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Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

No Kidding Klein


The Alberta government didn't have a plan to deal with the problems that came with the province's economic boom, Premier Ralph Klein says.


Now that Ralph Klein is stepping down everyone is pointing out that his government should have known that a boom was coming and planned accordingly. Being a contrarian can be very profitable but it will never get you a $80,000/year seat in the Alberta Legislature.


It’s too early to start planning for the ensuing bust but there will be one. When it occurs we’ll have another chorus of the government should have known.


Klein admits government had no plan for boom.