6 February 2015
Oil-rich Alberta in Canada has seen the market value of its black gold decrease in recent months. Monocle’s Christopher Frey thinks the province could learn from the Norwegians about how to better manage its money.
Not long ago, the place seemed awash with cash. But with oil prices more than halving over the past six months, Alberta, home of the controversial tar sands, is about to enter a period of severe bootstrapping.