A Matter of Fact: How the oil sands benefits Canadians
Industry contributes $9 billion to $10 billion per year to government revenues across the country
Critical Canadian Subsector
5.4% of GDP
Oil and gas is a major driver of Canada’s economy, accounting for 5.4% of direct Gross Domestic Product (GDP) in 2022
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
A Matter of Fact: IEA World Energy Outlook sees long future for oil and gas
The world needs more Canadian energy, not less
Coastal GasLink pipeline construction into the home stretch
98% of pipe installed, all water crossings complete
How natural gas supports one of Canada’s largest manufacturing sectors
'When you think about the demand for more sustainable outcomes: clean air, clean water, clean energy, safe, nutritious, abundant food and electric vehicles, that's more and more and more chemistry'
Canadian oil ‘stepping out on the town’ to overseas markets as countdown on for TMX
More Canadian crude than ever is heading overseas, but many of the tankers aren’t leaving from Canada’s shores
Oil and gas companies lead top performing stocks on the TSX
Highlights ‘the importance of oil and gas in the world’s energy mix for years to come’
New Alberta lithium production test plant up and running as emerging resources gain momentum
Global lithium demand is growing for electronics from cellphones to electric car batteries
Pappano: Why Canadian banks should continue to invest in and finance the oil and gas sector
Canadians live the way we do because we have one of the most productive, innovative, and responsible energy industries in the world
Energy literacy providers push for balanced, sustainable future
'Energy forms and sources are a complex mix, and one doesn’t need to be at the expense of another'
Facts and Data
Over US$227 billion in government revenues from Canada’s natural gas sector expected through 2050
Even under conservative estimates, Canada's natural gas industry is expected to generate billions in government revenues and capex
Private and public expenditure on environmental protection in Canada, 2023 edition
Canada's oil and gas industry accounted for a third of all environmental protection spending between 2018 and 2020
International comparisons of gas flaring among top oil producers
Canada contributed just 0.7% of the global amount of gas flaring despite being the world's fourth-largest oil producer
Over $420 billion in government revenues from the Canadian oil sands sector expected through 2050
Annual government revenues from Canada's oil sands sector expected to rise to US$19.4 billion in 2050