An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Suncor to start the process of resuming its idled northern #Alberta #oilsands operations as early as Monday : https://t.co/QawX6D1OJm— Virtus Galaxia (@vg_oilandgas) May 21, 2016
Suncor to start the process of resuming its idled northern #Alberta #oilsands operations as early as Monday : https://t.co/QawX6D1OJm
FWIW report from October 2015, when oil price was lower:http://business.financialpost.com/news/energy/oilsands-boom-dries-up-in-alberta-taking-thousands-of-jobs-with-itThat transient population has little or no connection to the city when working. When laid off, they become unemployment statistics, not in Alberta, but in the provinces of their hometowns. It’s also in those regions, more than Alberta, where the loss of once-large paycheques is most felt, having a ripple effect across the country.
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