Making Money Minute with Ron Hiebert - The Alberta Advantage Revisited

The Alberta advantage, is all about living in a place where you can earn more, and your cost of living, especially for homes and taxes, is less. This advantage really shows up in the amount people can save. Between 2019 and 2025, the average Alberta household was able to put about $65,000 in the piggy bank. BC, because of its high costs, saw household savings over the same period between 10 and 15 thousand. The Alberta advantage allows residents to save 4 to five times as much as those in the province next door. BC might have milder winters, but the cost for that privilege, makes it almost impossible for the average person living there, to get ahead financially.

For more information listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.