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.

  1. 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.
  2. St. Albert, Alberta.  With a growth rate of 6.7 percent (2016 Canadian census), this community is thriving with new developments.
  3. 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.
  4. 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?