Economic Climate
Hood Managing Partners is well positioned to exploit future business opportunities that will elevate exponentially as the North American and world economies recover.

Political Stability
Canada is a politically stable country.  As a global energy supplier, national and provincial energy policies encourage and support discovery, recovery, refining/manufacturing, and marketing activities.   The Province of Alberta has created a Provincial Energy Strategy that charts the course of the provinces energy future.  It is a long-term action plan for Alberta to achieve clean energy production, wise energy use, and sustained economic prosperity.

Secure Energy Supplier
A highly developed transportation and infrastructure system guarantees safe and timely delivery of raw and processed energy products to Canadian, US, and global markets.  Systems include intricate pipeline grids, dependable highway and rail transport, and gateways to ocean ports.  The City of Calgary is the largest transportation hub and inland port in Western Canada.

Entrepreneurial Spirit
The Province of Alberta is known for creative and entrepreneurial thinking.  This philosophy is responsible for Alberta becoming recognized as a world-class energy supplier, an energy technology champion, a sophisticated energy consumer, and a responsible environmental citizen.

Vast Resources
Alberta has vast oil, natural gas, bitumen, coal, coalbed methane, and other mineral resources.  The latest technology and methods are used for resource recovery.  The province is known for innovation in oil sands development, petrochemical refining, hydrocarbon upgrading, and other technology.

It leads in the development of renewable and alternative energy sources like bio-energy, wind, and solar power.  Alberta is well served by vast water resources and electricity generation capacity.

Human Capital
Perhaps the greatest resource is the pool of skilled human equity.  Albertan’s tend to be highly educated due to a strong educational system that has three degree granting universities, two polytechnic institutes, and a large network of specialty and community colleges.  Ethnic diversity positively influences outward, global, and entrepreneurial thinking.

Economy
Alberta is one of the most economically vibrant regions in North America.  It is driven by Oil Sands Development and the recovery of vast oil and gas reserves using traditional methods. The economy is driven by the energy sector and boasts high per capita earning, purchasing, and investment levels.  Even in a soft economy, Alberta’s economic performance is near the top of all regions in North America.

Urban Centres
The two largest cities in Alberta are Calgary and Edmonton.  Both cities have populations of more than 1 million.  They are ethnically diverse and offer vibrant artistic, cultural, and recreational activities.  The cities provide a variety of lifestyle options. 

Calgary is home to the world famous Calgary Stampede.  Calgary is also the head office capital of Canada’s energy industry.  It was the host of the 1988 winter Olympics.  

Edmonton is known as the gateway to the north and the service centre for the Canadian energy industry.  Locating HOOD MP corporate offices in Edmonton provides easy access to major projects as major refineries are located in or close to Edmonton.  The city is a five hour drive from Ft. McMurray, the centre of Alberta's Oil Sands operations.

Vancouver has a population of 2 million and is located in the neighboring province of British Columbia.  The city will welcome the world as the host of the 2010 winter Olympics.  It is a major world port. 

High Tech
Hood Managing Partners is part of an industry that has access to a vibrant high tech community that has evolved in response to industry needs.  Research, development, engineering, and manufacturing support the energy and other industries.  

Geography
The stunning beauty of the Canadian Rocky Mountains generates millions of tourism and recreation revenues each year.  Rolling foothills and sweeping prairie lands in the south support cattle ranching and grain farming.  Pristine and untapped forest reserves blanket the northern part of the Province.  Energy resources are found throughout these regions.