Critical Canadian Subsector
7.2% of GDP
Oil and gas is a major driver of Canada’s economy, accounting for 7.2% of direct Gross Domestic Product (GDP) in 2022
Source: Government of Canada
Cross-Country Employment
412,000 jobs
Canada's oil and gas sector directly and indirectly employed about 412,000 people across the country in 2022
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
AI-driven data centre energy boom ‘open for business’ in Alberta
Alberta Electric System Operator working with at least six new proposed projects
Analyst says LNG Canada likely to start exports before year-end
Canada’s first liquefied natural gas export terminal ‘on the cusp’ of its testing phase
Start-up of Trans Mountain expansion ‘going very well’ as global buyers ink deals for Canadian crude
Chinese refiner pays about US$10 more for oil off TMX compared to sales value in Alberta
Game changer: Trans Mountain pipeline expansion complete and starting to flow Canada’s oil to the world
'We're going to be moving into a market where buyers are going to be competing to buy Canadian oil'
Survey finds Canadian women want more balanced energy policy
32% of engaged women disagree that current energy policies are right for them and their families
B.C. expects doubling of natural gas revenues with startup of LNG Canada
Royalties help pay for public services like health care, hospitals, education and schools
Nine major insights from Shell’s latest global LNG outlook
Led by growing demand in China and the need for energy security, LNG is playing an increasingly important role in global gas supply
NATO reps say U.S., Canada oil and gas critical for energy security
'The traditional energy system will not disappear in a day'
Facts and Data
Oil and gas in the global economy through 2050
The world will continue to rely on oil and gas for decades to come, according to the International Energy Agency
The importance of Canadian crude oil to refineries in the U.S.
Oil from Canada supplies more than 23% of U.S. refinery feedstock, helping bolster North American energy security