Neil (nt) wrote,
Neil
nt

Fun facts about Alberta

Alberta is now the only province in Canada that is debt-free.

The Athabasca Oil Sands Deposit is the largest petroleum resource in the world (1.6 trillion barrels, 315 billion recoverable with current technology).

[These two facts are not unrelated. The Alberta government is heavily dependent on oil & gas revenues, and from 1982 - 1992 ran huge deficits while oil prices were low. The recent strength in oil prices, combined with the fiscal discipline of Klein's government, have enabled us to pay off our debts.]
Subscribe

  • (no subject)

    In Calgary, Exploring the Cultural Side of ‘Cowtown’ (link is to The New York Times) Pretty good article, although I've never seen Calgarians…

  • Broken trees

    A few examples of trees broken by the accumulation of snow, as mentioned in my last post. The snow is gone, but the damage remains.

  • (no subject)

    I drove around town today and was shocked at the number of trees that had been damaged by the heavy snowfall earlier in the week. It's too early in…

  • Post a new comment

    Error

    Anonymous comments are disabled in this journal

    default userpic
  • 6 comments