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The oil sands reserves play an increasingly important role in the economic development of Canada and the United States
What is often not clearly understood is that the large investment in the oil sands industry contributes to increased economic activity in the rest of North America by stimulating demand for goods and services across a wide range of industries
U.S. companies would benefit from higher overall economic activity in Canada, as well as direct purchases of capital equipment and financial services from the Canadian oil sands
It forecast the oil sands development would add $40-billion to the U.S. economy