Layoffs Loom In Alberta’s Oil Patch

Layoffs Loom In Alberta’s Oil Patch

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Layoffs loom in Alberta’s oil patch

CALGARY – It’s been years since David Yager has seen multiple “For Sale” and “For Rent” signs in Fort McMurray, the northern Alberta city that is usually crawling with workers from across Canada looking to make a buck in the oilsands boomtown. In times when the province’s unemployment rate plunged below 4%, workers paid exorbitant rents…

Alight Capital Outperforms As Fund Positions For Uncertainty

Invest ESG Leon CoopermanAlight Capital Management declined 1.3% on a net basis for the first quarter of 2022, according to a copy of the firm's quarterly update, which ValueWalk has been able to review. Short positions offset most of the losses on the long side of the portfolio. The long/short equity fund exited the quarter with a net Read More

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  1. The first thing to go will be bonus pips! Smart mangers will have told their people this already. On a protracted scale we could likely see 14 dollar oil accompanied by an international war in the Crimea!

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