Quote:
Originally Posted by swimmer_spe
So, what do you do when you see your job opportunities dry up because of the perceived problem with the federal government?
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I think it's important for everyone to take a proactive approach to handling their career. Industries change everywhere and it can be a combination of government policies and world trends. Think of fisheries in Atlantic Canada, manufacturing in Ontario, and forestry in BC for examples. I have seen jobs from my industry moving out to another province due to xyz reasons. I self taught myself new skills so I could make my transition to something else that would hopefully be more stable. So in my humble opinion, there are several general things I'd consider if I work in the oil and gas sector in Alberta.
- It's clearly very cyclical for one reason or another. So I would be saving like mad during the boom time because I know there will be bust time.
- Oil sand is clearly the more expensive form of oils one way or another as well. So even if the world won't be phasing out oil for another 50 years, I'd imagine the most expensive form of oil would be the first to go during energy transition.
- Environmental concerns and climate change is only going to become a bigger issue than before. Governments around the world are creating policies to become more green.
If I work in oil and gas, I would have been using all my free time to take up another skill to move away from it. I have all the sympathies of indirect industries and businesses in Alberta that are negatively affected by all this. But if I'm a young guy working in the oil field, I would not be spending my six figure pay cheques on luxury items and all that. I would be saving and going back to school for another skill training. It would seem irresponsible for me not to do so as I feel those are some pretty clear trends. That's why I guess I am shocked at all the anger from Alberta from people who seem caught by surprise by all this?