Three-quarters of the workers in Canada’s oil and gas industry could lose their jobs due to the government’s green energy strategy, according to a new report, which calls for developing measures to secure workers’ job transition.
Published by TD Economics on Tuesday, the report estimates that 50-75 percent of the 600,000 workers in the oil and gas sector, or roughly 312,000-450,000 workers—mostly located in Alberta, Saskatchewan, and Newfoundland and Labrador—are at risk of displacement as a result of Canada’s commitment to cut carbon emissions.
