Boasting 178 billion barrels of proven oil reserves and close to 58 Tcf of proven natural gas reserves as of 2009, Canada is the world's largest reserve holder after Saudi Arabia and the top supplier of U.S. energy imports. Canada is also home to the world's most expansive oil sands deposits, the development of which extracts and processes a heavy, tar-like crude bitumen that comprises the bulk of the country's reserves. Canada's oil and natural gas sector is privatized, with industry regulation occurring at the provincial level.
Business Development focuses on finding new growth opportunities for the organization, whether it is through acquiring new customers, market expansion and/or brand awareness. The primary goal is to build partnerships that allow leverage to drive revenue. Although often thought to be synonymous with sales, business development involves a mix of negotiations, marketing, networking, and project management to create long-standing relationships and profitability.