View Single Post
Old 10-25-2017, 10:12 AM   #3691
CorbeauNoir
Crash and Bang Winger
 
Join Date: Apr 2014
Exp:
Default

Quote:
Originally Posted by NiklasSundblad View Post
Calgary is forecast to have the fastest growing economy int he country next year. http://www.cbc.ca/news/canada/calgar...2017-1.4358400
The article itself lowkey admits that the growth is unsustainable long-term with oil prices being what they are. There isn't enough profitability in it to warrant businesses wanting to return and deal with the multiple layers of hostile bureaucracy now heaped onto them, and even if prices rebound the endless cockblocking of pipeline infrastructure from all directions makes it increasingly difficult and unreliable to get the product to market. No company is going to want to deal with the potential PR disaster that ever-aging delivery methods offer.

Bouncing off rock-bottom is going to make for a nice-looking percentage in the immediate aftermath but nothing about it should be used as evidence of a positive long-term outlook.
CorbeauNoir is offline