One example of how Alberta could pivot is to exploit lithium deposits...
http://ags.aer.ca/lithium
Lithium can be found in oil wastewater...
http://www.jwnenergy.com/article/201...ds-wastewater/
http://business.financialpost.com/ne...-tonne-lithium
Assuming ALL the deposits are exploited and the price of lithium per tonne stays at $10k USD.
There is about $3.7B worth of value in oil wastewater. Obviously this is not the real value, but its thought provoking.