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  #1  
Old Posted Dec 27, 2011, 3:52 PM
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Alberta poised to lead Canadian economy

Alberta poised to lead Canadian economy


December 27, 2011

By Tamara Gignac



Read More: http://www.calgaryherald.com/busines...megadrop_story

Quote:
Albertans know all about the B-word: boom. For much of the past decade the economic pace was blistering, led by massive projects in the oilsands. The result was scores of high-paying jobs, a red hot real estate market and an influx of thousands of new migrants. The party was good while it lasted. But in 2008, Albertans were blindsided by another B-word: bust. A collapse in energy prices, the result of the U.S. financial crisis, took the steam out of Alberta’s once-buoyant economy.

- But after sputtering for much of the last three years, Alberta appears poised to regain its position as Canada’s economic juggernaut. All signs suggest prosperity is sweeping the province. Unemployment is low, cash registers are ringing and the energy sector is once again on a hiring spree. It begs the question: is Alberta headed for another overheated economy? Economists are certainly bullish when it comes to the province’s prospects. The Royal Bank of Canada predicts that Alberta’s rate of growth — four per cent this year and 3.9 per cent in 2012 — will outpace all provinces except Saskatchewan.

- “Oilsands megaprojects will continue to generate tremendous economic activity and will be a boon to Alberta’s economy for years to come,” says RBC chief economist Craig Wright. “The boom entirely emanates from the private sector — the source of an astounding 116,000 new jobs this year,” Wright said. Improved employment prospects have translated into a record quarter for Sharlene Massie’s local recruiting firm, About Staffing. Alberta is bucking the national trend, a welcome relief from the hiring freezes of recent years. As long as there’s continued growth in oilsands production and Alberta’s unemployment rate holds steady at about five per cent, the good times should continue, Massie says.

- A report this year warned that a looming labour shortage is the Achilles heel of the provincial economy and that industry should brace for a chronic scarcity of workers in the years ahead. It comes as Calgary’s oilpatch, and the rest of the natural resources sector, is set to lead the nation with the highest projected salary increases in the year ahead. But boom or bust, Alberta’s shifting demographics will probably require a new approach to labour issues in the coming years, suggests Calgary Chamber of Commerce CEO Adam Legge. The province has repeatedly looked to the federal government to change immigration policies so Alberta can hire the workers it needs.

- “The Bank of Canada will want to keep an eye on Alberta because we will have stronger inflation in our economy than the rest of Canada.” A heated labour market is only one indicator of Alberta’s changing economic fortunes. Figures from Statistics Canada show a three per cent increase in retail sales in October compared with the month before — the largest increase in Canada. It comes as more Albertans purchase new vehicles, electronics and clothing — a welcome prospect for local retailers, who saw cash register receipts dwindle during the recession. Discretionary spending is on the rise in the province.

.....



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  #2  
Old Posted Dec 27, 2011, 8:31 PM
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The Harper Government pulling out of the Kyoto Protocol is going to help Alberta's economy tremendously.

At the expense of the environment, of course.
     
     
  #3  
Old Posted Dec 27, 2011, 8:48 PM
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Be careful when mentioning the environment around Canada's Texas.
     
     
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Old Posted Dec 27, 2011, 9:03 PM
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Be careful when mentioning the environment around Canada's Texas.
Says someone from Canada's Appalachia
     
     
  #5  
Old Posted Dec 28, 2011, 4:13 AM
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Says someone from Canada's Appalachia
I haven't a cookie for you.
     
     
  #6  
Old Posted Dec 28, 2011, 4:31 AM
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Why is this so contentious? The west has been booming ever since the nation was formed! Even before that. Much like the states, our country grew and prospered out of western expansion. And what's wrong with that?
     
     
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Old Posted Dec 28, 2011, 1:47 AM
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Be careful when mentioning the environment around Canada's Texas.
Really?
     
     
  #8  
Old Posted Dec 27, 2011, 9:02 PM
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Originally Posted by manny_santos View Post
The Harper Government pulling out of the Kyoto Protocol is going to help Alberta's economy tremendously.

At the expense of the environment, of course.
Not really. The Kyoto Accord was imaginary. Not a single signatory had a credible plan to comply. High oil prices are moving these projects forward. Nothing else.
     
     
  #9  
Old Posted Dec 27, 2011, 9:05 PM
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High oil prices are moving these projects forward. Nothing else.
Yup.

This would be happening with or without participation in Kyoto.
     
