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Canada: Layoffs loom in Albertas oil patch
2015-01-03 06:41:00| Climate Ark Climate Change & Global Warming Newsfeed
Financial Post: It`s been years since David Yager has seen multiple For Sale and For Rent signs in Fort McMurray, the northern Alberta city that is usually crawling with workers from across Canada looking to make a buck in the oilsands boomtown. In times when the provinces unemployment rate plunged below 4%, workers paid exorbitant rents to live in Fort McMurray garages. In late December of this year, amid predictions of a spike in the provinces unemployment rate, bachelor suites in Fort Mac were being...
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oil
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loom
Category:Electronics and Electrical