Alberta plunges 18 spots on global ranking of the best places to invest in oil and gas
Postmedia News | December 6, 2016 11:46 AM ET
Alberta is losing ground to Saskatchewan as an attractive place to invest for oil and gas companies, says the latest annual global survey of energy-sector executives by the Fraser Institute.
A report released Tuesday by the conservative-minded think tank said Alberta dropped 18 spots to 43rd out of 96 jurisdictions worldwide on a “policy perception index,” which measures the extent that government policy discourages oil and gas investment.
In 2014, Alberta ranked in the top 15, but fell to 25 last year.