There had been a fair bit of new this week around rent increases in Edmonton, some tenants have been sent rent increases as high as 100%. The Alberta Boom!!
Again in the news a new up grader in the Edmonton area residents are worried about the rise of cancer rates in places that have these. The Alberta Boom!!
I hit a huge pothole yesterday in Grande Prairie, then another and another. I could not avoid them they where along 100st south of the tracks. The Alberta Boom!!
We keep being told that we are all benefiting from this Alberta Boom, I have yet to see it. As someone who works in the public sector I have yet to see large sumes of money coming my way, in fact when I speak to my friends and fellow workers they cannot see any benefits either.
Conclusion, yes there is a boom and those that are benefiting are the oil barons and those workers coming from out east to make a fast buck then head back home to buy their dream home in cash!! Yet my kids stand no chance of being able to even buy a house with a mortgage.
The government needs to put a freeze on all new oil based development, let's have a rest, some breathing room to catch up, force the cost of doing business in Alberta to drop. S0me people sat raise the royalties the oil companies pay and while I don't think that would be bad idea, it would not solve the problems, unless it slows down the growth, all it would do would be more money for later, but solving the problems today as we don't have the workers to solve the issues. In Edmonton a large contract to renovate part of the Whitemud did not get one bid, that says it all.
So The Alberta Book is a joke, and for all those of you outside of Alberta who are thinking of coming here to make a fast buck, think again!
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