Have you ever been tempted to move to Alberta due to the economic boom there?

Question

Did you secure housing first? Hint: secure long-term accomodations before moving there.

Answer 1

That was my first thought, unless you are in business or unemployed an economic boom is a place to avoid. Inflation, shortages, crowds, crime rates (booms attract everyone, including criminals).

I would consider the area if I was unemployed, or would look into it for health and education if I had a family, as both those have more money in Alberta than anywhere else in Canada. Gas and taxes are cheaper.

But housing would be the kicker. I know, I live on Vancouver Island and prices are skyrocketing as retiring Albertans sell there home there and move here and buy a retirement home.

Answer 2

It would be ok for the short term, but Alberta's economic booms are typically followed by economic busts when they all move back to Ontario.

Answer 3

no