*The Fraser Institute has released a survey showing that many petroleum industry executives see Manitoba as a better place to invest than Alberta (the horror!). The survey ranks Alberta as 92nd, placing the landlocked western Canadian province of 3 million people “behind China, the Philippines, and Brazil as an attractive place to invest in upstream oil and gas development.”
The results of the survey are a bit misleading as they list investment jurisdictions in North America by individual province and state, while all other jurisdictions are listed by country. While the survey results are likely reflective of the oil industry’s well-known dislike of Premier Ed Stelmach‘s changes to Alberta’s resource royalty framework, the report may have shown different results had it also included actual financial investment numbers.
(h/t Brian Dell)