Can Canada be a “Green Opportunist” in This Period of Economic Downturn?
Wednesday, March 11th, 2009A day doesn’t pass by without a media report relating to the economic downturn. Irrespective of its origin, architect, beneficiary or solution, a quick and robust solution to reverse this trend is inevitable. In this respect, governments around the world have been busy designing economic stimulus packages, necessitated by the unprecedented loss associated with this dire situation.
In a world of growing demand for energy and rising prices, the Canadian energy sector, a top five world energy producer, generated 5.6% of its national GDP in 2007. Canadian energy exports fuels a great deal of US energy imports, directly and indirectly breathing livelihood and economic sustenance to Canada.
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