Its been said many times. You want to know what ails the oil industry here look no further than the Klein regime mid 1990s to 2005ish. Policy that encouraged a boom in the oil sands which temporarily made it look economic long term. Its simply not. Thats why there are piles of approved but unbuilt projects. We are now living thru the aftermath watching companies scale down and or leave the house party. It worked magic for Klein’s cronies. Its been an albatross since redford onwards. Not going to change with more federal money.
Alberta is left with a bloated population an infrastructure deficit insufficient public money to support health education and municipal costs etc....
The next political hero in Alberta will be the person who can solve this mess.
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