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Canada Oil and Gas Growth Requires Billions Annually
The Gordon Commission forecasts $25 billion yearly capital needs for Canada’s oil and gas through 1980, averaging the equivalent of one St Lawrence Seaway each year. Past investment, about $5.3 billion from 1946 to 1958, must grow many times to meet targets, needing incentives and a favorable political climate fostered by government action.
MENTIONED IN THIS ARTICLE
St. Lawrence Seaways
Gordon Royal Commission
Canada
St. Lawrence Seaway
Gordon Commission