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Lethbridge ranks 4th among places in western Canada to invest

It appears Lethbridge is one of the top places in western Canada in which to invest.

The Western Investor has released its list of the best investment towns heading into 2020.

Lethbridge ranks number four on that list.

It cites the city’s diverse economy along with a prediction of strong employment growth over the next year.

“Despite an Alberta slowdown, Lethbridge’s economy has fired on all cylinders over the past two years, expanding by 5.1% in 2018, though economic growth will moderate to a still-healthy 2.6% in 2019 and 2.7% in 2020, according to the Conference Board of Canada. Strong employment growth will continue, with 2,700 new jobs created this year and next, following the 1,800 job leap last year. Population growth will remain solid at 1.9% in both 2019 and 2020, matching the average annual gains of the past decade.”

The Western Investor, which is a leading resource for commercial real estate in western Canada, is also expecting Lethbridge’s population to continue growing a steady pace.

Kelowna, BC was ranked as the top western city in which to invest. Followed by Prince George, Chilliwack, and then Lethbridge.

You can ready the full list here: Western Producer Best 2020 Western Canadian Investment Towns

Patrick Siedlecki
Patrick Siedlecki
Pat has been a mainstay in the CJOC News department from the time the station launched in 2007. He's been in the position of News Director since then and has been anchoring daily news casts as well as reporting and working behind the scenes. Community is important to him and keeping CJOC listeners and readers informed about what's happening across southern Alberta and beyond. Pat has been in radio broadcasting for the past 24 years, starting in Port Alberni on Vancouver Island in 1997 and then moving up island to Nanaimo for another few years before heading to Lethbridge in 2007. Pat grew up in the small Saskatchewan farming town of Foam Lake. After high school, he went to Western Academy Broadcasting College (WABC) in Saskatoon prior to moving to the island. Pat also spent several years broadcasting hockey in the BCHL as well as seven years as the radio voice of the Lethbridge Hurricanes in the WHL. Pat has been working at Cornerstone Funeral Home in Lethbridge as a Certified Life Celebrant and Funeral Assistant since 2016. News and sports have always been Pat's passion from the time he was a teenager and he's always been grateful to have had the opportunity to make that part of what's been a fun and long radio career!
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