Let’s see. Alberta is a province that has a big advantage compared to the other provinces in Canada.

The oil sands ventures probably was the cause of the economic boom in Alberta for the past decade and the Alberta government was the only province that was debt free last year.

So will Alberta better weather the current economic crisis that other regions?

Tough to say.

The government had recently taken a large sum of debt to improve the economic recession.

With the oil prices dropping and the environmental issues regarding our oil industry, it’s tough to forsee what is going to happen in the future.

Hopefully the economy recovers soon but until confidence is restored within the people, the progress will be stagnant.

If we keep telling consumers to don’t spend their money because of the economy, that will be detrimental for any improvement cause we know businesses are driven by buying power and the power comes from us, the consumers.

Perhaps the government should consider implementing programs that can facilitate good and sound investments, we might not be so afraid to put our money in their hands.