As a dedicated investor, you are always on the lookout for the next opportunity. Doing your homework, understanding the market size, creating a vision and generating a solid business plan are essential to financial success. According to MSN, the following four Alberta towns have had above average growth over the last few years.
- Cochrane, Alberta. This small town has an annual growth rate of approximately 5 percent (Money Sense). The small city has not business tax and is knows for its industries such as lumber, construction and ranching.
- St. Albert, Alberta. With a growth rate of 6.7 percent (2016 Canadian census), this community is thriving with new developments.
- Blackfalds, Alberta. Stats Canada 2016 census indicated that Blackfalds had massive growth between 2011-2016. Accordingly, 48.1 percent was Alberta’s fasting growing municipality.
- Lethbridge, Alberta. Lethbridge had a 10.8 percent population increase from 2011-2016 (Stats Can). With an increasing population, there is a demand for new residential, commercial and industrial developments.
What small Alberta town trends will we see for 2019?
