Canada's Largest Subsector

10.6% of GDP

Energy is the largest subsector of Canada’s economy, accounting for $221 billion, or 10.6% of nominal GDP in 2018. *Includes electricity (1.6%) and energy construction (1.4%)
Source: Natural Resources Canada

Cross-Country Employment

540,000 jobs

The oil and gas sector directly and indirectly employed approximately 540,000 people across Canada, according to the most recently available data
Source: Statistics Canada

Stable Source of Revenue

$493 billion

Oil and gas generated $493 billion in gross revenues for federal, provincial and municipal governments between 2000 and 2018, an average of $26 billion per year
Source: Statistics Canada

Context and Commentary

Facts and Data