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With the oil and gas industry a major driver in Alberta's regional economy, it's no surprise that market demand across Edmonton has taken a major blow with the decline in worldwide oil prices.
Overall availability exploded over the last year, with current rates (as of Q3 2015) sitting at 7.1 percent—a figure which should continue to rise.
As firms attempt to counter this market instability, mergers and acquisitions are likely to become more frequent for large and small companies alike. Recently, industry giants Halliburton and Schlumberger made major acquisitions, and several other rumored deals are on the horizon.
What does this mean for both tenants and landlords in the local energy sector? Download Edmonton's 2015 Energy Outlook to learn more.
Please fill out the form to download the report.