The historical record suggests that sharp declines in oil prices are followed by substantial price recovery.
oil and gas
Août 4, 2016
3:00AM
If a carbon tax is implemented, it will likely be on top of the extensive regulation Canadians already face.
Juillet 27, 2016
1:01PM
Enbridge won the support of the majority of aboriginal groups along the path of the pipeline.
Juin 27, 2016
3:00AM
The value of Canada’s total oil output is just under five per cent of GDP.
Juin 21, 2016
10:18AM
The Notley government is spinning like mad to distance itself from some painful numbers.
Juin 7, 2016
3:00AM
As oil royalties have fallen, Albertans have endured multiple tax hikes and a S&P downgrade.
Juin 6, 2016
8:56AM
The new tax scheme will cost a family of four about $338 extra in 2017.
Avril 20, 2016
3:00AM
Since taking office, Alberta Premier Rachel Notley has been very aggressive on the climate file. Attempting to remedy what she portrayed as a history of environmental negligence by her predecessors , the premier swiftly increased and expanded Alberta’s carbon tax, placed a hard cap on carbon dioxide emissions, set stiff targets for reducing methane emissions, declared an accelerated phase-out of coal power generation, and promised to replace much of that power with costlier wind or solar power generation.
Avril 18, 2016
12:00PM
The province has run an operating deficit in all but one year since 2008/09—even when oil prices exceeded $90 per barrel.
Avril 14, 2016
3:30PM
There are 175 collective bargaining agreements with public-sector employees coming up for negotiation in the near future.