Originally posted by Hamloc
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Second. In 2014 the investment in oil and gas in Alberta was 60.6 billion. It dropped to 27 billion in 2016. Comparatively, in Saskatchewan it went from 6.7 billion in 14 to 3.5 billion in 16. In percentages, the drop in Alberta was 45%. In Saskatchewan it was 52%. Seems strange that the % drop is higher under the Sask Party than under the NDP. Unless the drop has less to do with what party is in government and more to do with the drop in oil prices.
Third, Brad Wall has made numerous pitches for oil companies to move to Saskatchewan, offering all kinds of tax incentives and inducements. Do you know how many oil companies moved from Alberta to Saskatchewan? As of July 1, 17 zero, none, niltch! Apparently they would rather sit and bitch about the government than actually move. Yes, companies have downsized, and have even gone broke, but that happened in both provinces and again had more to do with the price crash of oil than government.
Fourth. Investment is picking up in both provinces. Outlook for Saskatchewan is an increase of 2.6 billion in investment in 17 over 16. In Alberta the forecast is for 4.1 billion more investment in 17 than in 16. If the business climate is so bad in Alberta you would think the increase in investment would have been higher in Saskatchewan than Alberta but not so.
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