Canada’s Oil Crisis Isn’t As Bad As It Seems

Any investor or prospective investor googling “Alberta”–Canada’s key oil-producing province–will likely give up before clicking any further, at this point. The results will be a string of bleaker-than-bleak forecasts for Canada’s oil heartland. Job losses, office vacancies, and oil companies leaving the oil patch all indicate that Canada’s most prolific oil province has fallen on particularly hard times.  But let’s dial down the headline drama and look at Alberta from a sober perspective. It’s struggling,…