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Oil and Gas Project Inventory Declines Despite Strong Prices; Mining Stable

Oil and gas and mining investments are foundational to the Canadian economy. The inventory of planned investments and those projects underway can signal future contributions to Canadian economic growth. While the inventory of planned mining projects has remained relatively stable over the past decade, the oil and gas project inventory has declined significantly, dropping in recent years despite strong oil prices. For more on ways governments can help speed Canada’s major project approvals, see recent C.D. Howe Institute research.

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