Fuel for Thought: The Economic Benefits of Oil Sands Investment for Canada’s Regions

Cumulative investment in the development of Canada’s oil sands in the past decade alone has surpassed $100 billion, and hundreds of billions more are expected over the next 25 years.

Fuel for Thought: The Economic Benefits of Oil Sands Investment for Canada’s Regions aims to improve our understanding of how Canada’s regions will benefit from the tremendous economic opportunities that oil sands investment presents. It examines the supply chain linkages between Alberta and the rest of the country; the income effects associated with people spending the wages they earn while working on oil sands projects; the fiscal implications for the federal and provincial governments; the effect of income remittances from people who reside outside of Alberta, but who work in the oil sands; and the role of foreign direct investment and international trade in oil sands development. Anecdotes of how existing Canadian companies are working with the oil sands producers are also provided.

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