The great oil sands era is over

Fort Hills ore preparation plant accepts raw bitumen and prepares it for further processing. (Image courtesy of Suncor.)

With hundreds of balloons, bouquets of flowers and dozens of dignitaries in attendance, the grand opening of the $17-billion Fort Hills oilsands facility last week had all the hallmarks of a celebration.

In truth, it also marked the end of an era: the close of the great oil sands boom.

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