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Stephen

figure 5m b/d or 1.825bn bl/year. That's probably, physically, all the resource can stretch to by 2025. There are water, infrastructure, gas supply and labour supply issues.

Figure $100/bl for oil.

Say $182bn pa, but the 'value add' would be less than half that, taking out costs of production. So say $91bn (half).

Currently c. 0.9% of Canadian GDP, but of course by 2020 Canadian GDP will be larger?

There are significant multiplier effects, but a lot of the manpower and steel etc. will have to be imported.

Significant, but not (directly), huge.

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