I chose the U of C, because a) I was lazy and didn't want to apply anywhere else, and b0 I happened to get into Haskayne and am completely glad I did, because if I tried again I'd never get into that faculty... too hard these days, lol.
Working downtown now, I can tell you that where you got your undergrad really doesn't matter one bit. I agree with MelBridgeman, I've seen SAIT students acheive faaaaaar more than me already. It really depends on your personality; however, I've been turned away from some pretty cool jobs because there were people with more impressive resumes.
That's the vicious cycle of a student though; can't get a job because you have no experience, can't get experience because you have no job.
...well, unless you're a geologist or engineer. Then you can command your price.