fromwww.cbc.ca
3 days agoOil industry continues focus on returning cash to investors over new big projects | CBC News
Alberta's oilpatch is generating billions in profits, but much of that is directed toward shareholder payouts rather than new operational expansions. Actual investment nosedived from $80 billion in 2014 to around $30 billion today, indicating that profits are not translating into new projects.
Canada news