Archive for May 19th, 2015

Employment Impacts report available for download!

Posted May 19, 2015 by Blog AdministratorLabour Market Information

In 2014, the oil and gas industry spent more than $125 billion on exploration, development and production activities in Canada, supporting more than 720,000 direct and indirect jobs. With an anticipated $31 billion reduction in capital and operational expenditures in 2015, the Canadian economy could lose as many as 185,000 direct and indirect jobs related to the oil and gas industry, a 25 per cent decline from 2014, if spending patterns were to remain the same when compared with previous years.

This is according to a new employment impact assessment released today by the Petroleum La... Continue reading