Alberta Floods

Alberta economy will shrink by 1.5%, says conference board

It's a boom-bust economy in Alberta and the Conference Board of Canada says the current bust will last for two years, maybe longer. After years of what it called spectacular growth, the board is forecasting Alberta's economy will shrink by 1.5 per cent this year. Chief economist Glen Hodgson told a business audience this morning in Calgary that slumping oil prices will mean tough times in Albert…

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