petroleum investment

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If you asked a typical Canadian to name the best place for investing in the petroleum industry, they’d likely say Alberta. But ask a typical petroleum executive, and the answer is quite different.

In recent years, executives responding to the Fraser Institute’s annual Global Petroleum Survey have shied away from Alberta, a trend that began in 2009 when the province plummeted in terms of attractiveness for investment following introduction of the so-called New Royalty Framework.