Alberta’s oil competitors have fewer barriers to investment – Fraser Forum

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Alberta’s oil competitors have fewer barriers to investment – Fraser Forum

by ahnationtalk on January 22, 2016247 Views

January 21, 2016

The oil boom in Alberta contributed to considerable prosperity for both Albertans and those from outside the province who offered services to the oil sector and its employees, as well as those who found employment related to the boom.

But low oil prices are taking their toll on the many families whose incomes derive from the success of Alberta’s oil industry. The realities of the hardships are all too real when reading through a recent sobering Maclean’s article.

While the Alberta government can’t control the price of oil, it can control its policy environment, and recent policy changes in the province are causing a decline in investor confidence, something that was also alluded to in the Maclean’s article.

Read More: http://www.fraserinstitute.org/blogs/alberta-s-oil-competitors-have-fewer-barriers-to-investment

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