This article describes the current state of the Alberta economy. It recognizes that the coal development proposals can contribute to the needed economic recovery.
Forgotten in the pre-occupation with the development risks are the valuable benefits of Alberta coal mining investments at a time when:
Alberta’s economic situation is weak at the moment because of:
The links to the other articles in this series are listed at the end of this article.
Alberta’s unemployment has been increasing due to the adverse economic conditions described above.
Alberta capital investment is currently near-record-low levels.
This chart shows capital investment in the Canadian upstream oil and gas industry centred mostly in Alberta.
This chart shows investments in Alberta housing, the oil and gas industry and all other industries.
Alberta government finances have deteriorated markedly because of:
What views do you have about the proposed coal mines and their contribution to the economy? Let us know in the comments below.