[GGG]

Originally Posted by Faust

Max Fawcett @maxfawcett
This is a pretty damning report of how Albertans have fared economically under the UCP. Spoiler alert: it hasn't been great. #ableg

https://twitter.com/maxfawcett/statu...889361409?s=21

The Alberta Advantage is melting away:

https://albertacentral.com/insights/...-melting-away/

This is an argument for the UCP if you believe that politicians control the economy. Essentially our housing is so cheap and wages so high that we have strong migration into Alberta which is preventing labour shortages from driviNg up wages.

So by any fair read this is what should be happening to an economy that is strong. It should attract migration which suppresses wages.

The source of the weaker wages and income growth will be explored in an upcoming report. However, preliminary findings suggest that the situation is the result of: 1) a strong migration to Alberta keeping the supply of workers higher than in other parts of the country, and 2) continued adjustment following the 2010s energy boom-bust cycle.

In reality macro economics dictates most of our economy and the government only affects the edges.