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Tag: albertas
Alberta's Possible Pivot to the Left Alarms Canadian Oil Sector
2015-05-05 15:07:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Canada's oil-rich province of Alberta is on the cusp of electing a left-wing government that can make life harder for the energy industry with its plans to raise taxes, end support for key pipeline projects and seek a bigger cut of oil revenues. Polls suggest Tuesday's election is set to end the Conservative's 44-year reign in the province that boasts the world's third-largest proven oil reserves and now faces recession because of the slide in crude prices. Surveys have proven wrong in Canadian...
Tags: left
oil
sector
canadian
Revealed: Alberta's Ploy to Break First Nations' Pipeline Opposition
2015-04-30 15:28:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The Alberta government escalated its campaign to build tar sands pipelines under Premier Jim Prentice by seeking to have First Nations become full-blown proponents of the projects in return for oil revenues. Documents obtained by the Guardian show that under a proposed agreement the province would have funded a task force of Alberta First Nations and government officials to work jointly on removing bottlenecks and enabling the construction of pipelines to tide-water in the east and west coasts....
Tags: break
revealed
nations
opposition
Spring will demonstrate impact of oil price on Alberta's real estate: expert
2015-02-12 05:19:26| Energy - Topix.net
Royal LePage says home sales in the spring real estate market will be the first indication of how lower oil prices have affected home sales in Western Canada. Chief executive Phil Soper told the Economic Club of Canada on Wednesday that job losses in the oil patch could lead to a "significant and extended downturn" in Alberta's real estate sector.
Tags: price
real
estate
impact
Alberta's real estate woes threaten the rest of the country
2015-02-02 00:48:38| Real Estate - Topix.net
The "soft landing" that Bank of Canada Governor Stephen Poloz still predicts for the housing market conjures up thoughts of powdery snow and fluffy pillows. Alberta's real estate market appears to be in the early stages of a correction as the falling price of crude ripples through the province's economy.
Canada: Layoffs loom in Albertas oil patch
2015-01-03 06:41:00| Climate Ark Climate Change & Global Warming Newsfeed
Financial Post: It`s been years since David Yager has seen multiple For Sale and For Rent signs in Fort McMurray, the northern Alberta city that is usually crawling with workers from across Canada looking to make a buck in the oilsands boomtown. In times when the provinces unemployment rate plunged below 4%, workers paid exorbitant rents to live in Fort McMurray garages. In late December of this year, amid predictions of a spike in the provinces unemployment rate, bachelor suites in Fort Mac were being...