What do you guys and girls think the long term impact will be? If the jobs come back where will people stay? Will this actually be a shot in the arm, ie injection of insurance money for job creation?
Interesting question. If the actual oilsands extraction operations go unscathed it may well be a "rebuild" sitation. Most of Fort McMurray is basically support for the the oil operations. Since a lot of ongoing or in-planning-stage expansion was shelved when the oil price crashed that says to me that if an existing operation was destroyed by fire it could be iffy whether or not the cost of rebuilding would be worth it. I guess that would be between the operator and their insurer.