Foreign direct investment in Canada dropped 56 per cent between 2013 and 2017.
alberta energy revenues
Alberta’s scores dropped on all survey questions.
Capital investment in Canadian oil and natural gas in 2017 was $45 billion, down 44 per cent compared to 2014.
Alberta’s new carbon tax, and higher corporate and personal income taxes, all contribute to a poor investment climate.
Over the past three years, Alberta’s average annual total job growth was a meagre 0.6 per cent.
Over the last few years, GHG emissions from the oilsands have comprised less than 0.15 per cent of global emissions.
There is a prominent view among some in Alberta’s provincial government and elsewhere in the province that believes booms and busts in government finances are a result of the province’s large energy sector.