     
  #10  
Old Posted Dec 28, 2011, 3:07 AM
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Yup.

This would be happening with or without participation in Kyoto.
Obviously I enjoy the prices out here in ontario.
     
     
  #11  
Old Posted Dec 27, 2011, 8:50 PM
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Oh for fuck's sake, Alberta is not akin to Texas. As for the article, that is a big shocker (sarcasm).
     
     
  #12  
Old Posted Dec 28, 2011, 4:38 AM
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Oh for fuck's sake, Alberta is not akin to Texas. As for the article, that is a big shocker (sarcasm).
Alberta is not akin to Texas? Sure. Whatever you say: except when comparing oil economies, except when comparing the shared disregard for the environment and climate science, except when comparing a retardation in acceptance of secular driven social norms, the religious intolerance, the parallel political spectrums, the polyurban mess of urban sprawl, and this list goes on ...

And ironically, Alberta and Texas are further comparable in terms of the desertification each is experiencing with climate change...

SO. Perhaps the CBC should start a new reality tv show: Alberta's Forest Fires. It's guaranteed to be 'in production' each year, pending the complete depletion of Alberta's forests.

I'm hoping for at least a 10 season run.
     
     
  #13  
Old Posted Dec 28, 2011, 6:14 AM
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Alberta is not akin to Texas? Sure. Whatever you say: except when comparing oil economies, except when comparing the shared disregard for the environment and climate science, except when comparing a retardation in acceptance of secular driven social norms, the religious intolerance, the parallel political spectrums, the polyurban mess of urban sprawl, and this list goes on ...

I guess that explains why Calgary has a Muslim mayor, Edmonton has a Jewish mayor, and the Premier is a woman.
     
     
  #14  
Old Posted Dec 28, 2011, 8:01 PM
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I guess that explains why Calgary has a Muslim mayor, Edmonton has a Jewish mayor, and the Premier is a woman.
And for that matter, Dallas has a black mayor and Houston has a lesbian mayor. Maybe Alberta is Canada's Texas!
     
     
  #15  
Old Posted Dec 28, 2011, 10:27 PM
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And for that matter, Dallas has a black mayor and Houston has a lesbian mayor. Maybe Alberta is Canada's Texas!
Texas isn't even Texas. It is a very large, very diverse and rapidly changing state. Texas is the new California.
     
     
  #16  
Old Posted Dec 28, 2011, 6:48 AM
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Originally Posted by RyeJay View Post
Alberta is not akin to Texas? Sure. Whatever you say: except when comparing oil economies, except when comparing the shared disregard for the environment and climate science, except when comparing a retardation in acceptance of secular driven social norms, the religious intolerance, the parallel political spectrums, the polyurban mess of urban sprawl, and this list goes on ...

And ironically, Alberta and Texas are further comparable in terms of the desertification each is experiencing with climate change...

SO. Perhaps the CBC should start a new reality tv show: Alberta's Forest Fires. It's guaranteed to be 'in production' each year, pending the complete depletion of Alberta's forests.

I'm hoping for at least a 10 season run.
What the hell?

Yeah, both have a large oil industry, but I think that's mostly where the comparisons end.

Disregard for the environment and climate science? What the fuck? Do you know about the great environmental programmes underway in the oil industry that make it some of the cleanest oil production in the world? Or how about strong investment in recent years towards transit in both Calgary and Edmonton? Saying Alberta disregards the environment is like saying B.C. is the same because of its lumber industry, or Ontario because of its manufacturing base, or Quebec because of its asbestos stuff, or the Territories because of their mineral extraction. Everywhere has a dirty industry, its just people like to point at Alberta and forget about the problems in their own backyard. I dunno what that secular comment is about.

Religious intolerance? Seriously? Have you even been to Alberta? You sound extremely uninformed about this province. Like Jets4Life said, I guess that's why our two largest cities have mayors of minority religion, not to mention a female premier, great mosques, etc. I tell you, it's sad that political figures such as Mandel, Redford, and Nenshi have to come to the forefront for ignorant Eastern Canadians to realize Alberta isn't full of closed minded racists and is actually a very diverse and welcoming province, just like pretty much everywhere in Canada. I highly recommend you read this, while not specifically about religion, it is about how ignorant people outside Alberta can be about how welcoming this province really is.

