Like this cancellation by CNRLOr do they indicate a bigger macro trend? That is some hesitation on the part of bigger corporations on environmental and financial/cost overrun risks with new oil sands investments? We'll have to wait and see.
But if some of these massive investments fizzle out, what is going to support these high prices in Alberta? Thankfully, we have been blessed with wonderful weather that would easily attract thousands of retirees from across the globe :)
On a totally different note, does this ad for condo indicate a sign of things about to come? I mean, we are Edmonton where there are bidding wars going on for property and here we have someone throwing in a 7 year old Merc with a condo. It's not Florida, yet!
Wednesday, March 7, 2007
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