Premier Smith highlighted that oil is undeniably Canada’s most valuable export.

Started by Bosmanbusiness, 2025-06-02 13:19

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

Danielle Smith's tweet emphasizes the significant economic potential of oil production and exportation for Canada. She highlights that if certain oil pipeline projects such as Northern Gateway, Keystone, and Energy East were to be completed, they would lead to an increase in oil production by 2.5 million barrels per day, contributing $55 billion annually to the country's GDP.
Screenshot_20250602-035551.png
This translates to $17 billion in additional revenue for the Alberta government and an estimated equal amount for the federal government. Smith underscores that oil is Canada's most valuable export and that the benefits of such projects extend beyond ideological debates, suggesting that the focus should be on the tangible economic gains and the overall national interest. She also points out the vast oil reserves in Canada, estimated at $9 trillion, questioning the logic of leaving such resources un