Video: Trevor Tombe presents the findings of his report on Canada's energy trade on Parliament Hill in Ottawa on March 18, 2014
CALGARY, March 18, 2014 /CNW/ - By any reasonable standard, Canada
exports a lot of energy. Public perception towards energy trade in our
country is often negative, especially when it comes to the oilsands and
pipelines. We all know the criticisms - but what about the benefits of
an energy economy? A ground-breaking report released today from The
School of Public Policy offers a fact-based examination of the economic
benefits of our energy sector.
Author Trevor Tombe shows that over the last decade, growth in Canada's
energy trade has been nothing short of historic, with energy exports
equivalent to nearly $9000 for every Canadian household in 2012. And
this startling number is not expected to drop, as Tombe reveals that
forecasts for the next two decades suggest exports may double.
Concerns over the negative implications of the energy sector often do
not take into account the benefits of the sector to workers as well as
the economy, "The energy sector adds much to Canada's economy, with
value-added and productivity higher than any other sector. And, when it
comes to labor compensation, oil and gas extraction is the
highest-paying sector in the country."
As Canada's energy trade grows, so too will the need for intelligent
debate, which will require high-quality and objective information. This
report provides the facts and analysis necessary to improve the quality
of discussions and decisions on Canada's energy policy.
The report can be found at http://policyschool.ucalgary.ca/?q=content/taming-skew-facts-canadas-energy-trade
Video with caption: "Video: Trevor Tombe presents the findings of his report on Canada's energy trade on Parliament Hill in Ottawa on March 18, 2014". Video available at: http://stream1.newswire.ca/cgi-bin/playback.cgi?file=20140318_C5864_VIDEO_EN_38104.mp4&posterurl=http://photos.newswire.ca/images/20140318_C5864_PHOTO_EN_38104.jpg&clientName=The%20School%20of%20Public%20Policy%20%2D%20University%20of%20Calgary&caption=Video%3A%20Trevor%20Tombe%20presents%20the%20findings%20of%20his%20report%20on%20Canada%27s%20energy%20trade%20on%20Parliament%20Hill%20in%20Ottawa%20on%20March%2018%2C%202014&title=THE%20SCHOOL%20OF%20PUBLIC%20POLICY%20%2D%20UNIVERSITY%20OF%20CALGARY%20%2D%20New%20report%20reveals%20energy%20sector%20adds%20%249000%20per%20Canadian%20household%20%2DEngine%20of%20Canada%27s%20Economy&headline=New%20report%20reveals%20energy%20sector%20adds%20%249000%20per%20Canadian%20household%20%2DEngine%20of%20Canada%27s%20Economy
SOURCE: The School of Public Policy - University of Calgary
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