I mean more the private infrastructure. Businesses and housing.

Even before the fire the city was in a crisis because of the oil price, I'm not sure how much money will be pumped into the city now. Oil isn't going away, but the jobs are still disappearing up there (and in Calgary). This past year (pre-fire) housing in fort mac dropped an average of 20%, or $100,000 off the average house. The city will be hurting for a while yet I think.



Nobody's posted this yet: http://www.theplayerstribune.com/scottie-upshall-blues-fort-mcmurray-wildfire/

This post was edited by StayPositive on May 18 2016 05:36pm

The insurance money will be paid out based on how much it takes to rebuild your property on the land the house burnt down on.

So if you don't rebuild your house you don't get much.

Well the price of housing in Fort Mac was out of control anyway. No land available to build new housing, and cost of living was already so expensive. The oil industry is hurting but oil hasn't collapsed as much as they thought it would. It'll recover in a few years and the oil sands are still very profitable. No the city won't continue to grow like it has but it still has to be rebuilt and billions will be invested into the construction industry.

Can't wait to see what they gonna build to be honest.

Im not saying all of it but youd be a fool to think some people who arent from there leave. The job cuts that were happening why would they?

And if i had a alternative to oil why would i share it with you lol

This post was edited by Nearin on May 18 2016 08:45pm

I'll give u fg m9

I realize most of us here are far too young to understand that this is how alberta economy is. boom and bust cycle.

Yes and im saying it wont all be rebuilt mid bust....

cost to build is better in a bust