Meet My Dad
I'd like to introduce you all to my dad:
E. Keith Conrad, President & CEO in Calgary, Alberta- Keith Conrad has over 40 years of business experience, with the last 20 years directly involved with executive management in the oil and gas industry. He has been Chairman of Macon Resources Ltd., a private company involved in the management of and investment in private and public companies in the oil and gas industry since 1997. In addition to Macon Resources Ltd., Mr. Conrad has been a director or officer of the following companies: Petroflow Energy Ltd., Shaker Resources Inc., High Point Resources Ltd., Mesquite Exploration Ltd., Draig Energy Ltd., Brigadier Energy Ltd., Serenpet Inc., AM Technologies Limited and Torex Resources Inc. at various times from 1990 to present. Mr. Conrad holds Bachelors of Arts and Law Degrees from the University of Alberta. Mr. Conrad was appointed President & CEO of Enterra in June 2005.
The reason I want you to know him is he's taught me everything I know and understand about business.
My father has been studying the ebb and flow of economics since the beginning of time. When I was a little girl (long before computers) his study was covered wall to wall with cork board where my father diligently hand tracked, graphed and posted all of his stocks and any of interest.
Jump to the future and my father began hosting 'Economic Forums' with guest speakers like Dr. Sherry Cooper with the hopes of educating his friends, family and collegues, and I began to learn about how to "Ride The Wave".
E. Keith Conrad, President & CEO in Calgary, Alberta- Keith Conrad has over 40 years of business experience, with the last 20 years directly involved with executive management in the oil and gas industry. He has been Chairman of Macon Resources Ltd., a private company involved in the management of and investment in private and public companies in the oil and gas industry since 1997. In addition to Macon Resources Ltd., Mr. Conrad has been a director or officer of the following companies: Petroflow Energy Ltd., Shaker Resources Inc., High Point Resources Ltd., Mesquite Exploration Ltd., Draig Energy Ltd., Brigadier Energy Ltd., Serenpet Inc., AM Technologies Limited and Torex Resources Inc. at various times from 1990 to present. Mr. Conrad holds Bachelors of Arts and Law Degrees from the University of Alberta. Mr. Conrad was appointed President & CEO of Enterra in June 2005.
The reason I want you to know him is he's taught me everything I know and understand about business.
My father has been studying the ebb and flow of economics since the beginning of time. When I was a little girl (long before computers) his study was covered wall to wall with cork board where my father diligently hand tracked, graphed and posted all of his stocks and any of interest.
Jump to the future and my father began hosting 'Economic Forums' with guest speakers like Dr. Sherry Cooper with the hopes of educating his friends, family and collegues, and I began to learn about how to "Ride The Wave".
When you look back over the course of history the 'wave' is very evident. What we're experiencing is a worldwide consumer confidence issue with a drop off that strongly resembles the drop in the 80's. There are some fundamental differences though.
In the 80's interest rates peaked at 22%. Affordability was negligable. Today we have the lowest interest rates in recorded history and while we've seen sales and prices drop dramatically, we've actually seen appreciation rise 12% as a result of reduced rates and prices. In other words - your dollars will buy you 12% more this year! That's great news!
Yesterday at the Fraser Valley Real Estate Board AGM, I had the privilege of hearing Cameron Muir Chief Economist of British Columbia Real Estate Association speak to the state of our economy on the heels of the Provincial Government's Budget release. According to Mr. Muir, as we are well into a recession, the worst is likely behind us and BC is well positioned for a recovery although he did admit that the projected deficit was already outdated as per newly released indicators.
What's my point? My point is, just like my father taught me, just like throughout history, as we 'ride the wave', we will see a recovery as consumer confidence returns, Olympics arrive and with 50,000 people arriving in our province every year, supply will reduce and demand will rise. It is inevitable. Thanks Dad!
By the way, if you were buying or selling a home, or had a friend or family member who was, do you have a Realtor you would refer them to? I would love to be that Realtor! Please contact me with any questions and check out my website for my new listings! www.tlchome.ca
Cheers!
Teri-Lyn Conrad
TLCHOME
Royal LePage Wolstencroft Realty
604.530.0231
