Andrew Leach at macleans.ca took issue on Monday with the idea Canada’s economy is overly dependent on oil production.
Leach notes that both the oil industry and oil industry critics tend to over-estimate the share oil represents of the value of all goods and services produced in the country during the year. These people will estimate that oil makes up about 30 to 40 percent of GDP, in other words.
The reality is more like 10% today, down from 12% in 1997.
Leach goes through a raft of other measurements that support his position.
Fair enough.
But what about particular parts of the country?
