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Falling investment in Canada

Canada’s competitiveness at stake: Investment in oil and gas is falling in Canada even as it rises elsewhere around the world.

Total capital spending on Canadian oil and natural gas was $45 billion in 2017, down 19 per cent from 2016 and 46 per cent from 2014. In comparison, capital spending on oil and natural gas in the United States last year increased by 38 per cent to $120 billion. 

Drop in capital investment in Canada infographic