Fort McMurrayites appreciate the pause but aren’t panicking.

Just as we saw during the recession in ’08 & ’09, a slower-paced Fort McMurray will give the city a chance to catch up with infrastructure, give the province more time to twin Highway 63, give developers time to expand and improve on our commercial and retail real estate etc. The contractors bore the brunt of the layoffs, just like what happened during the recession. Locals were mostly unaffected. Here’s a fantastic article from Yahoo Finance that reaffirms that Fort McMurray will be well-prepared when the next up-swing happens. Some might argue that’ll happen sooner than we may anticipate.

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