I can verify this...

By
Services for Real Estate Pros with Glenn Simon Inc.

"Canada’s youths are heading west and east, in the chase of work, like never before.

In Ontario, where the unemployment rate for youths soars above where it lies in other provinces, about 100,000 people left between 2003 and 2010, half of them belonging to Generation Y, notes Serge Coulombe, an economics professor at the University of Ottawa." Read More

Out of the 10 tenants I placed this month about two thirds were from another province. They've all come for work and they are all in the early to middle twenties. Mostly single guys but a couple of women too.

It does feel like the middle of a gold rush. There are ups - like lots of tenants and applicants and downs - like rush hour. But it's really exciting to be in the middle of it.

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Topic:
Real Estate General Information
Location:
Alberta Edmonton Region
Groups:
Investors
Canada has Arrived!!
Tags:
alberta workforce
generation y
alberta next boom

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Rainmaker
1,120,810
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

Hmmm...economics speak, I guess.   I can remember when the flow was definitely in the opposite direction...Ontario was the name of the game, at that time.  

March 16, 2012 08:47 AM #1
Rainmaker
188,232
Bruce Hicks
Best Homes Hawaii - Honolulu, HI
CRS- Your Friend/Helper for Lifetime! 808.9551577

Our ROI is not as good as Canada but our unemployment rate is below 6%.  We wish you well in all your business endeavors for the rest of 2012.

March 16, 2012 08:48 AM #2
Rainmaker
256,216
Todd & Danielle Millar
Glenn Simon Inc. - Edmonton, AB
A decade of excellence!

Li -Thanks for your comment! I remember moving all over Canada in the eighties for my parents work. I went to 6 highschools! Yes now it is Alberta's time to shine (again)

Bruce- Thanks for your comment! I've heard about Hawaii's economy and it's good standing. Amazing is it related to tourism?

March 16, 2012 09:04 AM #3
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Rainmaker
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Todd & Danielle Millar

A decade of excellence!
Get cash in your pockets with Alberta Real Estate Investments
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