Don’t divest from oil and gas, says BlackRock CEO Larry Fink
Renowned financial leader says divestment movement is ‘greenwashing’
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
Cross-Country Employment
599,000 jobs
The oil and gas sector directly and indirectly employed approximately 599,000 people across Canada in 2019
Source: Natural Resources 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
‘Transformational’: More Indigenous communities taking the lead in Canadian oil and gas
Projects improve industry’s environmental performance and enable First Nations self-determination
Coastal GasLink protests hold back Haisla Nation: Chief Councillor Crystal Smith
The arrival of LNG projects has been ‘transformational’ for the community
Lessons from 10 years of the oil and gas divestment movement
Canadians should reject calls to abandon oil and gas and support innovation for cleantech solutions
Knowledge Keeper: Willow Lake Métis Nation CEO Justin Bourque shares his vision for the future of Indigenous equity in the energy industry
Community leader with rich history on the land leveraging industry awareness to bring new approach
Why natural gas is seen as Africa’s ‘saving grace’
Leaders push back on COP26 calls to shut down oil and gas as energy poverty increases
A Matter of Fact: More Canadian oil could be helping the U.S. right now
The U.S. should say yes to more oil from Canada and no to more oil from Russia and OPEC
Oil and gas good news boosts outlook in Atlantic Canada
Major project to proceed, First Nations announce plans for first-ever equity ownership offshore Newfoundland and Labrador
Commentary: Canada’s ‘Just Transition’ exercise is a horrible idea for Indigenous communities
Responsible development contributes to overall reconciliation and Indigenous self-determination
A Matter of Fact: Oil and gas ‘leave it in the ground’ narrative flawed and misleading
Report doesn't reflect what is going on in global energy markets
Analysts ‘tantalized’ by opportunities as Line 3 nears completion
Project could open new pathway to refineries on U.S. Gulf Coast
University of Calgary not abandoning oil and gas
Undergrad program expands into more diverse energy sources as industry seeks a low carbon future
Clean hydrogen megaprojects in Alberta could trigger big energy industry expansion
Domestic and export opportunities could boost demand for natural gas and CCS
Yager: A “Just Transition” for Canada’s massive oil and gas industry is impossible
Energy export customers already have the electricity a shift to renewables would produce
B.C. First Nations move closer to realizing LNG projects
Haisla, Nisga’a Nations advancing two major natural gas export opportunities
Billions in oil and gas expansion underway – just not in Canada
Russia, Qatar, Norway, UAE among those pursuing growth
The next generation of Canadian nation building
Not-for-profit championing Indigenous-led multi-modal resource corridors to advance unity, prosperity and sustainability
Oil and gas divestment hampers path to emissions reduction: new Canada pension fund CEO
CPP Investments has no plans to divest
Oil sands an unparalleled opportunity to supply global demand for ‘friendly oil’
Analysts say Canadian companies ahead of the curve on improving ESG performance
Indigenous-owned company sees revival thanks to Coastal GasLink
Duz Cho Construction in northeastern B.C. thriving again clearing route for natural gas pipeline
Context and Commentary
Commentary: The numbers tell the story – oil and gas is important to the B.C. economy
Thousands of jobs and billions in trade underscore a key piece of B.C. prosperity
Commentary: Why oil and gas matters to Ontario
Analyzing ‘on the ground’ realities for local businesses and employment
Commentary: How Atlantic Canada is missing the oil and gas boom
The benefits of development are clear, and could be even bigger
Commentary: Energy poverty in Europe is linked to expensive renewables
Millions struggling to heat their homes and pay their utility bills
Facts and Data
$18 billion and 62,000 jobs: The impact of oil and gas (and Alberta) on BC’s economy
Canada’s oil and gas sector plays significant role fueling BC's economy with jobs and economic benefits
$193 billion and 71,000 jobs: The impact of oil and gas (and Alberta) on Ontario’s economy
How the oil and gas industry helps fuel economic prosperity and employment in Canada's largest province
20,000 jobs and $11 billion: The impact of oil and gas (and Alberta) on Atlantic Canada’s economy
How the oil and gas industry helps fuel economic prosperity and employment in Canada's four Maritime provinces
Energy poverty in European households: An advance lesson for Canadians
Europe's electricity prices have soared as nations lean more heavily on renewables to replace fossil fuels