Upper Vista Innisfail

POPULATION
Alberta had the highest growth rate in the country with a rate of 1.0% over the fourth quarter (2022) which was higher than Canada’s of 0.7%! With a perfect mix of rapid population growth, strong economic forecasts and incredibly low tax rates, Innisfail is a prime location for residents to call home.

BUSINESS & REAL ESTATE
Alberta as a whole is seen as a very lucrative place for both business and real estate investment. It is home to the LOWEST Tax Rates in the country. There is NO HST as there is No Provincial Sales Tax. The government is committed in investing $10 BILLION as an infrastructure package. On the real estate side, there are NO Land Transfer Taxes, NO Development Charges, and NO Rent Control. The region is open for business and is attracting businesses from not only the rest of the nation but the entire world. What this means for real estate is simple – more business = more people = a higher demand for real estate.

ECONOMY
The economy is BOOMING and just getting started! Alberta is one of the world’s largest oil producers with 99% of all produced oil currently being sold to JUST the United States and at market low prices. THE FIX – is the Trans Mountain Pipeline which will move oil through the Rockies to the West Coast for ocean exports to markets across the world and at Higher Pricing! This will create over $70 Billion in revenue for producers and over $45 Billion in revenue for the provincial and federal governments while bringing thousands of jobs to the sector.

At the same time, the region is transforming into a global tech hub and for good reason. It has one of the highest ratio of Science, Tech, Engineering & Mathematics graduates in the country. This is paving the path for Tech Startups and Multi-National Corporations opening up in the region. Not to mention the growing number of “Tech Unicorns” (companies valued at over $1 Billion). Combine that with the significant tax savings it’s no wonder why the economy is on such an uprise.

More Jobs – Better Economy = More Housing Needs & Increasing Real Estate Needs!

LOCATION
The picturesque town of Innisfail is located in central Alberta, nestled between Calgary and Edmonton. With quick and convenient access to Highway 2 and the upcoming High-Speed Hyperloop Train, residents can seamlessly access the province’s major cities with ease. The town also boasts an array of local galleries, museums, community events, numerous local eateries, and some of Alberta’s top golf courses. For those seeking adventure, the rugged mountains of Banff,  Jasper’s sparkling glaciers, and Lake Louise’s turquoise waters are all easily accessible, providing endless opportunities to enjoy the great outdoors.

REPUTABLE BUILDER
Evertrust Development Group Canada Inc. is a leading real estate developer focused on making meaningful contributions to the communities they serve. Evertrust Development Group boasts an unparalleled global track record with over 25 years of experience developing master-planned, multi-phased communities. Evertrust is also at the forefront of innovation and is committed to developing energy-efficient, design-oriented communities built to the highest construction standards in the industry.