In 1897, while in London in the midst of a worldwide speaking tour, the American author Mark Twain became the subject of rumours back home that he was dead. To get at the truth, a reporter from the New York Journal wrote to Twain to ask if he was indeed dead or gravely ill.
Canadian employment stalls for a decade
While the world grapples with the Coronavirus pandemic and an economic downturn, anti-energy activists have spotted an opportunity: to kill off Canada’s oil and gas industry—the one that provides hundreds of thousands of jobs and hundreds of billions of dollars in tax revenues to governments.
This Fact Sheet compares Canada’s oil and gas extraction sector (narrowly defined to include conventional oil and gas and oil sands) with the automotive and aerospace sectors on national and provincial GDP (in billions of dollars and as a percentage of GDP) and employment.
This Fact Sheet details the direct contributions Canada’s energy sector made to federal and provincial revenues between 2000 and 2018, conservatively estimated at $359 billion.
First Nations involved in Canada’s oil sands industry experience significant and profound positive economic effects, finds a new research brief by the Canadian Energy Centre.