First published in 1983, Offshore Oil is an early and prescient analysis of the prospects for oil and gas development off Canada's east coast.
The book examines the potential of offshore oil to provide growth in Canadian industries. As development proceeds huge sums will be invested and oil companies' needs include platforms, drilling rigs, ships, plants and a host of smaller items such as drills, pumps, transformers and electronic equipment. This presents opportunities not only for traditional industries such as steel and shipbuilding but also for the high-technology sector.
Offshore oil holds the prospect of energy self-sufficiency for Canada and of better times for the depressed Atlantic economy. But development of gas could also bring a "boom and bust" that damages the region's social and economic fabric. This book considers both possibilities.
About the author
ROGER VOYER is an Adjunct Professor, in the Faculty of Administration, University of Ottawa. Previously, he was the Research Director at the Science Council of Canada and Executive Director of the Canadian Institute for Economic Policy.