The slump in oil prices is altering the economic pecking order among Canada’s major cities, pushing cities in oil-rich Alberta from the top to the bottom, the Conference Board of Canada says. The Ottawa-based think tank says Calgary and Edmonton, which have led Canada’s cities in growth over the last several years, will fall into recession . Oil is Canada’s biggest export and the big drop in prices for that commodity is expected to be a net negative for Canada’s economy. But oil production is concentrated in the western provinces and in offshore drilling in the Atlantic off the coast of Newfoundland and Labrador. As a result, those areas are much more vulnerable to the economic pressures created by lower oil prices, while the manufacturing-oriented economies of central Canada could […]