The truth about oil sands costs
Report outlines the sector’s strength should there be a decline in oil prices
Critical Canadian Subsector
7.2% of GDP
Oil and gas is a major driver of Canada’s economy, accounting for 7.2% of Gross Domestic Product (GDP) in 2021
Source: Natural Resources Canada
Cross-Country Employment
600,000 jobs
Canada's oil and gas sector directly and indirectly employed nearly 600,000 people across the country in 2020
Source: Government of Canada
Suppliers Outside Alberta
2,711 businesses
Oil sands producers spent $4 billion with 2,711 Canadian businesses outside Alberta in 2019
Source: Canadian Association of Petroleum Producers
Japan PM sees LNG Canada as a ‘flagship’ facility to help improve world energy security while lowering emissions
Kishida is expected to ask for Canadian LNG as the country looks to replace Russian gas supplies
Cancelling Keystone XL cost thousands of jobs and billions in GDP: U.S. government report
Politicians, Indigenous leaders, and labour unions criticized the cancellation for the significant consequences it could have for both Canada and the United States
Countdown on to Cedar LNG regulatory decision
Indigenous-led project would export some of the world’s cleanest natural gas
Canada’s trillion-dollar rock
Western Canada Sedimentary Basin contains some of the world's largest oil and gas reserves
Fast LNG happens – just not in Canada
One U.S. company alone bringing on five new LNG projects by end of 2024
White Gold: Canada’s surge of lithium exploration could help supply the batteries of the future
Canadian companies could play a major role in the production of battery metals
Trans Mountain, Coastal GasLink launching final year of pipeline construction
The benefits to Canada are already increasing
Context and Commentary
Yager: 2022 – the year fossil fuels once again became a preferred source of reliable, affordable energy
The only part of the demise of oil and gas that was successful was reduced supply
Yager: COP27 – after 50 years, UN-led environmental central planning is failing
The primary goal of governments today is to keep the lights on and economies moving
Pappano: Why the Glasgow Financial Alliance for Net Zero is changing its tune
Stringent Race to Zero policies make no financial sense when oil and gas demand is only increasing
Yager: Political attacks on North America’s oil producers put votes before security
The rest of the world is quickly rewriting energy and climate policies to adjust to new realities
Facts and Data
$495 billion in government revenues from the Canadian oil and gas industry projected over next decade
Canada's oil and gas sector sector can play a key role as a safe, secure, reliable and clean supplier of oil and gas to the world
$8.1 billion and 71,500 jobs: The impact of oil and gas (and Alberta) on Ontario’s economy
Canada's oil and gas sector continues to be a significant contributor to Ontario's economy, from jobs to GDP to purchasing
50 facts about oil and gas: A summary Research Brief
The Canadian Energy Centre's 2022 reference guide to the latest research on the oil and gas industry
Nearly 22,000 jobs and $8.6 billion: The impact of oil and gas (and Alberta) on Atlantic Canada’s economy
Canada's four Atlantic provinces see significant benefits from oil and gas, including jobs and economic prosperity