Oil price drop means lost billions for Canada
- Thread starter mentalfloss
- Start date
Um. . . Eagle? Don't mean to be a spelling Nazi, but just wanted to point out that it should be "apnfsqgb."
Economist Shmeconomists
They nothing but fear mongerers in a socialist plot to take our money.
Oil price slide: Alberta should look at carbon tax, economist says
They nothing but fear mongerers in a socialist plot to take our money.
Oil price slide: Alberta should look at carbon tax, economist says
"A prominent economist who once predicted the price of oil would exceed $200 a barrel says the current low price is a chance for Alberta to take a fresh look at how it gets its revenue."
And that is what it is all about and what it has always been about. No conspiracy... No secrets... just another revenue stream.
Thanks for proving my point.
In other completely related news..
Canadian dollar sinks lower after double whammy of disappointing data | Financial Post
In other completely related news..
Canadian dollar sinks lower after double whammy of disappointing data | Financial Post
"The sooner Alberta decreases its economic dependence on the oilsands, the better off the province will be"
say what? Diversify the Alberta economy? Nah, c'mon...
Just heard on CBC that AB added over 5,000 jobs in the province.
... Interesting, eh Flossy?
Hilarious... Jeff Rubin was run out of the CIBC as their Chief Economist based on his total failed tenure at that position and Flossy's advice is to seek this idiot's advice... This is like asking a mortician for advice that you'd want from a Doctor
Mind you, this does make sense from a greentard.
Many of those people have been drawn by the promise of jobs that pay well. What’s been the impact of the oil boom on the province’s poor?
Percentage-wise Alberta has more working poor than other provinces. Where other provinces might see higher unemployment, Alberta has people who are working but still can’t make ends meet. There tends to be a lot of jobs here, but a lot of them are services jobs and don’t pay as well as people think.
Alberta has more ‘working poor,’ food bank executive director says - The Globe and Mail
Percentage-wise Alberta has more working poor than other provinces. Where other provinces might see higher unemployment, Alberta has people who are working but still can’t make ends meet. There tends to be a lot of jobs here, but a lot of them are services jobs and don’t pay as well as people think.
Alberta has more ‘working poor,’ food bank executive director says - The Globe and Mail
So basically, the performance of our existing economy is no different than it was under Chretien lol
“In terms of regional growth, I think it will look more like the 1990s . . . at least for the next few years,” Mr. Porter added.
“This is very bad for oil-rich provinces, but other provinces will actually benefit from the fact the Canadian dollar has been falling as energy prices have fallen, and they’re going to benefit from a stronger U.S. economy,” Mr. Alexander said.
“So, Ontario could be leading the country in terms of economic growth in 2015. And this will be the first time in 15 years that Ontario was at the actual top of the ranking,” he said, adding that “‘for the first time in many years, it’s going to actually feel like things are tough in Alberta.”
The shifting sands of Canada’s economy: ‘I think it will look more like the 1990s’ | Financial Post
“In terms of regional growth, I think it will look more like the 1990s . . . at least for the next few years,” Mr. Porter added.
“This is very bad for oil-rich provinces, but other provinces will actually benefit from the fact the Canadian dollar has been falling as energy prices have fallen, and they’re going to benefit from a stronger U.S. economy,” Mr. Alexander said.
“So, Ontario could be leading the country in terms of economic growth in 2015. And this will be the first time in 15 years that Ontario was at the actual top of the ranking,” he said, adding that “‘for the first time in many years, it’s going to actually feel like things are tough in Alberta.”
The shifting sands of Canada’s economy: ‘I think it will look more like the 1990s’ | Financial Post