Smith and Carney Predict Canada Will Be Ready for New Oilsands Boom

Smith and Carney Predict Canada Will Be Ready for New Oilsands Boom

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This announcement comes as experts Smith and Carney suggest that Canada is better prepared for a new oilsands boom compared to the mid-2000s to 2010s. The previous boom caused significant challenges such as cost inflation, labor shortages, and housing scarcity, but the industry has since undergone substantial changes. The current outlook implies improved readiness to handle the economic and social impacts of another surge in oilsands activity.

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Originally published by gnews