Tag Archives: CAPP

Decreased spending in Canada’s oil and gas industry could potentially lead to 185k job losses

In 2014, the oil and gas industry spent more than $125 billion on exploration, development and production activities in Canada, supporting more than 720,000 direct and indirect jobs. With an anticipated $31 billion reduction in capital and operational expenditures in 2015, the Canadian economy could lose as many as 185,000…

Canadians back increased market access for Canadian oil, poll says

Seventy-five per cent of Canadians agree Canada should use domestic oil before using oil from foreign sources, according to a national poll conducted by Ipsos Reid. And Canadians surveyed overwhelmingly support pipelines that will serve Canadian markets, with 80 per cent in favour of moving oil sands crude from Western…