Imagine living in a place where the cost of living is so high that you can barely afford to pay your rent, groceries, utilities, and transportation. A place where the average house price is over $1 million, the unemployment rate is over 10%, and the taxes are among the highest in the country. A place where you feel like you are working hard but getting nowhere. This is the reality for many people living in Ontario, Canada’s most populous and economically powerful province. Toronto, Ottawa, etc.
But what if there was another option? A place where the cost of living is much lower, the economy is booming, and the opportunities are abundant. A place where you can buy a house for less than half the price, find a well-paying job in a variety of sectors, and enjoy a high quality of life. A place where you can achieve your dreams and goals without breaking the bank. This is the reality for many people living in Alberta, Canada’s fourth most populous and second richest province.
In this video, we will explore how Alberta has quietly become the new Ontario, attracting thousands of migrants from across the country and around the world. We will look at the factors that have made Alberta such an attractive destination, such as its abundant natural resources, its diversified economy, its low taxes, its friendly business environment, and its vibrant culture. We will also examine the challenges that Alberta faces, such as its environmental impact, its political instability, its social diversity, and its relationship with the rest of Canada. By the end of this video, you will have a better understanding of why Alberta is the place to be in 2023. This… is the silent rise of Alberta as the new Ontario.
0:00 Intro
1:37 The Big Picture
4:15 The Musical Chairs Effect
7:03 The Implications of Alberta’s Interprovincial Population Boom
10:02 The Headwinds For Canada’s Industry 4.0 Strategy
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