As I am listening to the news this morning, I hear there is over $40,000,000,000 in energy projects that have been announced in only the last two weeks! The one project is Shell’s Upgrader in Fort Saskatchewan in an area known as Upgrader Alley, due to all of the Upgraders being built in the area.
This is a $27,000,000,000 (these are billions folks!) project that isn’t even going to start until 2009. When companies of this size are prepared to write checks of this magnitude you have to be aware what Alberta is currently going through is huge. The Real Estate market and the economy have many more years of growth left and this is just a small indicator of what is still coming!
