THE NEST

THIS WEEK AT THE NEST

THE NEST is located within walking distance to all the urban amenities of downtown Spruce Grove. This downtown area is the focus of the City Centre Revitalization Discussion Paper, prepared in co-operation with civic and business leaders. They look forward to continuing population growth and help ensure Spruce Grove continues to be a great place to live, work and invest.

Alberta is poised to have the strongest economic growth in 2017 mainly due to fast-rising oil production, according to The Conference Board of Canada’s Provincial Outlook: Winter 2017. Former leaders, British Columbia and Ontario, will see the pace of economic growth ease this year, but they will still deliver a solid performance. The Board projects Alberta will lead the country in terms of real GDP growth in 2017, which is forecast at 2.8 per cent.

Contributing to the province’s growth is a more stable outlook for the energy sector following the recent OPEC agreement to cut oil production, which will allow oil prices to average almost US$60 a barrel for the West Texas Intermediate by the end of 2018. Although investment in the energy sector will not be increasing at a fast pace, total exports are expected to increase this year due to robust oil production gains as new oil sands projects come online. Another positive development for Alberta down the road is the federal government’s conditional approval of the Enbridge Line 3 Replacement project and Kinder Morgan pipeline.

Conference Board
CBC

On Monday, Feb. 13, service began on Route 562 – Spruce Grove’s newest commuter transit route. Route 562 will run during peak morning and afternoon hours on weekdays and will travel around Spruce Grove with service to West Edmonton Mall, the South Campus/Fort Edmonton Park LRT station and the Acheson Industrial Area (south). Route 562 joins Route 560, which travels throughout Spruce Grove and provides service to NAIT, Grant MacEwan University and Edmonton’s downtown core, as a Spruce Grove commuter transit route. All fare products, including the U-Pass, will be accepted on both routes.