January 06, 2016

Here’s why Alberta is bleeding private investors and the jobs that go with them

Holly NicholasRebel Commentator

The Alberta NDP is doing nothing for private sector jobs in the province.  

Recent StatsCan data shows that public sector jobs have increased, while private sector jobs have plummeted – all in May of 2015, when the NDP was elected. But if you want a union job, all you have to do is look to the Alberta Health Services job page where there are 445 jobs available.

If Rachel Notley and the NDP aren’t the problem, why are unemployment numbers higher in AB than in BC and Saskatchewan?

According to the government of Canada, the unemployment rate in Saskatchewan is 5.5%, while in BC it’s 6.2% and in Alberta, we’re at 7.0%.

Rig utilization is also higher in Saskatchewan (5%) and in BC (20%), which represents up to 15,515 jobs in Alberta. But the NDP doesn’t care about the oil and gas industry and the people that are losing their jobs, or the families that they’re affecting. They care about their own – the unions.

Oil and gas companies will go where they can make more profit and to where the government is more supportive of the industry – like in BC and Saskatchewan where there’s decreased corporate taxes and no looming royalty review.

And when there’s a government in place that increases corporate taxes and plans new royalty structuring that is all for the public service and has little solutions for the private sector – Alberta bleeds private investors and jobs.


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The NDP budget is a disaster. Over 50,000 are out of work. Investment is fleeing the province.
SIGN THE PETITION to tell Rachel Notley stop her war on Alberta oil and gas jobs

Rachel Notley's Alberta NDP just announced a $3 billion a year carbon tax.
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commented 2016-01-08 13:10:53 -0500
In 1790, an old money grubber by the name of Amschel Mayer Rothschild, said “Let me issue and control a nation’s money and I care not who writes it’s laws”.
For anyone who is not familiar with who the Rothschild family is, can find a wealth of information about them on the internet.
Initially, the family started lending money to individuals but quickly realized that financing wars in Europe, North America or elsewhere was the way to go.
In the battle of Waterloo, for example, Nathan Mayer Rothschild (English Branch) calculated that that future reduction in Government borrowing brought on by peace and would create a bounce in British Government Bonds. He received 40% profit by creating a deception that Wellington had lost to Napoleon, began selling his stocks which was followed by a mass selling by other investors, only to buy many of the stocks back at much lower price.
For my friends and family from NL, may recall in 1952, then Premier Joey Smallwood , looking for money to harness the Churchill Falls Hydro power in Labrador, was introduced to Edmund Leopold de Rothschild of the N M Rothschild & Sons Investment Bank and along with a consortium of other companies formed the British Newfoundland Development Corporation, commonly known as BRINCO.
Although Quebec fought long and hard to claim Labrador as a part of its territory, in July of 1967, it signed a lucrative deal with NL to transport the power through its province with not only ridiculously low price but a 65 year contract to boot.
Us Newfoundlanders soon realized the error of our ways and tried unsuccessfully in two Supreme Court challenges to have this ‘immense and unconscionable windfall’ to Quebec to be more fair to the producing province. In 1984, the courts ruled that the NL proposal to divert water away from the falls was illegal and to compound the problem, Brian Tobin an influential politician and former Liberal Premier said the initial contract in 1967 stated that all power coming from Labrador had to be sold to an identity in Quebec before it can be transported.
Even former NL Premier, progressive ‘conservative?’ Danny Williams said, “Hydro Quebec reaps profits from the Upper Churchill contract of $1.7 billion per year while NL receives $63 million per year.
So, what to do?
On the 18 of Nov. 2010, Williams announced that there was a $6.2 billion agreement between NL and Nova Scotia to develop and transport power from the Lower Churchill across the Cabot Straight, down the western part of NL and via an undersea cable across to Nova Scotia, completely bypassing the Quebec problem.
In less than a month following this great announcement, Williams retired from politics.
Why so Soon?
What was left out or was greatly downplayed in the announcement on 18 of Nov. 2010 was the fact that the only way for the project could proceed was with a $6.4 billion in loan guarantees from the Federal Government under the watchful eye of then Prime Minister Steven Harper. Two years later, on the 30 of Nov. 2012, with the cost of the project increased to $7.4 billion, Harper, Dunderdale and Dexter signed the deal in Happy Valley-Goose Bay. Where was Williams?
He disappeared until the 2015 Federal Election when he decided to add his two cents worth and revive his ABC (anyone but conservative) campaign he initiated during the election of 2008.
Notwithstanding the fact that he had just came out of a messy fight with then Liberal Prime Minister(and Quebecer) Paul Martin for reneging on a campaign promise regarding the Atlantic Accord, seemed to have been forgotten when Harper (an Albertan) wanted to renege on a 2006 election pledge to exclude non-renewable energy sources from the equalization formula.
His order to remove all Canadian flags from all provincial buildings in 2005 because of the Liberal Paul Martin was quickly lost and his disdain for Harper continued.
I suppose Mr. Williams could have waited till after the election and negotiate a deal with Liberal (and Quebecer) Justin Trudeau. However, Trudeau would have a lot to answer for should Williams wanted the same deal to bypass Quebec in a Hydro deal. Good luck with that one, Mr. Williams.
He could have waited till after the election and negotiate a deal with the NDP (not only a Quebecer, but a French citizen as well) Thomas Mulcair. Good luck with that one Mr. Williams, especially when you may have to deal with any potential disputes between the French Islands of St. Pierre and Miquelon.
I’m not sure whether Williams should be commended for all the great work he has done for NL, however, it seems strange that he was successful in convincing all of NL and the Atlantic provinces to vote for a person from a province that have ripped his province off for decades and continues to do so while shunning a person from a province that have done so much for Newfoundlanders. I wonder if it is Harper who has had the last laugh, especially in light of the fact that Williams was also effective in absolving his own party in the last provincial election!
No matter which ABC the electorate chose in the last Federal election, the outcome would have been the same. In 2007, NL was the most unionized province in the country with – you guessed it – Quebec was the second. Alberta was on the bottom of that list.
To Alberta, I can only say this. Let’s borrow from our famous money grubber from the past.
The unionists can safely say today, at least in the Eastern side of the country that – LET ME OCCUPY AND CONTROL A NATION’S MAJOR INSTITUTIONS AND I CARE NOT WHO THE PEOPLE ELECT.
commented 2016-01-07 13:39:43 -0500
Hi All! Thanks so much for your comments and feedback – and of course, for watching my content! It’s great to be back after the Christmas break – thanks Sam, Lloyd and everyone for the positive comments!

