http://philosophyofmetrics.com/2015/02/25/economic-ground-zero-for-canada/
After the collapse of oil prices and home valuations in 1986 the oil
sands mining town of Fort McMurray became a semi-desolate place of
reduced expectations. One of the two mining operations went on strike
and I remember the workers picketing on the highway near the site
access.
As a teenager my friends and I would drive around an area we called
The Dead Roads. The Dead Roads were a planned subdivision which had been
under development when the collapse of 1986 happened. The roads had
been built, the sidewalks and curbs set, and the utility services to the
lots had been roughed in. But no houses had been built.
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