Tag: Alberta’s economy

Fiscal update shows province has revenue problem, not a spending problem Edmonton – Alberta’s fiscal update shows a government disconnected from the economy it’s supposed to manage says the Alberta […]

A $2.4 billion drop in resource revenue has put Alberta on pace for a deficit of between $3.5- and $4 billion — one of the highest deficits in history, Finance […]

A $2.4 billion drop in resource revenue has put Alberta on pace for a deficit of between $3.5- and $4 billion — one of the highest deficits in history, Finance […]

The Redford government’s promise to keep building Alberta despite budget woes and bitumen bubbles could lead the province to embrace alternative financing to pay for high-priority construction projects. Premier Alison […]

CALGARY – A research paper is reinforcing the idea that Canada’s resource industry is at risk of being left behind internationally if it doesn’t find a way to get oil […]

According to experts inside Alberta Energy, it’s much more profitable to refine more of our oil before we ship it. Both the Alberta and federal governments are now pointing to […]

With all the discussion recently over the lack of so-called value-added jobs, one might wonder why that debate is confined to one sector of the economy. For example, in 2010-2011, […]

CALGARY — Premier Alison Redford was ready to declare the inaugural Alberta economic summit a success Saturday even without a consensus from the prominent Albertans who spent the day hashing […]

CALGARY – Premier Alison Redford’s first economic summit primed Albertans for a consumption tax, foreshadowed coming service cuts and reiterated the need to access new markets for oilsands products. Virtually […]

With academics and everyone but the Tories themselves realizing that the government is too dependent on energy royalties, it was obvious Saturday’s economic summit was little more than a feel-good […]

CALGARY – Alberta Premier Alison Redford says a sales tax isn’t on the agenda, even though many of the panellists at an economic summit that her government convened Saturday said […]

Federation president to set the record straight on bitumen glut Edmonton – AFL president Gil McGowan will be tackling Alberta’s revenue problem this Saturday at the Alberta Economic Summit. The […]

2013 Fact Sheet_Revenue, spending and public sector wages

Alberta’s current financial woes may offer a silver lining, says the Alberta Federation of Labour. Two weeks after Premier Alison Redford warned the province that resource royalties were expected to […]

CALGARY – The inability to get western Canadian crude to the right markets is costing the country’s economy dearly, according to a new report paid for by the Saskatchewan government. […]

Secret Government Documents Show Bitumen Price Differential Makes Upgrading Highly Profitable

CALGARY – A research paper is reinforcing the idea that Canada’s resource industry is at risk of being left behind internationally if it doesn’t find a way to get oil […]

EDMONTON – The Alberta Federation of Labour says the discounted price Alberta bitumen is fetching of the world market could provide an opportunity for more upgrading and additional jobs in […]

AFL to release Government of Alberta analysis of bitumen economy Edmonton – Secret government documents that show upgrading is economically viable will be released by the Alberta Federation of Labour […]

Wants province to invest in oilsands refining capacity CALGARY – The Alberta Federation of Labour called Wednesday for the province to burst the so-called “bitumen bubble” by creating a Crown […]

The time is right for Alberta to profit from bitumen’s low price by processing more of it at home, say the province’s unionists. The so-called bitumen bubble makes it economically […]

Alberta Federation of Labour says it’s time for a new bitumen upgrader The Alberta Federation of Labour says with the current sagging oil prices, this is the time for the […]

The premier’s claim that Alberta’s financial woes are because of a bitumen bubble is being challenged by a provincial labour group. The bitumen bubble refers to the growing gap between […]

When Premier Alison Redford talks about “a bitumen bubble,” she’s referring to the record amount of Alberta bitumen for sale, and the low price it’s fetching in the U.S. these […]