Tag: Trevor Tombe

Weak oil prices undermine any chance of recovery for Alberta finances before 2019 election

“There’s no self-correcting way out of this situation… if [oil] prices don’t rise, there’s no easy way.” – Tombe The Alberta government is betting on rising oil prices and growing royalties over the next year to pare its budget deficits, but how likely is that scenario? Not very, according to economist Trevor Tombe, as global […]