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4 results found for: economic development and trade

Organizations: Economic Development and Trade Tags: oil prices

Views: 9
Last Modified

March 30, 2016

Description

In 2015, the value of Alberta’s merchandise exports fell sharply by 24% to $92.3 billion as a result of much lower prices for oil and gas.


Views: 4
Last Modified

May 1, 2017

Description

After a 24% drop in 2015, the value of Alberta’s merchandise exports fell by a further 14.6% in 2016 to $78.9 billion as much lower prices for oil and gas led to lower export revenues for oil and gas as well as for the manufacturing sectors that depend on the oil and gas sector.


Views: 31
Last Modified

October 10, 2017

Description

Alberta’s manufacturing industry was in recession in 2015 and 2016 as a result of the dramatic drop in crude oil prices. Lower oil prices resulted in much lower selling prices of refinery products and caused oil and gas companies to drastically lower their capital spending which translated into...


Views: 13
Last Modified

January 18, 2016

Description

Revenues in Alberta’s manufacturing industry were on a downward trend in 2015. Most of this decline can be traced back to those manufacturing sectors that are closely tied to the oil and gas sector. Sharply lower sales in manufacturing’s largest sector, refined petroleum products, are especially...