Thursday, January 26, 2006

A Glimpse Into Canada's New Wealth

Alberta is unlike any province in Canada or any state in the U.S. It's absolutely debt free and booming beyond belief. A big part of the reason for this are the oil rich tarsands in & around Fort McMurray. The BBC's Peter Day provides an excellent and comprehensive report from this northern Alberta town in this episode of In Business. As former mining engineer, the technology behind all of this is nothing new for me. What I found most interesting was when he stopped into an English class for new foreign workers. He interviewed people from Venezuela, Libya, and Poland. This diversity of people from all over the world is what makes Canada (and America) so incredibly special. But the transition from their home countries to this part of my country must have been a huge change (in a negative Celsius direction!) for most of them.

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