The energy sector accounts for a significant part of Canada’s prosperity. The industry is the single largest private sector investor, employing more than 425,000 people.
Three major new mines are expected to open in the Canadian province this year, bringing new jobs and hundreds of millions of dollars in new investment in the province.
It now expects adjusted earnings per share to come in at $5, significantly higher than the $3.75 it had forecast just three months ago and almost doubled the $2.90 it had originally projected for the year.