Canadian upstream oil and gas investment increased only 15% compared to 41% in the U.S.

Investment in the Canadian and U.S. Oil and Gas Sectors: A Tale of Diverging Fortunes


Canadian upstream oil and gas investment increased only 15% compared to 41% in the U.S.CALGARY—From 2016 to 2018, capital investment in Canada’s upstream oil and gas industry (essentially, exploration and production) increased 15 per cent compared to 41 per cent in the U.S. over the same period, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
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