Highlights Canadian oil production has always punched above its weight on the global scale. At last count, Canada ranked fourth across nations for total oil output, only trailing the global heavyweights of the U.S., Saudi Arabia, and Russia (Chart 1). While the gap between Canada and the world’s top producers is still comparatively large, the year ahead is shaping up…
Canada’s construction sector Forecast 2033
Canada’s construction sector experienced a slight contraction in 2023, as growth in the non-residential sector was offset by a moderate decline in activity in the residential sector. Despite this trend, the industry continues to perform at an elevated level, and is poised to grow through 2033. BuildForce Canada released its 2024–2033 Construction and Maintenance Looking Forward national forecast today. The report finds…
$40 Billion in Oil & Gas investments
Recent news on oil and gas investing in Canada highlights significant investment and regulatory changes shaping the industry.