Investor News
“Grande Prairie ranked 2nd in Alberta for real estate return on investment, and closes in behind Edmonton.”
Source: Real Estate Investment Network (REIN), August 2006
REIN has just completed its latest research on the best municipalities to invest in across Alberta. Grande Prairie has been noted for making the largest positive move since the last report, from 8th place to 2nd. According to the report to be published in August, Grande Prairie is more attractive than Calgary, Red Deer, Lethbridge, Ft. McMurray and Sherwood Park when it comes to real estate investments.
The soon-to-be-released report is a positive reflection of the City of Grande Prairie’s investment in facilities and infrastructure to build community capacity.
For more information: visit http://www.reincanada.com/.
Grande Prairie – 4th Best Place to Live in Canada
Source: MoneySense Magazine, April, 2006
MoneySense Magazine ranked 108 Canadian communities on economic diversity, median house prices, median family income, population growth, unemployment rate, weather and leisure. Grande Prairie rated fourth overall after Leamington, Ontario, Guelph, Ontario, and Lloydminster, Saskatchewan. In the “quality of life” category, Grande Prairie ranked higher than all the Alberta cities, including Calgary, Edmonton and Red Deer.
| Rank | City | Prov | Median Family Income ($) | Population Growth | Unemployment Rate |
|
1 |
Leamington | ON |
60183 |
6.8 |
4.4 |
|
2 |
Guelph | ON |
66388 |
10.7 |
5.1 |
|
3 |
Lloydminster | SK |
59092 |
10.7 |
3.8 |
|
4 |
Grande Prairie | AB |
65320 |
18 |
5.5 |
|
5 |
Kitchener | ON |
63477 |
8.2 |
5.5 |
|
6 |
Cobourg | ON |
55764 |
6.1 |
6.7 |
|
7 |
Hamilton | ON |
63031 |
6.1 |
5.7 |
|
8 |
Red Deer | AB |
59152 |
12.7 |
5.2 |
|
9 |
Calgary | AB |
65488 |
15.8 |
4.9 |
|
10 |
Halifax | NS |
55885 |
4.7 |
7.2 |
Source: Money Sense Magazine, April 2006. Website: http://rankings.canadianbusiness.com/BestPlacesToLive/article.asp
Grande Prairie – Ranked 3rd in Canada’s Top Prospects for Small Business Activity.
Source: Bank of Montreal Financial Group, 2003.
In June 2003, The Bank of Montreal Financial Group identified the Top Prospects for Small Business Activity (2002 – 2007) in Canada. In this assessment, Grande Prairie ranked 3rd, showing a strong and growing small business sector with a large representation of small firms. http://www.bmo.com/economic
Grande Prairie – Rated 2nd Canada’s Small Business Hotbeds.
Source: Bank of Montreal Financial Group, 2003.
In March 2003, The Bank of Montreal Financial Group looked at 111 census agglomerations that have a population of at least 10,000 and identified the fastest growing areas for small business in Canada. The top ranked areas were named as Canada’s Small Business Hotbeds. Whitehorse, Yukon ranked first, and Grande Prairie ranked second – a credit to their robust small business sectors. http://www.bmo.com/economic
Grande Prairie was awarded Silver in the 2002 SnoRidersWest Rider’s Choice
Grande Prairie was awarded Silver in the 2002 SnoRidersWest, Rider’s Choice Awards, for the Favourite Overall Snowmobiling Area in Alberta, category.
Source: http://www.snoriderswest.com/
Grande Prairie recognized as “one of the top 10 places to invest in Alberta”
In autumn 2001, The Real Estate Investment Network, a division of Cutting Edge Research Inc., Calgary, selected the City of Grande Prairie as one of the top 10 places in Alberta in which to invest. Grande Prairie was rated 8th overall.
Source: www.reincanada.com
