Another long time Alberta company is closing its doors, citing the Rachel Notley government's policies as the reason why.
Keystone Excavating has been in operation for 35 years. It has locations in Edmonton and Calgary and employs 150 people. Or it did.
All those staff are being laid off and Keystone Excavating is closing up shop. The owners are laying the blame at the feet of the NDP and Rachel Notley on the way out the door.
In a statement the company said:
“The macro business environment has everything to do with gratuitous government policy, increasing cost of doing business in Alberta, and lack of consumer and investor confidence”
Keystone’s 150 employees will be laid off at the end of March, joining 11,000 other unemployed construction workers in Alberta this year.
And Keystone will join the growing list of Alberta companies killed by the NDP.
Keystone Excavating survived the National Energy Program in the 1980’s that devastated the Alberta economy. Keystone survived the global economic crash of 2007-2008.
But they just couldn't survive the mismanagement and attacks by Rachel Notley and her destroyers.
Allison Redspend took the prize, while Notely is catching up, with Steinmach stuck at third.
The Mayor of Calgary is also a big spender who thought the money was endless. I never read much about Edmontons Mayor, but it was likely the same spending problem.
To Bill Elder’s point, the Housing Market boom definitely added to the above problem areas; which explains why brain-dead housing developers actually built houses on dry river bottoms near Calgary. They only flood every 100 years, and 100 years was up.
Seriously. I’ve been working for 37 years now. 34 as a heavy equipment operator & never ever had this much trouble finding work. When I go to actual sites there are alot of out of province plates on vehicles so that hasn’t change much. Seats are full & everyone is staying in them. Notley is wreaking havoc on jobs. Oil prices might be low but I’m still placing blame squarely on her shoulders! Others can think whatever they want. I don’t much care anymore.
“The champagne socialist left will not be happy until they have taken every dime the peons make and force them to live in abject poverty while they live a swank carbon intensive life style.”
Yup. Just like Ceauscu in Romania. Seldom has a tyrant met a more fitting end.
https://www.youtube.com/watch?v=gnoTN5DKJmQ
https://www.youtube.com/watch?v=bPUjzfj3OZE
“It was an attempt to falsify history”: https://www.youtube.com/watch?v=uMt1aIRFUXY
…and what Terry Macleod said.
For clarification, I was talking about the housing/real estate markets being over heated. Last time this happened my friends walked away from years of equity and sold for a buck. Been there, lived here too long and traveled in the States too extensively to have any other opinion of Property, and other consumer index items running 20-30% out of general market value because there’s a “boom” – Nope this is world oil prices cooling down the patch, Notley is a degenerate communist but even her damage has only impacted local economies minutely like rubbing salt in an already open wound.
We hate you more than you hate us.
I have never wanted to spit after saying someones name before.
Riley McCormick, a western wear in business for 113 years – closing its doors because of nutley’s regressive policies and the evil, useless garbage carbon tax and Nenshi’s excessive never-ending tax increases. Arnold Churgin – 53 years in business making high end shoes and boots in Calgary, closing their doors, closing 4 stores because of nutley’s evil carbon tax and Nenshi’s excessive tax increases. Imagine I heard 1,700 businesses have closed their doors in Calgary over the last couple of years, THIS IS UNBELIEVABLE AND IT SHOULD BE IN THE NEWS EVERYDAY BUT THE USELESS NDPEES MOUTHPIECE MSM IN THIS PROVINCE DON’T MENTION A WORD.
Yea, I lived through Pierre Idiot Trudeau’s NEP.
I always found it laughable (and annoying) how a National Energy Program focused specifically and exclusively on the oil and gas industry of Alberta. It rather defied the whole concept of “national”. And was blatantly obvious Pierre was targeting Alberta. That bastard raped Alberta for over 100 billion in the early 80s.
Greed exists in both capitalist and socialist societies. The capitalists try to get you to willing spend your money on goodies you may or may not need … buyer beware and be caution of the unscrupulous … , and the socialists forcibly take your money from you and give you nothing but despair in return … peons submit and worship your betters.
I think I will stick with the capitalistic society.
Alberta even at its peek was never an “overheated” economy. Alberta at its peek has always been an example of how economies should be at all times.
The only problem with Alberta’s economy during peek periods is that the government did not diversify to include different industries so the market fluctuation in oil and gas would not have hit the province as hard as it has. … Well that and not overspending when during peek economic activity.
Bill, unlike you I do not blame the Alberta economy for its’ woes, I blame the NDP for its’ current disaster.
Yes, Alberta has gone up and down, but never has it been as bad as under the NDP. The NDP are personally responsible for the devastation Alberta is currently experiencing.
If you want a good example of how the Alberta economy was properly managed during a drop in oil prices was under Ralph Klein.