Canadian jurisdictions prove attractive for oil and gas investment
Manitoba gets top billing as a place to invest in Canada, Alberta is ranked 21st overall in annual Fraser Institute survey.
This summer the Fraser Institute released its annual Global Petroleum Survey ranking the best and worst places to invest in oil and gas. Most Canadian oil-producing regions fared pretty well in the survey (not enough data was acquired to rank Ontario or PEI), which polled 623 petroleum industry executives and managers on 18 factors that affect investment decisions. Of the 147 jurisdictions evaluated, only Quebec and New Brunswick finished in the bottom half of the rankings. But at least those provinces still finished ahead of Iraq and Venezuela as investment destinations.
Source: The Fraser Institute