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Alberta’s manufacturing industry is recovering in 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... More ≫

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 reduced demand for machinery and equipment produced by Alberta’s industrial machinery and fabricated metals sectors. As Alberta is emerging from its recession this year so is its manufacturing industry.

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How are Alberta’s largest manufacturing sectors faring in the current recession?

Description

Alberta’s manufacturing sector is currently in recession as a result of the dramatic drop in crude oil prices. Lower oil prices have translated into much lower selling prices of refinery products... More ≫

Description

Alberta’s manufacturing sector is currently in recession as a result of the dramatic drop in crude oil prices. Lower oil prices have translated into much lower selling prices of refinery products and are causing oil and gas companies to drastically lower their capital spending which translates into reduced demand for machinery and equipment produced by Alberta’s manufacturing and fabricated metals sectors.

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Background paper on par price changes and calculations

Description

This paper has been prepared to describe changes to the release and calculation of the Department of Energy's crude oil par prices. The changes were initially proposed and identified in the... More ≫

Description

This paper has been prepared to describe changes to the release and calculation of the Department of Energy's crude oil par prices. The changes were initially proposed and identified in the September 1995 departmental information letter.

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