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Alberta is trying to diversify our economy, it does take time however.
I certainly hope our government has enough forsight for this.
screw splurging on healthcare, we need money for education(higher), and perhaps lower taxes on certain industries we want to promote.
I however don't think it's just because we landed ass first into a pool of oil.
BC and Saskatchewan both have fair sized oil reserves, yet there both in debt, and don't have the money Alberta does.
Why?
We stuck with the cutting of services to pay down the debt. We pushed for industry to come to us.
Alberta creates the second highest number of small businesses every year in Canada. (just over half the ones Ontario does) despite us being the 4th largest province.
Basically I think a lot of it has to do with stick to it ness, and a willingness to take risks.
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