Abstract
The increase in Alberta's gross provincial product over the past decade from $3.9-billion in 1964 to $12-billion last year is largely due to its energy industries. Coal, oil, and gas make up almost all of the 48 percent of the net value of production that comes under the heading of mining. The financial success of the province stems from a happy combination of far-sighted government leadership; the strong tradition of local entrepreneurship; and the interest shown by world financiers in Alberta's energy opportunies. Energy-generated Albertan capital is moving out to seek energy-related opportunities in surrounding areas of the U.S. and Canada. An analysis of the $1.5-billion ethylene complex centered in the Red Deer Area shows that some benefits include ethane extraction, ethylene production, and pipeline products produced for export to improve balance of payments, create new jobs, and produce large revenues for the corporate partners. A tabulation of 57 energy-related projects under construction in Alberta, mid-1975, is given with some financial data. There exists a need for foreign capital, but the Energy Minister of Canada has stated that it is Alberta that will decide what oil, gas, and other energy investments from foreign sources will be acceptable in that province,
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Citation Formats
McIntyre, H.
Alberta outlook: cash and energy team wins business for Alberta.
Canada: N. p.,
1975.
Web.
McIntyre, H.
Alberta outlook: cash and energy team wins business for Alberta.
Canada.
McIntyre, H.
1975.
"Alberta outlook: cash and energy team wins business for Alberta."
Canada.
@misc{etde_7193903,
title = {Alberta outlook: cash and energy team wins business for Alberta}
author = {McIntyre, H}
abstractNote = {The increase in Alberta's gross provincial product over the past decade from $3.9-billion in 1964 to $12-billion last year is largely due to its energy industries. Coal, oil, and gas make up almost all of the 48 percent of the net value of production that comes under the heading of mining. The financial success of the province stems from a happy combination of far-sighted government leadership; the strong tradition of local entrepreneurship; and the interest shown by world financiers in Alberta's energy opportunies. Energy-generated Albertan capital is moving out to seek energy-related opportunities in surrounding areas of the U.S. and Canada. An analysis of the $1.5-billion ethylene complex centered in the Red Deer Area shows that some benefits include ethane extraction, ethylene production, and pipeline products produced for export to improve balance of payments, create new jobs, and produce large revenues for the corporate partners. A tabulation of 57 energy-related projects under construction in Alberta, mid-1975, is given with some financial data. There exists a need for foreign capital, but the Energy Minister of Canada has stated that it is Alberta that will decide what oil, gas, and other energy investments from foreign sources will be acceptable in that province, and what export arrangements can be made. Some specific joint energy developments are discussed, but it is understood that any joint venture will be assessed on a project-by-project basis. (MCW)}
journal = []
volume = {16:12}
journal type = {AC}
place = {Canada}
year = {1975}
month = {Dec}
}
title = {Alberta outlook: cash and energy team wins business for Alberta}
author = {McIntyre, H}
abstractNote = {The increase in Alberta's gross provincial product over the past decade from $3.9-billion in 1964 to $12-billion last year is largely due to its energy industries. Coal, oil, and gas make up almost all of the 48 percent of the net value of production that comes under the heading of mining. The financial success of the province stems from a happy combination of far-sighted government leadership; the strong tradition of local entrepreneurship; and the interest shown by world financiers in Alberta's energy opportunies. Energy-generated Albertan capital is moving out to seek energy-related opportunities in surrounding areas of the U.S. and Canada. An analysis of the $1.5-billion ethylene complex centered in the Red Deer Area shows that some benefits include ethane extraction, ethylene production, and pipeline products produced for export to improve balance of payments, create new jobs, and produce large revenues for the corporate partners. A tabulation of 57 energy-related projects under construction in Alberta, mid-1975, is given with some financial data. There exists a need for foreign capital, but the Energy Minister of Canada has stated that it is Alberta that will decide what oil, gas, and other energy investments from foreign sources will be acceptable in that province, and what export arrangements can be made. Some specific joint energy developments are discussed, but it is understood that any joint venture will be assessed on a project-by-project basis. (MCW)}
journal = []
volume = {16:12}
journal type = {AC}
place = {Canada}
year = {1975}
month = {Dec}
}