Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

Boomtown Blues - Location, Location, Location

Fortunes, large and small, are being made in the "city without pity" these days. Fred Woods' take from the current oil boom would fall into the former category.

Unfortunately, he decided to tell the world about the proposed construction of his 14,000 square foot $10 million dollar dream home in Calgary's Mount Royal community.

The majority of Canadians who are not directly participating in the current oil boom are not going to forget this example of profligate spending.

Energy income trusts hit hard by the Conservatives? Obviously the hit was a flesh wound. While the building of a dream home is a success that deserves to be celebrated, perhaps the front page of the Calgary Herald wasn't the ideal location for the fete.