POWER TUBE CANADA To become the Canadian leader in quality non-polluting cost-effective energy.
Power Tube Canada is helping the world's environment by producing non-polluted, renewable and low cost energy for your home, business and industries.
" You can't build a reputation on what you're going to do."
2007 marked a year of rising and fluctuating energy prices and Canadians were not isolated from this phenomenon. While Canada is a net exporter of crude oil, natural gas and electricity, high energy costs can still be a burden for consumers and the industry. The growing strength of the Canadian dollar compared to the U.S. dollar helped mitigate some of the impact of rising global energy prices on Canadian consumers. Despite higher energy costs, Canadian energy demand increased by 2.8 percent, reflecting strong population and economic growth, particularly in the first half of 2007.
Canadian Energy Overview 2007 from the National Energy Board
THE MARKET
In 2005, the largest source of energy consumption in Canada was oil (31 percent), followed by hydroelectricity (25 percent) and natural gas (24 percent). Both coal (12 percent) and nuclear (7 percent) constitute a smaller share of the country’s overall energy mix. From 1985-2005, Canada’s overall energy mix has remained relatively stable, though hydroelectricity has decreased from 31 percent to 25 percent.
