THE Australian Government’s export development agency says Canada is offering significant export opportunities for Australian businesses, especially in the resources and infrastructure sectors.
Canada’s oil fields are second only to Saudi Arabia’s in size, with large projects underway offering considerable export prospects for Australia, according to Austrade’s senior business development manager Greg Coelho.
“Oil Sands mining projects, about 750 km north of Calgary in Alberta, contains 175 billion barrels of recoverable oil,” Coelho said.
“Australian companies operating in the mining and resource sectors are making in-roads in Canada. Transfield Services’ joint venture Flint Transfield Services secured a $1.1 billion five-year contract from Suncor Energy in Calgary,” he said.