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Canada economic growth

Figure 2 illustrates that except for the anomalies related to the World War II, Canada s economic growth as measured by real (or uninflated) gross domestic product has been accompanied by nearly parallel growth in energy consumption. [Pg.220]

Figure 2. Economic growth and energy consumption in Canada (1940-1970)... Figure 2. Economic growth and energy consumption in Canada (1940-1970)...
Canada has now had 25 years of almost uninterrupted economic growth. In other words, there has been neither a major economic depression arising from internal domestic causes nor one developed in sympathy with continental or world events. Neither has there been an international armed conflict of sufficient proportion to cause world, continental, or Canadian economic depression of course, it is generally... [Pg.222]

Actually, a slightly more sophisticated approach has been taken. For the years 1970 to 1985, the economic forecast is based in some detail on the relations between economic growth and growth in population, human productivity, and capital productivity, and projections of these determinants. Beyond 1985, however, the 1985 "rear gross domestic product has been simply extrapolated at a constant compound growth rate of 4.7%. The result, shown in Figure 4, indicates that in the year 2000 Canada s gross domestic product could be about 215 billion relative to today s 55 billion. (These numbers are in constant or uninflated dollars, related for statistical convenience to the year 1961.)... [Pg.223]

Figure 5 shows the result. If the historical relationship between economic growth and energy consumption continues and if the economic forecast is approximately correct, then by the year 2000 Canada will be consuming over 20 quadrillion Btu s compared with slightly over 5 quadrillion in 1970. This is less than one-third of United States consumption today. On a per capita basis, it would mean that for each of the 35 million Canadians assumed at that time, about 585 million Btu s would be consumed annually compared with about 250 million today. (Again the competent economists quoted earlier suggest that per capita consumption in the United States will reach 450 million Btu s as early as 1985.)... [Pg.224]

Figure 5. Economic growth and energy demand in Canada... Figure 5. Economic growth and energy demand in Canada...
M. Dyck, M. Fairlie, R. S. Me Millan, and V. Scepanovic, Hydrogen Systems A Canadian Opportunity for Greenhouse Gas Reduction and Economic Growth . Paper presented at the EIC Climate Change Technology Conference, Ottawa, Canada, May (2006). [Pg.82]

Economic Aspects. Merchant sulfur dioxide is produced by eight North American manufacturers the total was about 410,000 metric tons in 1994 (310,000 in the United States, 90,000 in Canada). The largest producers in the United States are Rhc ne-Poulenc (from sulfur trioxide reduction by sulfur) and Hoechst Celanese. There is also a larger captive production. Growth of merchant sulfur dioxide is projected at 2—3%/yr. The mid-1995 price was 0.25/kg. [Pg.147]


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Economic growth

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