View Single Post
Old 03-14-2019, 04:43 PM   #2690
oilyfan
Powerplay Quarterback
 
oilyfan's Avatar
 
Join Date: Dec 2009
Location: SE Calgary
Exp:
Default

Quote:
Originally Posted by Muta View Post
Did it go down? If so, it still isn't enough.

Also, if O+G is so lucrative, why is the NDP / Calgary Economic Development trying to divest now? Why wasn't this done years ago? Edmonton is booming relative to Calgary right now and it's because they've got a more diversified business portfolio than Calgary does.
Edmonton is booming? With the 3rd worst unemployment in the country, oh man.
Edmonton is surviving on the back of government spending, upwards of 150,000 people in the Edmonton region are employed by the government, government agencies and AHS. No meaningful cuts were made in these sectors during the downturn, otherwise, the results would have been dramatically different. But a more diversified business portfolio, lol.
__________________
"In theory, there is no difference between theory and practice. But in practice, there is" — Jan Van De Snepscheu
oilyfan is offline   Reply With Quote
The Following User Says Thank You to oilyfan For This Useful Post: