1990 CANADIAN OUTLAYS TO SHOW INCREASE

Canadian spending for capital and exploration items will ease out of the doldrums this year. Total outlays will amount to $8.44 billion, an increase of 7.6% from 1989 spending. Upstream spending will rise 7% to $4.96 billion, while downstream outlays will climb 8.4% to $3.48 billion. Canadian spending fell 8.1% to $7.85 billion last year. Exploration and production spending fell 20.9% to $4.64 billion, and downstream spending moved up 20% to $3.2 billion.

Feb 19th, 1990
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