Alberta can't avoid a recession this year: report
While oil prices seem to have stabilized, Alberta's economy has not and a new report by the Conference Board of Canada expects our it will shrink by 0.7 percent this year. In it's spring provincial outlook the board says Alberta's economic performance will be underwhelming this year and next, especially compared with recent years. Growth is expected to resume next year, by 1.1 percent as things improve in the oil sector. The steep reductions in oil-patch investments have resulted in major job...