Energy sector leaders say they’re happy with how 2024 went but fear the stretch of good fortune could end in 2025.
The Canadian Association of Energy Contractors hosted its annual State of the Industry event in Calgary on Friday.
President Mark Scholz says it was a great year.
“We are seeing some of the highest total jobs created in our sector in nearly 10 years,” he said.
“More jobs, more paychecks, more rigs.”
Demand for the product is strong, and market access is slowly improving thanks to two massive Canadian projects.
Global conflicts haven’t hurt, either.
“These events give the whole world a wake-up call on the importance of secure, reliable energy suppliers,” Premier Danielle Smith said as an event speaker.
“Canada should be on the other end of that line.”
But in 2025, that might be easier said than done.
Promised 25 per cent tariffs from U.S. President-Elect Donald Trump have the potential to really hurt the industry.
And most event attendees on Friday are still upset about an …