Source: Tony Seskus, CBC News, June 12, 2018
Industry forecast says rise in production expected to be driven largely by oilsands
Driven by growth in Alberta’s oilsands, Canada’s total oil production should increase to 5.6 million barrels per day by 2035 — a 33 per cent increase over 2017 levels, according to a new industry forecast.
But the report by the Canadian Association of Petroleum Producers (CAPP) also says that the country needs to become more competitive and build more pipelines if it wants to get that oil to new markets.
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