Industry Estimates of the Economic Impact of the Oil Sands

From the industry point of view, a study by consultants IHS CERA was published in January reporting focus group discussions by the oil sands multinationals in Calgary in summer 2013. The report projects that the oil sands’ contribution to Canadian GDP could reach $171 billion in 2025, with total contribution to employment in Canada reaching 753,000 jobs by 2025.

See Oil Sands Economic Benefits: Today and in the Future (Jan. 2014) at: http://www.ihs.com/pdfs/OSD-2013-Economic-Benefits-Jan-2-2014.pdf.

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