Editing Economy of Alberta (section)

==Alberta's credit rating==
On December 3, 2019, [[Moody's Investors Service|Moody's]] downgraded Alberta's credit rating from Aa2 stable from Aa1 negative and "downgraded the long-term debt ratings of the Alberta Capital Finance Authority and the long-term issuer rating of ATB Financial to Aa2 from Aa1."<ref name="CBC_Rieger_20191204">{{cite news| last = Rieger| first = Sarah| title = Moody's downgrades Alberta's credit rating, citing continued dependence on oil |work= CBC News| access-date = December 5, 2019| date = December 4, 2019| url = https://www.cbc.ca/news/canada/calgary/moody-s-alberta-credit-rating-1.5383294}}</ref> The agency said that there is a "structural weakness in the provincial economy that remains concentrated and dependent on non-renewable resources ... and remains pressured by a lack of sufficient pipeline capacity to transport oil efficiently with no near-term expectation of a significant rebound in oil-related investments...Alberta's oil and gas sector is [[emission intensity|carbon-intensive]] and Alberta's greenhouse gas emissions are the highest among provinces. Alberta is also susceptible to natural disasters including wildfires and floods which could lead to significant mitigation costs by the province."<ref name="CBC_Rieger_20191204"/>