Oil employment in Canada is undergoing a shift: increasing oil sands production no longer requires repeating the mass hiring of previous decades.
Oil employment in Canada faces a different growth model Reuters cites an Energy Safety Canada projection anticipating a reduction of 920 oil sands jobs by 2035, approximately 4%, while production would increase by 6%.
Careers in Energy, a division of Energy Safety Canada, explains that its outlook considers plans, policies and programs announced through March 2026.
Keeping facilities available for longer allows additional production from existing assets, without necessarily building another complete complex.
Additional production investments would also be needed to supply the new capacity.