“We Haven’t Seen This Is In Our Lifetimes” – CEO Says “Alberta Is In A Depression”

by Tyler Durden
ZeroHedge.com
04/25/2016

“Well, if you’re involved in the oil patch directly, drilling activity or anything like that I think we’ve gone beyond recession and it’s more a depression. The facts are that this latest round of commodity price collapse that happened the first part of this year I think really put the nail in the coffin for the industry.”

The Rest…HERE

This entry was posted on Tuesday, April 26th, 2016 at 12:42 am and is filed under Economics, Oil. You can follow any responses to this entry through the RSS 2.0 feed.