Not really, if it was a world recession no one would blink an eye, rather just understand the situation, most wouldn't blame the govt for supporting capitalism, well we have in effect, an oil recession, same thing, over the long haul it will create more jobs than it will shed.I copy pasta'd the whole thing and then edited out some headings but that one paragraph must've come out as well.
Still doesn't change the fact that betting on oil severely ****ed up our economy.
If Alberta is hurting you can imagine what the rest of the country is going through.
Layoffs at Alberta Innovates, dropping oil prices to blame
http://www.cbc.ca/m/news/canada/edm...ovates-dropping-oil-prices-to-blame-1.2982356
last night's CBC National had a long segment covering the hit Estevan is taking --- Businesses in Estevan, Sask., reeling from oil price collapse