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.
Updated
October 10, 2017
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Resources
Title and publication information
Type
Series Title
Extent
8 pages
Frequency
Once
Publisher / Creator Information
Subject Information
Topic
Resource Dates
Date Created
2017-10-10
Date Added
2017-10-11T21:07:22.307971
Date Modified
2017-10-10
Date Issued
2017-10-10
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Usage / Licence
Contact
Contact Name
Alberta Economic Development and Trade