Federal Bill C-69 has made the regulatory system for new energy development more complex, uncertain and subjective.
Sixty-five per cent of respondents for Alberta were deterred by the high cost of regulatory compliance.
Texas has no state-level personal or corporate income tax.
Vancouver’s growing housing costs are outstripping income increases in the city.
The Alberta government can't control the price of oil, but it can control its policy environment, and recent policy changes have caused a decline in investor confidence.
Alberta and Texas have always had a lot in common. Ranching in the 19th century. A can-do entrepreneurial approach to oil and gas in the 20th century. And in the 21st century they are still somewhat similar.
Alberta’s decades long economic success is a result of resource wealth, relatively sound public policies and a growing skilled labour force. Compared to other energy-producing jurisdictions such as Alaska, North Dakota, Saskatchewan, Texas, and Wyoming, Alberta does well economically but there are areas of concern, which if ignored, may affect the province’s long-term prosperity.