Antunes: Alberta Oil Production Will Be Recovered

The video discusses the temporary production shutdowns in Alberta, initially estimated to cost 1.2 million barrels a day for 14 days. Recent developments may extend this period. However, the impact is expected to be temporary, with recovery in the third quarter. Economic effects will be mitigated in 2016 due to other provincial activities, including firefighting and rebuilding efforts, which will contribute to GDP growth, mainly in 2017.

What factors are expected to mitigate the economic impact of the shutdown in 2016?

In which year is most of the GDP growth from the rebuilding effort expected to occur?