I have helped hundreds of people in Fort McMurray with mortgage financing. As a licensed Fort McMurray Mortgage Broker, I can get you the lowest mortgage rates in Fort McMurray. With the unique economic situation in Fort McMurray today, there are certain rules and guidelines for getting mortgages on property that is different from other areas of Alberta. If you live in Fort McMurray and are looking for a Fort McMurray Mortgage Broker, give me a call or drop me an email. You can apply online for same day approvals as well.
Fort McMurray is about 450 km northeast of Edmonton, and is known as Alberta's Northern Light. It is the major commercial, cultural and recreational centre for the oil sands region as well as being the headquarters of The Regional Municipality of Wood Buffalo. Approximately 40,000 people in 11 different communities are governed by one municipal council and mayor located in Fort McMurray.
Although Fort McMurray has been settled since the fur trading days of the 1700s, it has periodically flourished as a centre for the barging, logging, salt production and fish packing industries. Fort McMurray transformed itself into a modern, sophisticated city which can be traced directly to the impact of oil sands development. Since the 1960s, when the current Suncor Energy Inc., Oil Sands Group began large-scale commercial bitumen production, the community has undergone exceptional growth.
The dominating industry is oilsands extraction and upgrading. Thousands are employed at Syncrude Canada and Suncor Energy where together, they provide about 20 per cent of Canada's energy needs. While oil sands activity commands the local economy, there is a growing focus on the areas of forestry, small business, manufacturing and tourism industries.
Today, Fort McMurray has a population just over 41,000 people and it's land mass covers over 63,000 square kilometers.
One of the major industries in Fort McMurray is the Oil Sands. Many Americans are moving up north, because their careers are taking them there.
