Economic
contribution Partner benefits
$45 billion/year On average, U.S. output of goods and services will increase by $45 billion/year from 2011 – 2035 due to increased demand from oil sands activity. . Source: CERI 2011
465,000 jobs
Dollars paid for Canadian crude oil are largely reinvested and help drive the North American economy.
U.S. employment resulting from new oil sands developments . is expected to grow from 21,000 jobs in 2010 to 465,000 jobs in 2035. . Source: CERI 2011
23
Economy
Canada and the U.S. share the world’s largest trading relationship. As a result, Americans benefit economically from increased economic activity in Canada. When investment and production ramps up in Canada’s oil sands, the pace of economic activity quickens and demand for U.S. goods and services increases.