Critical Canadian Subsector

5.6% of GDP

Oil and gas is a major driver of Canada’s economy, accounting for 5.6% of overall Gross Domestic Product (GDP) in 2020.
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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