New report indicates heavy oilsands spending
Posted May 17, 2011 7:23 am.
This article is more than 5 years old.
Oilsands spending could top $2-trillion in the next 25 years.
To put that number in perspective, that’s about a third more than the entire Canadian economy produces in a whole year.
The Canadian Energy Research Institute says that total is much higher than its 2009 forecast, which suggests Alberta’s recovery from the global recession is real.
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