Alberta Oil Sector

• ATB Financial projects Alberta’s real GDP will grow by 4.1% this year

  An Alberta financial institution is projecting that the provincial economy could be in a better position by 2023 than it was before the COVID-19 pandemic hit.

  Economy

  Mar 18, 2021
  
• Ovintiv lays off staff as fears rise for delayed oil industry recovery

  Oil and gas producer Ovintiv Inc., confirmed it handed layoff notices to some of its 2,600 staff in Canada and the United States starting Monday.

  Economy

  Jun 18, 2020
  
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• OPEC, oil nations agree to record-setting oil production cut amid coronavirus pandemic

  Measures to slow the spread of the coronavirus have destroyed demand for fuel and driven down oil prices, straining budgets of oil producers.

  Canada

  Apr 12, 2020
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• Ottawa’s $1.6B energy aid package won’t get Canadians back to work: analyst

  Analysts predict the federal government's $1.6 billion announcement to help struggling oil and gas companies won't get out-of-work Canadians back into the workforce,.

  Canada

  Dec 18, 2018
• Alberta economy will grow at 2.1% after 2017 surge: Conference Board of Canada

  Ramped up production in the oil sector has helped Alberta surge ahead in economic growth this year, according to a report from the Conference Board of Canada (CBOC).

  Economy

  Nov 22, 2017