Canada: Selected Issues

Publication Date: February 03, 2014
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Summary: The unconventional energy boom has had significant positive effects on Canada’s economic activity and has the potential to contribute even more in the future with the appropriate extension of infrastructure capacity. Our findings suggest that while limited exports capacity would result in output losses over the medium term, the potential output gains from a full market access of Canada’s energy products could reach about 2 percent of GDP over a ten year horizon. Actions can be taken on a number of fronts to resolve transportation constraints and address domestic market segmentation. These include diversifying international export markets for Canadian energy products, which would require building pipeline and export infrastructure to facilitate access to non-U.S. markets. Energy integration between Canada’s western and eastern provinces can be strengthened further, and recent initiatives in this direction are welcome. More generally, there appears to be an important scope to increase inter-industry linkages across Canada that would lead to wider sharing of benefits from the energy sector.
Series: Country Report No. 14/28
Subject(s): Energy sector | Corporate sector | Money | Capital | Selected issues | Canada

Publication Date: February 03, 2014
ISBN/ISSN: 9781616355999/1934-7685 Format: Paper
Stock No: 1CANEA2014002 Pages: 35
US$18.00 (Academic Rate:
US$18.00 )
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