Wednesday, April 06, 2011

Alberta Hitting Stride

"After being particularly affected by the recession and late to the recovery, the Alberta economy is once again hitting its stride with “robust crude oil prices” and an increase in drilling activity, says a report by TD Economics." Calgary Herald

I think we are. It is a long, dark walk out of the recession though. Will the next 'boom times' be sweet enough to erase and make us forget the sourness of the down-times? Probably not, and that is a good thing.

The growth ahead seems to be much more steady than the big spikes of 2006 and 2007. I also think this growth period will stretch out much further too - leading into a bigger, more diversified province.

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