00000nam 2200000zi 4500 9.888863 CaOODSP 20250107144054 m o d f cr cn||||||||| 200702t20202020oncd obs f000 0 eng d 9780660354545 CaOODSP eng rda CaOODSP n-cn--- CS11-626/2020-109E-PDF Wang, Weimin, 1963- author. The decline in production and investment in Canada's oil and gas sector and its impact on the economy / by Weimin Wang. [Ottawa] : Statistics Canada = Statistique Canada, 2020. ©2020 1 online resource (8 pages) : charts. text txt rdacontent computer c rdamedia online resource cr rdacarrier Economic insights, 1927-503X ; no. 109 Issued also in French under title: La baisse de la production et des investissements dans l’industrie du pétrole et du gaz au Canada et les répercussions sur l’économie. Issued also in HTML format. Cover title. "Release date: July 8, 2020." "Catalogue no. 11-626-X-2020007 - No. 109." Includes bibliographical references (pages 7-8). "This Economic Insights estimates the economic impact of the potential decline in production and investment in the oil and gas industry due to recent shocks in oil prices. Oil prices dropped sharply in March as the COVID-19 pandemic unfolded and as Russia and Saudi Arabia failed to reach an agreement to support oil prices by limiting production. In response, oil companies in Canada reacted by adjusting down both capital expenditures and production plan in 2020. This article uses input-output multipliers to estimate the impact of such cut backs in production and investment on GDP growth and jobs in the total economy under different scenarios"--page 1. COVID-19 (Disease) Economic aspects Canada Statistics. Petroleum products Prices Economic aspects Canada. Statistics lcgft Statistics Canada, issuing body. La baisse de la production et des investissements dans l’industrie du pétrole et du gaz au Canada et les répercussions sur l’économie / (CaOODSP)9.888862 Economic insights (Statistics Canada) no. 109. (CaOODSP)9.506764 PDF 194 KB https://publications.gc.ca/collections/collection_2020/statcan/11-626-x/11-626-x2020007-eng.pdf HTML N/A https://www150.statcan.gc.ca/n1/pub/11-626-x/11-626-x2020007-eng.htm