You can bet your ass there will be layoffs. Whether the oilpatch needs to or not, they are going to send a real message to the government.
I think this is a deplorable situation of which the victims will be individuals.
The government and the big oil companies are like two pigs with lipstick chomping at a trough. The government didn't do this cause they need infrastructure money... they got it. This was political. This was also to take control of the economy to a degree and prematurely cool it. The Oil companies are teflon... its not a lot of money to them, but its going to cost them anyway. They'll cut projects and staff and make damn sure that the province regrets this.
Way to go Stelmach.
|