Parallel political spectrums? What the hell? Do you know that political spectrums aren't necessarily the same for every country? Yes, Alberta is infamously Canada's most conservative province overall, but Canada conservatives and American conservatives are two completely different beasts. Look at Premier Redford, for example, who is PC, and some of her policies. Alberta still supports liberal and socialist ideals such as universal health care, legalized marijuana, atheism and acceptance of non-Western religions, public transit, etc. Try to find that in a Republican. I'm not denying there are some racists in Alberta, but racists are everywhere, be it Ottawa or Odessa.

Mess of urban sprawl? Yeah, Albertan cities are sprawly, I'll give you that. But what do you expect when the oldest buildings in the province are only from the 1880s? Edmonton, for example, existed as Fort Edmonton since 1795, however, it was a small settlement and nothing but replicas exist of that era today. But the sprawl patterns are completely different. Look at newer sprawl in Houston and compare it to Calgary. Calgary boasts the densest new suburbs in North America, and Edmonton isn't far behind if I recall correctly. Calgarian suburbs are also met with strong public transit connections, with nearly all quadrants of the city with C-Train access. Edmonton, while behind in this regard, is catching up somewhat. Not to mention Alberta's sprawl isn't as endless and also has a fair bit of denser developments, such as mid rise and high rise condominiums. The older parts of Edmonton and Calgary are also more intact. There's less abandonment and no downtown ring roads cutting off either Calgary or Edmonton's downtown from its surroundings. In Houston people complain about the lack of street activity due to the massive underground network, while in Calgary people boast about how bustling Stephen Ave is nowadays. For urban nabes and commercial streets, I've yet to see anything in Houston or Dallas that looks like Whyte Ave in Edmonton, or 17 Ave, Kensington, or Atlantic Ave in Calgary. The only thing like that in Texas that comes to mind is Austin around the UofT (keep in mind I'm not referring to areas inside the city centre, such as the various mini neighbourhoods in Austin Downtown). And Austin is probably the least "Texas" of the four largest Texan cities.

The whole point of my comment is that Alberta isn't Canada's version of anything. I also dislike U.S. to Canada city comparisons, like how Toronto is Canada's NYC or Vancouver is Canada's SF or Montreal is Canada's Boston. No, all of this is untrue. Canada is its own country, a unique place with its own culture. There is no place like Alberta, nor is there any place like Texas. Despite cultural similarities between the U.S. and Canada, both countries are their own uniqueness. Period.
     
     
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Old Posted Dec 28, 2011, 9:41 PM
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Originally Posted by ue View Post
What the hell?

Yeah, both have a large oil industry, but I think that's mostly where the comparisons end.

Disregard for the environment and climate science? What the fuck? Do you know about the great environmental programmes underway in the oil industry that make it some of the cleanest oil production in the world? Or how about strong investment in recent years towards transit in both Calgary and Edmonton? Saying Alberta disregards the environment is like saying B.C. is the same because of its lumber industry, or Ontario because of its manufacturing base, or Quebec because of its asbestos stuff, or the Territories because of their mineral extraction. Everywhere has a dirty industry, its just people like to point at Alberta and forget about the problems in their own backyard. I dunno what that secular comment is about.

Religious intolerance? Seriously? Have you even been to Alberta? You sound extremely uninformed about this province. Like Jets4Life said, I guess that's why our two largest cities have mayors of minority religion, not to mention a female premier, great mosques, etc. I tell you, it's sad that political figures such as Mandel, Redford, and Nenshi have to come to the forefront for ignorant Eastern Canadians to realize Alberta isn't full of closed minded racists and is actually a very diverse and welcoming province, just like pretty much everywhere in Canada. I highly recommend you read this, while not specifically about religion, it is about how ignorant people outside Alberta can be about how welcoming this province really is.

Parallel political spectrums? What the hell? Do you know that political spectrums aren't necessarily the same for every country? Yes, Alberta is infamously Canada's most conservative province overall, but Canada conservatives and American conservatives are two completely different beasts. Look at Premier Redford, for example, who is PC, and some of her policies. Alberta still supports liberal and socialist ideals such as universal health care, legalized marijuana, atheism and acceptance of non-Western religions, public transit, etc. Try to find that in a Republican. I'm not denying there are some racists in Alberta, but racists are everywhere, be it Ottawa or Odessa.

