BOGOTA, Colombia — (AP) The Canadian gas boom is creating 1,000 jobs and boosting the economy by more than $1 billion, the country’s central bank said Wednesday.
Canada’s natural gas industry, which has been battered by high prices and political tensions, is expected to expand by a similar amount as demand increases.
The Canadian Association of Petroleum Producers said the boost in gas production would create more than 800 new jobs and bring the economy to nearly $1 trillion.
Canada currently generates about half of its energy from gas.
It produces about half its electricity from natural gas, while the other half comes from coal and natural gas.
Canada has more than 1.3 million residents, about half in Quebec.