Petro-Canada Leads Top 10 List of Industrial Spending Companies in Canada

SUGAR LAND--August 5, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--As highlighted in a recent article titled - Extractive Industries Push Planned Industrial Project Spending in Canada to $386 Billion, Canada's Oil & Gas, Refining and Metals & Minerals industries are leading in the development of a record number of planned industrial projects in that country. The top 10 companies for project spending in Canada are all in the oil & gas or power generation sectors. This highlights the importance of energy supply as a major driver of capital spending programs in Canada. Petro-Canada Incorporated (NYSE:PCZ) (Calgary) leads with more than $23 billion across 53 active projects, followed by Canadian Natural Resources Limited (NYSE:CNQ) (Calgary) with 26 projects totaling $19 billion. Other companies on the list include Suncor Energy Incorporated (NYSE:SU) (Calgary) and Nexen Incorporated (NYSE:NXY) (Calgary).