or a lot of other places on the [...]

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The News!

May 5, 2008 For Real Estate Investors

Here’s some news headlines from the last couple days. Thanks to Joe Iannuzzi for his work in compiling the longest running thread on REIN! More news than you can shake a stick at. I’ve been busy getting a deal done, and preparing some JV paperwork. More about that stuff once the deal is done! High [...]

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What will Alberta be like in 2010 for Real Estate?

April 25, 2008 Alberta

Editor’s Note: There’s been a lot of news lately since BMO declared "Canada’s six-year housing market boom is officially over".  Today’s guest post is from Thomas Beyer, the President of Prestigious Properties Group and a REIN member. He originally posted this on the myREINspace forums and kindly consented to share his vision. Here it is, [...]

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Has anybody seen a greenhouse around here?

April 2, 2008 Alberta

Charles Frank from the Calgary Herald wrote an interesting article about carbon, climate change and Alberta. He said a couple things I don’t fully agree with, although I’m sure in an extended discussion we’re in agreement. The majority of his article is right on the money. In a nutshell: Canada produces slightly more than 2.5 [...]

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Playing with Real Estate in the Oil Sands Box

March 28, 2008 Alberta

It’s Friday and that makes me happy. It’s going to be a great weekend for me, and there’s a couple more properties I’ve done a cash flow analysis and some due diligence on and have asked my Edmonton team to go check out. Might be a motivated vendor. Today I’m going to share some more [...]

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The Tories Are Back: 2 Reasons Why and What it Means for Real Estate

March 3, 2008 Alberta

I think that CBC’s headline says it best. Albertans re-elect historic 11th straight Tory government There are two big reasons why Honest Ed won, and CBC points to them, if obliquely. Driven by the booming oilsands, the province is grappling with major growth pressures, including a lack of affordable housing and aging infrastructure, as well [...]

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