Andrew, great points – keep in mind those stats are from November and as I mentioned, projected jobs losses are pretty high for 2015 year end. Alberta continues to bleed jobs and I suspect unemployment figures to continue climbing.

Dana – I’ve done a few stories on what you mention already. There’s an obvious amount of cronyism between the NDP, green energy companies and ATB.

Again, thanks for watching! Stay tuned for some new content coming soon!
commented 2016-01-07 12:18:34 -0500
There you have it! These socialist governments NDP and Trudeau’s Liberals are in cahoots with making the market sweeter for the likes of Rockefeller and Soros Unethical Oil – they are sabotaging their own countries industries!
I believe they are plants put in place by the Crony Big Oil Corporate Borg and Canadians’ have elected these shady Environmentalist Politicians that are helping to take the Bread and Butter off of Canadian plates! Do you get it?
commented 2016-01-07 03:16:29 -0500
Hi Holly, it is good to have you back. I hope you had a good christmas. It never ceases to amaze me just how much you know about the oil industry, and how well you present the facts. Have a happy new year.
commented 2016-01-06 22:27:16 -0500
Andrew is right, the AB unemployment rate has been higher – in 2009 it recovered then it becan to rise again – it always rises with a lowering of crude oil prices and goes down with increased crude oil prices – however this time investment is leaving the province and crude oilprice recovery wont impact the employment rate as much .
commented 2016-01-06 21:52:51 -0500
“If Rachel Notley and the NDP aren’t the problem, why are unemployment numbers higher in AB than in BC and Saskatchewan? " Unemployment’s bee higher in Alberta than Saskatchewan for many years. Sask residents tend to be mobile and move away when they lose their jobs. In 2015, people net moved FROM Saskatchewan TO Alberta.

Since July 2014, when employment in Alberta and Saskatchewan peaked,
Alberta’s gone from 4.7% to 7.0%, gaining 2.3%. About half of that loss was under the Conservatives (it was 5.8% when the government changed).
Saskatchewan went from 3.2% to 5.5%, gaining 2.3%.
Ontario’s gone from 7.4 to 6.9%, dropping half a percent.
commented 2016-01-06 20:26:34 -0500
If we could talk the two idiot mayors in Calgary and Edmonton to put up windmills and solar panels in the cities maybe the urbanites would get off their lazy asses and boot out these commies in a week. You noticed that the ndp’ war on Alberta has only been against rural and small town Alberta only, shades of the Redford gov.
commented 2016-01-06 18:58:04 -0500
Oil producers in the Middle East dropped oil prices, with the sole purpose of ruining Western economy. They were just softening us up for the Jihad that is now happening. Weak leadership in the EU, America and now Canada has made things easy for them. Justin Trudeau is nothing but a pawn to Islam. He is giving Canada away. A gift for Mohammad and his followers. Do Canada a favor Justin, become deceased.
commented 2016-01-06 18:38:48 -0500
Good reporting Holly ,missed you the last couple of weeks.
commented 2016-01-06 16:43:26 -0500
It is truly Amazing , when you come from a Province, that has already self destructed, and you can sit back and watch another Province go through the same damned thing—-
commented 2016-01-06 16:26:46 -0500
The truth is so transparent about these individuals it’s disgusting! We need to step up and fight them everywhere!
commented 2016-01-06 16:10:22 -0500
Dana Moore – everyone of them has their hand in the cookie jar!
commented 2016-01-06 16:00:46 -0500
No CO. will invest when the socialists are in power B.C.in the 90s Sask. for 20 years under ndp. MB for the last 11 years under ndp.
commented 2016-01-06 16:00:24 -0500
Has anyone in Alberta heard about this “Conflict of Interest” that George Clark is talking about, might want to check out his facebook page, it concerns some pretty sleezy goings on with the green welfare (wind and solar contracts) and who is benefiting, could be what you are looking for against Notley.
commented 2016-01-06 15:57:05 -0500
Good report, Holly.

I fear, tough, that it will fall of deaf ears in the NDP government and the blind NDP supporters. This government is not interested in what the private sector thinks of it. Sometimes I feel as though conservatives are just talking to a brink wall. The left is arrogantly determined they know all and conservatives know nothing even in the face of facts. It really is depressing.
commented 2016-01-06 15:51:46 -0500
The NDP are inept bumbling fools alberta has a three year wait to kick them to the curb, though it may take less time than that if they keep it up.