The first recorded group of Black folks stepped off the train at Edmonton in April 1908 and consisted of seven families who intended to settle in the area of Junkins (now known as Wildwood), west of Edmonton. Why did African Americans come to Alberta? Amber Valley was one of several in Alberta and Saskatchewan settled […]
Category: Alberta
Is Alberta Going To Increase Oil Production?
Daily crude oil production in Alberta has increased in 2022 amid high demand and high price environment, according to economists. Will oil production Increase 2022? EIA projected that crude production would rise to 11.87 million barrels per day (bpd) in 2022, compared with its previous estimate of 11.83 million bpd. Petroleum and other liquid fuels […]
Is Alberta Oil Booming Again?
The industry itself is doing very well — total oil production in Alberta hit an all-time record in the first half of 2022, averaging 3.6 million barrels per day. Is Alberta entering its last oil boom? But now, global demand for oil is again rising and prices are high, yet more oil-production revenue is not […]
What Year Was Alberta Debt Free?
As illustrated, the Klein government began to ramp up spending considerably by 2003 as the province became debt free and no longer had a clear fiscal anchor guiding its spending decisions. Is the Alberta government in debt? Resources to earn $28.4 billion in 2022-23 fiscal year Alberta’s United Conservative Party government is making the highest […]
What Is The Average Debt In Alberta?
When it came to each province, it’s no surprise that Alberta led Canada with an average debt of $25,056. How much does the average Canadian owe in debt? How much debt does the average Canadian carry? The average credit card debt Canadians had in September 2022 was $2,121, according to Equifax. And another report the […]
How Much Money Does Alberta Make From Oil 2022?
Resource revenue is forecast to be $28.1 billion in 2022-23, by far the largest amount ever reported. Revenue has increased by $14.3 billion from budget. Oil prices have softened from the record highs seen earlier this year, but tight market conditions are keeping prices at robust levels. How much money does the oil industry make […]
What Percentage Of Canada’S Proven Oil Reserves Are Found In Alberta?
97 percent. Since Alberta’s oil reserves account for 97 percent of Canada’s proven reserves, this enables Canada to be the third-highest ranked country in terms of proven global reserves. How much of Canada’s oil is in Alberta? 80%Alberta is Canada’s largest oil and natural gas producer and is home to vast deposits of both resources. […]
What Is Alberta’S Debt?
Resources to earn $28.4 billion in 2022-23 fiscal year Alberta’s United Conservative Party government is making the highest ever repayment of debt in the province’s history — $13.4 billion — thanks to a record-breaking surge in resource revenues. How much debt does the Alberta government have? Fiscal Year 2021-22 Estimate 2024-25 Target Surplus (Deficit) (3.2) […]
Is The Pipeline Still Being Built In Alberta?
The Keystone Pipeline System is an oil pipeline system in Canada and the United States, commissioned in 2010 and owned by TC Energy and as of 31 March 2020 the Government of Alberta. Keystone Pipeline. Keystone Pipeline (Phase 1) Location Status Complete Construction started Q2 2008 Commissioned June 2010 Is the Alberta pipeline being built? […]
Who Buys Alberta’S Oil?
Imperial Oil, ExxonMobil Canada selling central Alberta assets to Whitecap for $1.9B. Imperial Oil Ltd. says it and ExxonMobil Canada have entered into an agreement to sell the Montney and Duvernay oil and gas-producing areas of central Alberta to Whitecap Resources Inc. for $1.9 billion. Where does the oil from Alberta go? Most of the […]