Interesting that the other provinces are only now seeing the effects. I would have thought 2006 was the peak skills drain. My first year economics professor at been working in the provincial economic advisor office at the time. He said about $60 Billion was being put into Oil Sands at the time.
This may not seem like much but it works out to 30k per man, woman, and child in Alberta. Most of whom are not welders...
It meant every job was paying above minimum wage. McDonalds was paying $1 above min wage. I've heard stories of 14 year olds running gas stations all by themselves, despite the illegality of it.
2006-2007 was pretty insane in Calgary. Fort Mac would have been Hell.
This may not seem like much but it works out to 30k per man, woman, and child in Alberta. Most of whom are not welders...
It meant every job was paying above minimum wage. McDonalds was paying $1 above min wage. I've heard stories of 14 year olds running gas stations all by themselves, despite the illegality of it.
2006-2007 was pretty insane in Calgary. Fort Mac would have been Hell.