Alberta Province Of Canada

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Alberta Province Of Canada


Alberta is one of the three Prairie Provinces in Canada. Of the three, Alberta is the highest populated and most rapidly developing province. One of the ten provinces in Canada, Alberta was named after Princess Louise Caroline Alberta, fourth daughter of Queen Victoria and Prince Albert. In size, the province is as big as Texas or France, and as of 2009, there were approximately 3.7 million people in Alberta. This province is economically advanced because of the presence of petroleum reserves. The healthcare system in this province is one the most sophisticated and advanced, and a well educated population and growing economy contributes to this factor. Edmonton is the capital city and is located in the center of the province. Edmonton located in close proximity to many of the western Canada's refineries and oil fields. Alberta is a landlocked province and experiences cold winters and warm summers. The climate in Alberta is largely dry and continental in character. The province is located in the Western part of Canada and hence is exposed to the cold arctic winds that blow from the north.


The temperature also differs largely as the province extends from north to south. The rapidly growing Alberta economy attracts immigrants from all over the world, especially Europe and parts of Asia, and also people from the other provinces. Most of the population in Alberta is concentrated around the Calgary-Edmonton corridor, as most of the northern part of the province is covered by dense forest. The southern half of the region in covered by short and mixed grass, typical prairie vegetation. English is the mother tongue of most of the native speakers, followed by Chinese, German, and French amongst other languages. The burgeoning economy in Alberta revolves round the petroleum industry and to some extent, technology and agriculture sector. Alberta is the largest producer of crude oil, natural gas, synthetic crude, and other gas products in the country. The other major industries include telecom and forestry. The province's GDP as recorded in 2007, was far higher than the GDPs of other provinces. Besides the oil reserves, Alberta is well known for its tourist attractions.


It is an ideal destination for hiking, skiing, and camping. Also, shopping points, sporting events and competitions of international acclaim, and outdoor festivals make this province a favorite destination for tourists. The province is an eclectic mix of both natural and man-made attractions. The onset of summer brings in a number of festivals to this province. The most popular is the Edmonton Fringe Festival, which is the second largest in the world after Edinburgh's. Calgary Stampede is a much visited festival and is related to cattle ranching. The folk music festivals in the province are equally popular, and the largest of these festivals in Canada are organized in Calgary and Edmonton. Carifest is second biggest Caribbean festival in the country after Caribana is hosted by Toronto. Alberta has a parliamentary democracy and the legislative assembly comprises of 83 members. Local school boards and municipal governments also operate in the province. The provincial government is led by the Progressive Conservative Partyand the premier heads the state government.


As a homeowner in Alberta, refinancing your home can bring you a number of benefits, based on your specific status. Refinancing involves moving from your current loan to a new and better loan, usually with a lower interest rate. As a first step, decide why you want to refinance so that your mortgage agent can help you choose the right options. To clear other debts such as credit card from the proceeds of the new mortgage while improving your credit score. The interest rate of a secured mortgage is far lower than that of an unsecured loan. In the refinancing process, the existing mortgage is paid out in favor of a better rate, consolidating other high interest debts into the new mortgage. The decision to refinance often depends on what it will cost to switch from your current loan to the new one. The main thing is the early payment penalty involved, or the cost of clearing the current loan, and calculating whether the benefits of refinancing are worth it. Preferably, mortgages must be reviewed on an annual basis to make sure you have the best rates. Refinancing into an even lower rate can be beneficial, even if it means breaking the existing mortgage arrangement and paying the related penalties. To make an informed decision, get in touch with your mortgage agent who can shop with several lenders to find out the prevailing rates and costs related to refinancing your home. This will help assess the new monthly payments you must make and the savings you will benefit from. How much you save will depend on the total cost of refinancing, its impact on your taxes and whether you intend selling your home in the immediate future. Lower interest rates mean lower deductions on your income tax, which means higher tax payments, thereby reducing the savings you expect from a low interest mortgage.


Wayne Gretzky went from a talented kid that took his first strides on the rink his dad made for him in the backyard, to one of the greatest athletes in the history of professional sports. Notice that I said any sport, not only one of the greatest in hockey. Since he was quite small as a kid and never really grow enough to look like a hockey player, Wayne relied on his smartness. He became a decent skater, but what separated him from the crowd was his ability to look one step ahead of everyone else. It didn't even help that many opponents put two guys on him as shadows. Wayne was just too smart for them. If someone rimmed the puck along the board, Wayne was in the other corner to pick up the puck before anyone else even had understood that the puck was going there. During his career he reached more highs than any other player in the history of the National Hockey League and even today fans can celebrate Wayne Gretzky's achievements with a wide variety of merchandise.





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