Post stories tagged with Boom-and-bust Cycle

Hot economy, lukewarm wages

True to Alberta's labour history, workers continue to be undervalued in spite of the boom
During the last two decades of the 20th century, worker productivity doubled. Meanwhile people have seen their real wages stagnate or decline in real terms since the mid-70s. A Canada-wide study, The Rich and the Rest of Us: The Changing Face of Canada's Growing Gap, examined Canadian incomes over the past three decades. It found that everyone except the upper 10 per cent of the population has been working longer hours while most of the economic gains have gone to this top group. The lowest half of the population showed a drop in their share of total income.

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What’s next for Alberta?

Life after the oil boom
The oil will be gone. That isn't supposition—it's fact. But what will happen to Alberta when the oil is gone?

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A Calgary hot tub story

Reflecting on the boom
After explaining what the good folks in the Peace River Country are currently doing to stop the nuclear power nightmare from happening to them, including recent encouraging media coverage, one of my friends grabbed my shoulders. He pleaded with me to tell him when more of this media coverage was coming up to be watched, listened or read so his wife could better understand the contoversy over the planned nuclear plant to be built just west of the Town of Peace River.

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