Turns out the oil industry is just made up of a bunch of Thanos type drama queens:
$1:
Todd Hirsch, the chief economist with ATB Financial, says he finds the numbers to be too pessimistic.
"For years, that group was ringing the alarm bells about shortage of labour saying we have to do something dramatic to increase labour supply and skills training. And now this change in tone?"
Hirsch is expecting an adjustment in the labour market. Over the past several months, resource jobs are down, as are construction jobs.
"There's no question that the labour market has weakened in the last year," said Hirsch. "But we were going into this with almost an overheated labour market, and some correction probably to take some of the froth off the market isn't such a bad thing."
http://www.cbc.ca/news/canada/calgary/o ... -1.3080427