Oil and gas remain fundamental to the production of nearly all goods and services purchased by Canadian families.
oil and gas investment
From 2014 to 2019, seven of 15 major industries experienced a decline in investment.
According to forecasts, the province's net financial debt will eclipse $69 billion this fiscal year.
A new study estimates that up to 450,000 oil and gas jobs are at risk.
Almost 5,000 workers are directly employed in processing the petroleum products Line 5 brings to Sarnia.
Last year was the first in at least 25 years that the province derived no revenue from petroleum royalties.
The legislation includes subjective criteria including the “social impact” of energy investment and its “gender implications."