Alberta's economy is one of the strongest in Canada, supported by the petroleum industry and, to a lesser extent, agriculture and technology.

When oil prices spiked during the 1967 Oil Embargo, 1973 oil crisis, and 1979 energy crisis, Alberta's economy boomed.

However, during the 1980s oil glut Alberta's economy suffered.

In July 2008 the price of oil peaked and began to decline and Alberta's economy soon followed suit, with unemployment doubling within a year.

By 2009 with natural gas prices at a long-term low, Alberta's economy was in poor health compared to before, although still relatively better than many other comparable jurisdictions.

Alberta's economy is a highly developed one in which most people work in services such as healthcare, government, or retail.

As Premier, Getty was faced with an economic slowdown and falling energy prices, which hit Alberta's petroleum-dominated economy hard.

Given that the program was cancelled in 1986, the NEP was active for five years which are amongst the most expensive for oil prices on record and the NEP prevented Alberta's economy from fully realising those prices. Fluctuations: Oil Prices & Alberta Per Capita Federal Contributions 1975-1981

< http :// www. statcan. ca / english / research / 11-624-MIE / 11-624-MIE2006015. pdf ></ ref > During that same time the bankruptcy rate in Alberta's economy rose by 150 % after the NEP took effect < ref name =" statcan_a "> Statistics Canada.

This expanded Petro-Canada, but it was detrimental to Alberta's economy.

This time they invited Albertans to discuss concerns over the future of Alberta's energy economy and environment, as well as the erosion of public health services including long-term care.

His personal family management developed a family estate that remains significant in Alberta's economy.

Tourism also plays a role in its economy due to its location at the crossroads of Highway 22 and Highway 11, and its location midway between Red Deer and the scenic Alberta's Rockies region.

The October 1973 Yom Kippur War and the ensuing 1973 oil crisis led the federal government of Prime Minister Pierre Trudeau to re-examine all Canadian energy production, including the potential nationalization of Alberta's oil, as well as an expansion of DEVCO coal production, reversing the recommendation of the 1966 Donald Commission to phase out production and diversify the Sydney area economy.