In 2050, Canada could be enjoying a vibrant, diverse economy and an international reputation as a developer of energy production and conservation technologies, innovative transportation products, and other value-added innovations. our economy would produce a much higher rate of GDP per unit of energy consumed, drastically improving our energy productivity. rather than bulk exporters of hydrocarbons, Canadians could be global leaders in the design, engineering, and manufacturing of sophisticated energy services.
This prosperity could be the direct outcome of a joint industry-government innovation fund that might set aside a portion of oil and gas revenues. Such a fund could establish leading-edge research facilities and support job training programs across the country.