Homburg Invest Inc believes strongly in the future of Calgary, as economical
capital of Alberta. This trust is based on four points. First Alberta’s oil
sands underlie 140,800 square kilometres – or an area larger than the state of
Florida. Second there are 175 billion barrels of proven oil reserve in the oil
sands; that is second to Saudi Arabia’s 260 billion barrels. Third, in Calgary
there is no provincial sales tax, no capital tax and reasonable property tax on
land and buildings. The fourth and last pillar is Calgary’s population. That is
projected to double between today and 2025/2030!