Transportation at a Glance
Despite the cancellation of Keystone XL, other projects and innovations are stepping in to restore the energy industry and meet projected increases in global demand. These projects are designed to boost the oil and gas industry across Canada and provide significant economic benefits to the province of Alberta.
Alberta's Industrial Heartland
Alberta's industrial heartland is Canada’s largest hydrocarbon processing center and is currently home to over 40 companies that participate in the province’s industrial economy. Capital investment in this region has surpassed $50 billion with several ongoing projects nearing completion and future development plans continuing to progress.
Hydrogen Energy in Alberta
Canada has certain advantages that positions the nation to lead the global hydrogen movement, including high hydroelectric generation and freshwater capacity, production resources, and proximity to international markets. Canada is within the top 10 hydrogen producers in the world today. A large part of Canada’s ability to produce hydrogen comes from Alberta’s fossil fuel reserves, coupled with carbon capture and storage systems.
Why Edmonton could stem Canada’s supply chain chaos
As businesses franticly reroute goods across the country, Edmonton’s connection to Asia, rapid rail lines, and low industrial costs could be the answer to Canada’s supply chain chaos.
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