– This Canadian Oil ‘Ghost Town’ Is For Sale:
In a shocking example of the fallout from low oil prices coupled with years of easy-money-enabled malinvestment, the collapse of Canada’s non-conventional oil production has forced a northern Alberta oil-boom-town to be put up for auction, including 1200 person accomodation work-camp, hospital, gym, running track, and waste-water treatment plant.
* * *
PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP
Tags: Canada, Economy, Global News, Real Estate
Leave a Reply