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Go West for the Strongest Growth in Canada

June 13th, 2012

Here is a very informative report we found that we wanted to share with you today on the Provincial economy forecast for June 2012.

Here are some tidbits from the post:

Western Canada will dominate growth in this country this year and next. All provinces east of Manitoba will show weaker performance than the national average.

While global uncertainty has gone up a few notches recently and has somewhat dampened enthusiasm for commodities in recent weeks, we maintain our view that sustained global growth will support demand for, and thus the prices of, commodities at levels that will keep the commodities boom alive in Canada.”

we now project Alberta to lead growth in Canada for the second consecutive year in 2012, just slightly ahead of Saskatchewan

British Columbia is set to match the national economy’s growth rate in 2012, after outperforming it slightly last year.

For the entire report, please click this link.

After reading this report for ourselves we are even more enthusiastic about the fact that our main investing activities happen in Alberta.


Michael Ponte

Michael Ponte, President & Founder

Prosperity Real Estate Investments

Phone: 604-882-6901

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