Reflections on Canada?s Fossil Fuels

THIS PAPER will review Canada's fossil fuel situation as we understand it today and indicate some of the options available to meet our energy requirements during the next 15 years. It would therefore be helpful to examine Canada's total energy requirements and discuss the un certainties of the data base on which we must base future energy investment decisions. On the world scene, Canada is at the top of the energy-consuming nations, using about 49 bbls of oil equivalent per caput/ year. This appears to be slightly ahead of the U.S. and of course much higher than that of many countries. It is generally accepted that there is a more or less direct relationship between energy consumption and material standard of living. However , as we know, Canada, when compared with other industrialized countries on a GNP, an individual-income or some other standard basis, is lower in the list. This situation may be explained by our more severe climate and a relatively small population distributed over a land mass second only to that of the Soviet Union.