In a recent interview with the Calgary Herald, Alberta Central Chief Economist Charles St-Arnaud spoke about how the price of oil continues to have a significant impact on Alberta’s economy.
He noted that with prices for West Texas Intermediate (WTI) crude closing at nearly $6-a-barrel below the goal of $79 a barrel, this can alter provincial revenues by as much as $630 million.
There’s not a lot of margin to manoeuvre,” Alberta Central chief economist Charles St-Arnaud said Monday.
Further media coverage quoted St-Arnaud on the economy and the latest interest rate hikes from the Bank of Canada and retail numbers, including online coverage in InsideHeadline.com and FreshSociety.info.
Click on the links above to read more!