Design Engineering

Saving for a rainy day: Alberta faces short and long term financial challenges, despite its oil wealth

February 25, 2013   Staff

Budgeting the future on one product or resource is never, respectively, a sound business or economic policy. That appears to be happening in the province of Alberta, where the government has been budgeting based – and betting – heavily on the oil and gas sector without saving for a rainy day.

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