A few pieces of miscellaneous news:
https://www.newswire.ca/news-releases/bison-announces-mizuho-bank-investment-in-alberta-ccs-projects-837911540.html...
I thought he probably wasn't aware of Alberta's fixed rate options which are at 10 cents KwH at the moment... less than BC. Probably he just looked at a comparison of the floating rates.
Maybe having a gritty downtown is actually Edmonton's secret affordability weapon. Affordability alone will probably make Edmonton the fastest growing city in canada over the next 5 years. And I think a big part of why it's more affordable is that DT is less polished than other places.
Will be interesting to see if Edmonton can maintain its affordability. Last year with 60,000 new Edmontonians and somehow we're still quite affordable and numerous condos still available for under $100k.
Maybe we just have the capacity to grow faster than we think.
One wild card is Edmonton's population. If Edmonton can manage to stay more affordable while accommodating tens of thousands of new comers, we could be expected to see even greater population growth. In a few short years the population will hit 2 million and could hit 2.5 in maybe 15 yrs...
Yeah explains why things are getting crazy around here. Edmonton has become much more well known now for the sole reason that it is affordable in 2024. Still are decent condos for $100k-$200k here. And single family homes for $450k.