A good read regarding the dangers of putting one's eggs in one economic basket
5 signs of trouble for Saskatchewan's economy in oil slump
Many said province could withstand economic blows from oil and gas, but there are troubling signs
When crude oil prices began to plummet, economists comforted Saskatchewan residents that their diversified economy would safeguard them during the oil and gas slump.
In fact, Saskatchewan's economy isn't that diverse.
The province relies heavily on natural resources: fuel, food and fertilizer.
And while economists were banking on the agriculture and potash industries to offset energy losses, they're no longer confident that will happen.
Read more here:
http://www.cbc.ca/news/canada/saskat...lump-1.3174772