Leach: Canada’s new energy era
Ottawa Citizen

By Andrew Leach, Ottawa Citizen, May 21, 2014

Canada has a long history of competitiveness in manufacturing – economic growth underpinned by a mix of cheap electricity and a productive labour force. Today, this narrative is being turned upside down as a new story of Canadian growth emerges. In the decades to come, it will be our manufacturing and processing skills which determine the value of our energy resources and our role in global energy markets. We are entering a new era of manufacturing energy and the key question we must ask is not whether we should have more manufacturing and less resource production, but whether we can add real value to our resource base with low-cost manufacturing and processing. If not, we will strand significant resource wealth. The era of manufacturing energy in Canada will likely be defined initially by the success (or lack thereof) of two hydrocarbon industries: oil sands and liquefied natural gas. Both of these industries differ substantially from the traditional resource industry – much of the capital deployed in each case looks more like manufacturing than drilling for oil. via Leach: Canada’s new energy era | Ottawa Citizen.

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