The recent Liberal win in BC - despite massive predictions of an
NDP sweep - will substantially improve the overall investment
climate in BC and AB !
This is very good news for AB and BC real estate investors or landlords like us !
The
"three ladies" Danielle Smith ( possibly future premier of Alberta),
Allison Redford (current premier of Alberta) and Christy Clark, Premier
of BC will eventually figure out a way to move oil safely to the BC
Coast, either via an expanded Kinder Morgan pipeline, or via Northern
Gateway, or both.
Alberta oil would have moved anyway, but more
costly, and away from BC without any economic spinoff for BC (say via
Alaska, or Seattle, or E-Canada or Manitoba, on rail or pipelines)
It
will allow BC to collect huge tolls, create huge tax revenues and
massive # of jobs. By paying off and/or involving First Nations, too, it
will generate large amount of needed cash for northern communities as
well as BC's cash strapped coffers. . It will be a big win/win for AB
and BC if they work together proactively, as clearly BC voters haven
chosen "jobs" and "the economy" over ideology (tarsands is bad, global
warming, no to any expansion, being green means no development, etc.)
Some related articles in the media after the election win and its implications Canada, and North-America wide:
http://www.edmontonjournal.com/news/alberta/Redford+Smith+react+surprise+election+result/8387555/story.html
http://fullcomment.nationalpost.com/2013/05/15/kelly-mcparland-b-c-election-surprise-puts-thomas-mulcair-on-notice/