Meanwhile, in China...Oil, the fuel behind alberta’s economic growth

China: 1.3 Billion People

1.3 Billion People340 Million People

Future Trend

Current

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China’s rising energy demand will have a massive impact on alberta’s real estate prices.energy demand in China doubled during 2000 to 2007. in 2000, 4.5 BPY (barrel of oil equivalent per person per year) was consumed compared to 9 BPY in 2007.

it’s no secret that continued rapid growth in China, (not to mention india and other developing economies) is putting upward pressure on the value of energy.

Even if China’s energy demand reaches just HALF of North America’s, they will require TWICE the total energy we do.

That’s not including india and the remaining 4.6 billion people in developing nations.

North America’sAnnual Energy Consumption

China’s AnnualEnergy Consumption

Sources: The End of Energy Obesity by Peter Tertzakian, ARC Financial Research,World Bank, Energy Information Administration (EIA)

2000

2007

4.5BPY/Year

9.0BPY/Year

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The world needs energy. alberta has the Resources.

VENEZUELA75 Billion

ALBERTA174 BillionConflict-free

IRAQ110 Billion

SAUDI ARABIA255 Billion

Global Oil Reserves Source: International Energy Agency – World Energy Outlook – 2009

What does this mean?

Job Growthinvestment in, and development of,

alberta’s oil sands will continue to create thousands of jobs.

Population Growth

an abundance of jobs will attract workers to

alberta creating increased demand for housing.

Real Estate Price Increasesincreased housing

demand pushes real estate prices higher.

The time to buy is now.By joining Parkhurst you can co-own multi- family apartment buildings in alberta while prices are still low.

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