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Albertans' Crushing Household Debt

Basking in the glow of our natural resource wealth, Albertans have racked up perilous levels of debt. Now we’re struggling to pay it back – or giving up >

After the Hue and Cry

For Alberta’s royalty trusts -- the 30-odd income trusts engaged in oil and gas production that have come to occupy the middle ground between the majors and the juniors –- it is hard to imagine that 2007 could be any worse than 2006 >

On the Coattails of the Boom

The oil and gas industry bolstered Alberta’s red-hot economy in 2006. Next year, it’s time to look elsewhere >

Skin in the Game

On September 26 former WorldCom Inc. chief executive Bernard Ebbers, once an Alberta boy, drove his Mercedes to a Louisana medium-security federal prison to begin a 25-year sentence for orchestrating an $11-billion accounting fraud that made him rich but drove his company into bankruptcy and hurt millions of investors, customers and employees.

Getting in Too Deep

Few sectors are getting as much international exposure as Alberta’s oilsands. With the increasing demand for oil around the world, everyone is looking to the estimated 2.5 trillion barrels of bitumen in place as a solution to their energy woes. It certainly may be ours. At current consumption rates, it is estimated that there is enough oil to meet Canada’s needs for about 250 years. In total, 175 billion barrels may be recoverable with current technologies, ranking it as the world’s second largest oil reserve.

Raymond and the Machine

Before the trial Raymond Reshke wore his shame like a bad suit. >

M is for Merger

Now that mining giant Inco has been snatched up by foreign hands, who’s the next M&A target? >

Riches in Real Estate Still

Squeezed out of the market by high prices? Invest in real estate stocks >

Like Printing Money

“It needs to be painful for people to switch,” says John Kittell with barely disguised glee. He’d never wish a moment’s pain on his customers, but he’s come to realize over the past six years that when his phone rings, it’s usually because someone’s seriously stressed out. He says his customers come to him when they’re frustrated, panicked and need help. What does he give them? Relief, in cheque form. >

The Outlook: Still Sizzling

#3 in an 8-part series on economic perspectives by Alberta business owners >

America’s Bull Market

To many Albertans, Americans showed their true trading colours in the wake of the bovine spongiform encephalopathy (BSE) outbreak here, blocking access to Canadian producers’ dominant market and crippling the industry. When the chips were down, their response seemed to have less to do with trade rules than protecting their own.