After two years of sharp drops in business, the Canadian oil drilling industry expects a small increase in business in 2017. There is optimism, but the organization said the Canadian oil and gas industry faces an uphill battle"We have to be very cautious in how excited we become. While Donald Trump has yet to be sworn in as president, he is regarded as a supporter of the business community and the oil industry, in particular. New technologyDuring the downturn, the oil and gas industry as a whole has tried to cut costs and use new technology to find savings. "The rigs of the future will drill wells faster, more efficiently and with more consistency while reducing risk."

Source: CBC News November 22, 2016 16:28 UTC