Idiot... The new reality for crude prices is setting in for Canada's energy industry and consumers, as oil has consistently traded in and around $50 dollars US a barrel for weeks. In part 1 of a 3-part special presentation, BNN speaks with Rafi Tahmazian, senior portfolio manager, Canoe Financial and Kevin O'Leary, chairman, O'Leary Financial Group about Alberta Premier Jim Prentice's plan to break the province's oil addiction and just who will survive the crude oil decline.
Tax hikes coming to working Albertans, say critics. Premier Jim Prentice’s decision to reject tax hikes for corporations and royalty increases for the oil industry places an unfair burden on the backs of ordinary Albertans, say opposition parties.