Alberta heading for recession?

Analysis from the Conference Board of Canada suggests that Alberta could suffer greater impact from the declining oil prices than a ‘slowdown’.

Alberta heading for recession?
Analysis from the Conference Board of Canada suggests that Alberta could suffer greater impact from the declining oil prices than a ‘slowdown’. The research organization says that the province could slip into recession. Lower energy sector investment leading to a weaker labor market, cuts in consumer spending and decline in the property market could all result from the drop in oil prices.

 

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