Business Chief US+CAN Magazine December 2015 | Page 18

Solar Energy
thanks to strong marketing and steady improvements in customer experience .
But while leisure has seen success , Canada ’ s exploration industry has faced a challenging year marked by declining oil prices that have not yet seen a turnaround . It ’ s a decline that has led multinationals like Shell to abandon once promising oil sand projects , which in turn creates less demand for labor and a loss of jobs . The situation has been exacerbated further by the United States administration ’ s decision to TransCanada ’ s Keystone XL pipeline project , leaving the industry to wonder how it will progress in the year ahead .
A changing energy market In the United States , the state of energy in 2015 has been defined in large part by its increasing interest in the renewable market . In August the Department of Energy announced
18 December 2015