Quote:
Originally Posted by Wild&Free
most other commodities are very low now, and free trade has seen a lot of Canada's manufacturing sent away.
it's not all doom and gloom, but Nelson see's a lot of tourist income from AB. I'm one of them, and a lot of the guys in the fishing forum are too.
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Agreed, but many other commodities will rebound as the low oil price stimulates world manufacturing and a global improvement in consumer spending helps stabilize economic growth generally. China will benefit tremendously from low oil prices and this will in return stimulate other commodity pricing.
IMO the market will adjust in a positive direction and Alberta/Albertans will benefit in part by that adjustment.