March 2014, Vol. 241 No. 3

Features

Oil Sands Investment Will Support More Than 753,000 Jobs By 2025, Study Finds

Canadian oil sands production is generating significant economic benefits for Canada in terms of jobs, economic growth and government revenue, a new IHS CERA Oil Sands Dialogue study finds. The economic contributions of oil sands—currently greater than that of Saskatchewan, Canada’s fifth-largest province—will grow substantially in coming years as oil sands production is expected to double by 2025. The study, Oil Sands Economic Benefits: Today and in the Future, seeks to quantify the economic impact of oil sands. It finds that oil sands production supported more than 478,000 direct, indirect and induced Canadian jobs in 2012 (3% of all jobs in the country) and

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