While it will vary by lender and type of mortgage, in general, the minimum credit score to be approved for a traditional mortgage is around 680. Some lenders may go a little lower, but again, higher is better. A credit score above 700 is considered optimal when applying for a mortgage. What credit score do […]
Category: Alberta
Is Alberta’S Population Growing?
Alberta now has a population of 4,543,111 as of the third quarter of 2022. The provincial population has grown by 40,253 since the previous quarter, the highest amount ever for a single three-month period. Alberta experienced growth in inter-provincial migration of 9,857. Are more people moving to Alberta? Migration to Alberta on the rise The […]
Who Regulates Gas Stations In Alberta?
The federal National Energy Board (NEB) regulates interprovincial trade in natural gas and approves transportation charges for interprovincial transportation. It also issues long-term licences and short-term orders (up to 24 months) authorizing exports from Canada. Who is responsible for the administration of the gas regulations in Alberta? the Alberta Energy RegulatorGas Resources Preservation Act This […]
What Industries Are Growing In Alberta?
A common example in Alberta is the oil and gas industry. For example, InvestAlberta describes 7 key sectors where Alberta companies are doing exciting work right now: Agriculture. Aviation and logistics. Energy and clean tech. Financial services. Petrochemicals. Technology and innovation. Tourism. What is Alberta’s largest growing industry? Oil and gasOil and gas is technically […]
Why Is Alberta Booming?
Alberta has earned a reputation over many decades for being a boom-bust economy. Strong oil demand and high prices have created boom times for jobs, incomes, investment and government revenues, while weak demand and falling prices have meant a slowdown or even recession on occasion. Is Alberta’s economy getting better? ATB Financial forecasts Alberta’s 2022 […]
What Drives The Economy In Alberta?
Alberta produces the vast majority of Canada’s natural gas and crude oil and roughly half of its coal. Not surprisingly, fluctuations in world oil prices seriously affect the province’s economy. What are 2 major industries in Alberta? Oil & Gas & Mining. 23.2% Manufacturing 6.9% Transportation & Utilities 9.2% Business & Commercial. Services 6.6% Finance, […]
What Is The Future For The Alberta Oil Sands Industry?
Compared to a CAGR of 8.6% throughout the oil sands growth phase (2000–2018), the Canadian Energy Regulator predicts that bitumen production will grow at a CAGR of 1.68% from 2018 to 2040, for an overall growth of 1.41 million barrels per day by 2040, or 41% over 2018 levels. What is the future of the […]
Is Alberta In A Surplus?
In August, Alberta’s budget surplus was revised from $511 million to $13.2 billion before being revised yet again Thursday to $12.3 billion. The West Texas price has softened somewhat and is expected to remain as such in the near future, but still hovers in the very healthy $80 a barrel range. How is Alberta doing […]
What Is The Acceptance Rate Of Alberta?
University of Alberta admission statistics The school has an acceptance rate of 58%, making it one of the hardest Canadian universities to get into. What is the acceptance rate for University of Alberta? Getting into the University of Alberta. The university’s acceptance rate sits around 51%. This means approximately half of the students that apply […]
Where Is The Warmest In Alberta?
What is this? The bafflingly-named city of Medicine Hat in Alberta has the nickname ‘the sunniest city in Canada’ thanks to its hot summers and low rainfall. Where is the warmest winters in Alberta? On average, Waterton Park is one of the warmest places in Alberta in winter although winter temperatures can drop as low […]