[ExiledFlamesFan]

Originally Posted by Slava

I know exiledflamesfan won't like this article, but it explains why lower prices aren't necessarily the end of the world for Alberta: http://www.bnn.ca/News/2014/12/05/En...e-Alberta.aspx

Lol. So your argument is "it's gonna be bad, but not catastrophic"
http://business.financialpost.com/20...ecision-today/

“Things were going pretty well until oil prices collapsed,” said Benjamin Reitzes, a senior economist at BMO Capital Markets in Toronto. The policy rate will remain frozen until October 2015, he said.
Oil sands deposits in Alberta are among the world’s most expensive to produce, and a quarter of such projects globally are at risk from falling prices, according to the International Energy Agency. Calgary-based Canadian Natural Resources Ltd., which has a capital budget of $8.6 billion for 2015, may cut investment if oil prices stay around $70 a barrel, President Steve Laut said in an interview last month.