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Doug Schweitzer Profile picture
Doug Schweitzer
@doug_schweitzer
Minister of Jobs, Economy and Innovation • @Alberta_UCP MLA for Calgary-Elbow
Nov 30, 2018 • 13 tweets • 8 min read
1x What happens if we don't immediately address the price differential?

I can tell you as a partner at the largest law firm in the world who practices in the area of bankruptcy and insolvency that this is worse than 2008 / 09 and 2014 /15. #ableg #cdnpoli calgarysun.com/opinion/column… 2× Right now - banks that loaned money to oil and gas companies and oilfield service companies are reviewing cashflow forecasts to see how badly they are exposed.

If it is bad (and with these differentials it is), banks retain accountants to do a "looksie". #ableg #cdnpoli