Canada: Investor Confidence in Alberta Industry Declining

Posted December 4, 2015 at 5:19am

The Calgary Sun reports that “low energy prices aren’t the only struggles facing Alberta’s oil industry.”  

“…The Fraser Institute’s ninth survey of the world’s petroleum industry suggests policy from Alberta’s NDP government is causing investors to lose confidence in the province’s oil and gas industry.”  

“’Since the 2015 provincial election in Alberta, the new government has implemented a number of oil and gas sector policies that may deter investment and hinder the economy’ said institute spokesman Kenneth Green.”