Posted AT 6:00 AM EST on 16/08/08
Falling gas prices chip at ‘Alberta Advantage'
William Nichols is a third-generation oilman and, these days, a devout pessimist. Yes, unemployment is low, and money continues to pour into Alberta's north. But look a little closer, he says.
Home prices are sliding (nearly 8 per cent in Calgary during July, according to the latest data). New-home construction has slowed down so much in Alberta's largest city that some of Mr. Nichols' friends in the trades have moved back to Regina and Saskatoon for better-paying work.
The full text of this article has 802 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
