Critical Canadian Subsector

10.2% of GDP

Energy is a major driver of Canada’s economy, accounting for $219 billion, or 10.2% of nominal GDP in 2019. *Includes energy indirect (3.0%), electricity (1.7%) and ‘other’ (0.2%)
Source: Natural Resources Canada

Reducing Emissions Intensity

Down 22%

Oil sands producers reduced GHG emissions intensity by 22% from 2011 to 2019
Source: Alberta Environment and Parks

Indigenous Opportunities

$15 billion

Oil sands producers spent over $15 billion with Indigenous-owned businesses since 2012, including a record $2.4 billion in 2019
Source: BMO Capital Markets, CAPP

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