Hurrah for prosperity

“Oil’s well” Egelton whooped about Alberta’s long-range economic outlook. “A gusher of activity in the energy sector has Alberta on a roll … fuelled by high prices and development of the oilsands.”

And he listed all the advantages of being Canada’s energy province when oil and gas is on a roll – the fastest growing population in the nation, the highest incomes in Canada and the lowest tax burden. Alberta’s hyped economy “accounts for a disproportionate amount of national activity,” the economist determined. Even though Albertans only amount to 10% of the national population, our jacked economy makes up one-seventh of all economic activity in Canada.