Mess of urban sprawl? Yeah, Albertan cities are sprawly, I'll give you that. But what do you expect when the oldest buildings in the province are only from the 1880s? Edmonton, for example, existed as Fort Edmonton since 1795, however, it was a small settlement and nothing but replicas exist of that era today. But the sprawl patterns are completely different. Look at newer sprawl in Houston and compare it to Calgary. Calgary boasts the densest new suburbs in North America, and Edmonton isn't far behind if I recall correctly. Calgarian suburbs are also met with strong public transit connections, with nearly all quadrants of the city with C-Train access. Edmonton, while behind in this regard, is catching up somewhat. Not to mention Alberta's sprawl isn't as endless and also has a fair bit of denser developments, such as mid rise and high rise condominiums. The older parts of Edmonton and Calgary are also more intact. There's less abandonment and no downtown ring roads cutting off either Calgary or Edmonton's downtown from its surroundings. In Houston people complain about the lack of street activity due to the massive underground network, while in Calgary people boast about how bustling Stephen Ave is nowadays. For urban nabes and commercial streets, I've yet to see anything in Houston or Dallas that looks like Whyte Ave in Edmonton, or 17 Ave, Kensington, or Atlantic Ave in Calgary. The only thing like that in Texas that comes to mind is Austin around the UofT (keep in mind I'm not referring to areas inside the city centre, such as the various mini neighbourhoods in Austin Downtown). And Austin is probably the least "Texas" of the four largest Texan cities.

The whole point of my comment is that Alberta isn't Canada's version of anything. I also dislike U.S. to Canada city comparisons, like how Toronto is Canada's NYC or Vancouver is Canada's SF or Montreal is Canada's Boston. No, all of this is untrue. Canada is its own country, a unique place with its own culture. There is no place like Alberta, nor is there any place like Texas. Despite cultural similarities between the U.S. and Canada, both countries are their own uniqueness. Period.
My, my you're defensive. You have a poor understanding of metaphors. You seem offended, as though I've spoken literally. I would have simply said "Alberta is Texas" if that were the case...

Putting your 'period' after large oil industry comparisons, in contradiction to your claim of it being the sole similarity, is not reality...otherwise you would not have gone into that long rant ...ya know, to 'clear things up'.
I love when the truth sparks a frantic response, such as your own. This proves my point.

Because when it comes to the environment, there is a strong underlying sense of guilt I see in educated Albertans.

So let the insecure throw their single-sentence accusations that critics of Alberta are ignorant and stupid. Throwing insults won't stop that background sting you're feeling...
     
     
  #18  
Old Posted Dec 28, 2011, 9:59 PM
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My, my you're defensive. You have a poor understanding of metaphors. You seem offended, as though I've spoken literally. I would have simply said "Alberta is Texas" if that were the case...

So basically if someone used the metaphor "RyeJay is LIKE a moron" that would be totally cool, cause they didn't say "is"
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  #19  
Old Posted Dec 29, 2011, 1:32 AM
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Originally Posted by RyeJay View Post
Alberta is not akin to Texas? Sure. Whatever you say: except when comparing oil economies, except when comparing the shared disregard for the environment and climate science, except when comparing a retardation in acceptance of secular driven social norms, the religious intolerance, the parallel political spectrums, the polyurban mess of urban sprawl, and this list goes on ...

And ironically, Alberta and Texas are further comparable in terms of the desertification each is experiencing with climate change...

SO. Perhaps the CBC should start a new reality tv show: Alberta's Forest Fires. It's guaranteed to be 'in production' each year, pending the complete depletion of Alberta's forests.

I'm hoping for at least a 10 season run.
You sound like a very uneducated person who knows nothing about Alberta. Religious intolerance? The largest Mosque in Canada is in Calgary. Alberta is not all fat white oil barons bathing in crude oil and eating children ffs..

Let me guess, you have never been out west, never mind Alberta. You sound exactly like the idiot trolls who frequent the CBC comment sections on any article related to Alberta or the west. Blaming the chinook winds on the oil sands or some stupid shit...lol.

Last edited by ZeDgE; Dec 29, 2011 at 1:49 AM.
     
     
  #20  
Old Posted Dec 29, 2011, 2:28 AM
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I'm convinced just reading RyeJay's comments that he - most likely has never stepped foot out of his tiny little world wherever it may be. His comments exude a very narrow mentality. He comes across as the type of person who grasps at fleeting notions just to seem like he's taking some sort of altruistic stance on topics he knows virtually nothing about. Again, I'll say he appears this way from his posts in this thread, perhaps he just has trouble communicating on forums, and his intelligence only truely is apparent when you have a one on one with him in person.
     
     
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