alberta oil prices
But there is hope for industries other than oil.
Many customers are hoping to reclaim items when things turn around.
It was a year ago this week that the slide in oil prices began.
For those hoping that the recent run-up in oil prices means the end of Western Canada’s economic pain, the International
Cheap oil will have a noticeable impact on the province's economy, BMO's economist warns. And it might push Alberta in a recession, too.
Even if oil rebounds, the province could still face a structural deficit in the range of $4 billion to $5 billion in a few years
Many buyers are taking a wait and see attitude when it comes to their real estate purchases in Alberta with the last market failure fresh in their minds. Based on historical data and the opinions of the top analysts, it might be much less painful than many anticipate.
But the drop in the commodity price is affecting those outside the sector, who rely on resource revenues to help fund new
A report from the Fraser Institute says it didn't have to be this way.