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Fort McMurray’s Oil Future in Flux | Calgary News
Fort McMurray, Canada’s oil sands heartland, faces a turbulent future as global energy shifts threaten its economy. A new report examines the fallout from a controversial agreement to double oil production—just as automation slashes jobs and demand for fossil fuels plummets. With companies consolidating, workers bracing for massive layoffs by 2040, and global events like Middle East conflicts both boosting Canadian oil’s appeal and accelerating the push to electric vehicles, the community is left scrambling. While a new pipeline promises a revival, critics warn it could saddle taxpayers. The…
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