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.

* Diversifying 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.

The University of Calgary's Child Development Centre is Alberta's first building designed and constructed to LEED ( Leadership in Energy and Environmental Design ) standards, the North American benchmark for environmentally high-performance buildings.

The Banff Centre is part of Alberta's post-secondary educational system, and offers programs in the performing and fine arts, and leadership training.

( Note that Alberta's use of the notwithstanding clause is of no force or effect, since the definition of marriage is federal not provincial jurisdiction.

They suggest that it is not a reflection of Alberta's frontier history, but represents a mythical impression of western cowboy culture created by 19th-century wild west shows and exploited for profit.

Banff, Alberta's Sunshine Village ends its lengthy ski season on Victoria Day, and, likewise, it is during this long weekend that many summer businesses such as parks, outdoor restaurants, bicycle rentals, city tour operators, etc.

Despite this, he is highly regarded by historians: Foster calls him " Alberta's greatest premier ", citing in particular his successful negotiations for the transfer of resource rights to the provincial government as the cause of Alberta's subsequent prosperity.

The signing ceremony for the resource transfer agreement ; Stewart is seated second from left. As a cabinet minister, Stewart aggressively marketed Canada's coal both domestically and internationally, for which he was honoured by Alberta's coal producers at a banquet and later awarded the Randolph Bruce Gold Medal in Science by the Canadian Institute of Mining and Metallurgy.

He also feuded with then-Premier Brownlee over development in Alberta's national parks ( Stewart favouring large-scale private development and Brownlee opposing it ), causing King to record in his diary " Brownlee strikes me as ... being superior to Mr. Stewart, who is handicapped in his dislike of.

There is general agreement that Rutherford's greatest legacy, and the one in which he took the most pride, lies in his contributions to Alberta's education.

With more than 15, 000 employees, the university is Alberta's fourth-largest employer.

The team name is derived from the roughnecks who work drilling rigs in Alberta's oil and gas industry.

There is no doubt that it has become Alberta's premier international gateway and the destination of choice for passengers, airlines and cargo operations.

It is located in Alberta's Rockies along the Trans-Canada Highway, approximately west of Calgary and east of Lake Louise.

In general, Alberta's climate is dry, due to the rain shadow effect of the Rocky Mountains and Pacific Coast Ranges to the west, and continental, due to its distance from any large body of water.

Alberta's right-wing tilt ( after 1940 ) is no less pronounced on the federal level.

Edmonton is Alberta's number one tourism destination in several key categories and Alberta's top-ranked metropolitan destination in other categories.

* Rosebud, located one hour east of Calgary, is home to Rosebud Theatre, Alberta's only rural professional theatre.

According to Alberta's Municipal Government Act, a town is eligible for city status when it reaches 10, 000 residents.

It is located in Yellowhead County, northeast of Jasper and about west of Alberta's capital city, Edmonton, at the intersection of Yellowhead and Bighorn Highway, in the Athabasca River valley.

Because some 80 % of Alberta's oil sands are too far below the surface for standard mining and drilling procedures to access, Husky plans to use Steam Assisted Gravity Drainage technology, by which bitumen is heated with steam to reduce its viscosity.

In 2006 Alberta's per capita GDP was higher than all US states, and one of the highest figures in the world.

Later that month, the university was also named one of Alberta's Top Employers.

Edmonton also has a large army reserve element from 41 Canadian Brigade Group ( 41 CBG ), including The Loyal Edmonton Regiment ( 4th Battalion, Princess Patricia's Canadian Light Infantry ); 41 Combat Engineer Regiment ; HQ Battery, 20th Field Artillery Regiment ; and B Squadron of The South Alberta Light Horse, one of Alberta's oldest army reserve units.

At the time of Stewart's acclamation, Premier Alexander Cameron Rutherford seemed unassailable: he controlled 36 of the Legislative Assembly of Alberta's 41 seats ( Stewart's being one ), and his Liberals had just won nearly sixty percent of the vote in their re-election bid.

In October 2008, The Calgary Airport Authority was named one of Alberta's Top Employers by Mediacorp Canada Inc.

Harvie André, one of Alberta's federal cabinet ministers who represented Calgary, stated publicly that he did not care if he never saw a passenger train again in his life.

Because all of the premiers had agreed to the deal, it could conceivably have passed without a referendum — however, Robert Bourassa's promise of a referendum in 1992 on a constitutional agreement or sovereignty, as well as British Columbia and Alberta's referendum legislation, meant one would be held in some provinces regardless.

" Each one of the five projects will greatly enhance each institution's unique teaching capabilities and will ensure that Alberta's post-secondary facilities maintain their competitiveness and uphold their exemplary reputations.

SAIT is a member of Polytechnics Canada and one of Alberta's Top 50 Employers.

In October 2008, Agrium was named one of Alberta's Top Employers by Mediacorp Canada Inc., which was announced by the Calgary Herald and the Edmonton Journal.

In October 2009, Enbridge was named one of " Canada's Top 100 Employers " by Mediacorp Canada Inc. Later that month, Enbridge was also named one of Alberta's Top Employers, and one of Canada ’ s Ten Best Places to Work.

As a result of this acquisition, Fortis became one of Alberta's major regulated electrical distribution companies, serving 415, 000 Albertans in 2005.

The style of intersection was made necessary due to the presence of a small private cemetery in one quadrant of the interchange: under Alberta's Cemeteries Act burial sites cannot be seized.

Ernest C. Manning in his third election as leader of the Social Credit Party, and its first election since the Social Credit Party paid off Alberta's first debt in 1949, led it to its fifth consecutive election victory, increasing its share of the popular vote, and winning fifty two of the sixty one seats in the legislature.

Signing on at 3: 00 p. m. on October 25, 1954 on channel 3 with 27, 400 watts of power, with one live camera presentation from the transmitter room, CFRN-TV became Alberta's second TV station and its second CBC Television affiliate.

The channel, branded as SCN ( for Saskatchewan Communications Network ), launched on May 6 of that year, making it one of the newer English-language publicly-funded broadcasters in Canada ( Ontario's TVOntario was launched on September 27, 1970 ; British Columbia's Knowledge launched on January 12, 1981 ; and Alberta's Access, which is now the privately-owned CTV Two Alberta, was launched on June 30, 1973 ).

Later that month, Suncor was also named one of Alberta's Top Employers, which was announced by the Calgary Herald and the Edmonton Journal.