High-tech batteries made by Charger Industries can withstand the heavy shocks and vibrations produced as oil drill bits work four kilometres underground. But as new drilling declines, Charger is just one Alberta company looking for new places to sell its cutting-edge technology. (Susana Gonzalez/Bloomberg)

Source: www.cbc.ca

While painful, the decline of the energy industry as oil prices fall is creating a silver lining for the Alberta economy. With less money in the oil patch, companies are looking for new outlets for their technology and creating a more durable economic base, Don Pittis writes.

Advertisements