on Canada’s Natural Resources 1 2 GROSS DOMESTIC PRODUCT · 10 KEY FACTS on Canada’s Natural...
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10KEY FACTS on Canada’s Natural Resources
Canada used 25.5% less energy per dollar of GDP in 2014 than 1990. The forest sector directly accounts for over 20% of the income in 171 municipalities across Canada.
1.74 Million jobs
OTHER SECTORS (16 Million jobs)
INVESTMENT IN OTHER SECTORS
MORE ENERGY NEEDED BY 2040
NATURAL RESOURCES
858,000 indirect jobs
Canada’s natural resource sectors accounted for 16% of nominal GDP in 2016.16% of GDP
FOREST 1.3%
4.4%
38%
11.3%
84%
Natural Resources INDIRECT
Natural ResourcesDIRECT
Nominal GDP
Other Sectors
In 2016 natural resources directly and indirectly accounted for 1.74 million jobs in Canada.
171 Municipalities
886,000 jobsMINERALS AND METALS403,000 jobs
ENERGY261,000 jobs
ENERGY 6.5%
FOREST222,000 jobs
Data Source: Natural Resources Canada estimates, based on Statistics Canada data (Natural Resources Satellite Account)
Data Source: Natural Resources Canada estimates, based on Statistics Canada data (Natural Resources Satellite Account)
Data Source: Natural Resources Canada calculations, based on Statistics Canada data
Data Sources: Natural Resources Canada estimates based on Statistics Canada data
Data Source: Natural Resources Canada calculations
In 2016, natural resource companies invested $90 billion, representing over 38% of total non-residential capital investment in Canada.
Data Sources: Natural Resources Canada estimates based on Statistics Canada data, Canadian Association of Petroleum Producers, Mining Association of Canada, Canadian Council of Forest Ministers
$25 Billion/yearAmount governments have derived annually on average from the natural resources sectors (2011–2015).
2014201220102008200620042002200019981996199419921990
0.75
0.70
0.80
0.85
0.90
0.95
1.00
1.05
25.5%
Of those assets, were located outside of Canada, in 124 countries.
Total value of publicly traded Canadian extractive company assets in 2015.
$684 Billion$90 Billion
$582 Billion
ENERGY$74 B
MINERALS AND METALS
$13 B
There are over 470 major resource projects under construction or planned over the next 10 years in Canada, worth $684 B in investment.
Data Sources: Natural Resources Canada, provincial and territorial governments, specialized databases, various company websites
MINERALS AND METALS 3.4%
$201 BillionCanada’s natural resource exports were valued at $201 B in 2016. Main export destinations: USA, the United Kingdom and China.
Main Export Destinations
Data Source: Natural Resources Canada estimates, based on Statistics Canada data (Natural Resources Satellite Account)
FOREST$2 B
The International Energy Agency (IEA) projects that by 2040, the world will need 31% more energy than is being produced today.
Data Source: International Energy Agency
2014
2040
Totals may not add up due to rounding.
Data Source: Natural Resources Canada based on company filings.
Billio
n Doll
ars
FORESTENERGY MINERALS AND METALS
$601 B
$80 B $3 B
31%
Non-residential capital investment
Canada
All of the increase expected tocome from non-OECD countries,with over 60% coming from non-OECD Asia.
August 2017© Her Majesty the Queen in Right of Canada, as represented by the Minister of Natural Resources, 2017
$226 Billion
ENERGY USE INTENSITY PER CAPITA
1 EMPLOYMENT 2 GROSS DOMESTIC PRODUCT
3 CAPITAL EXPENDITURE 4 MAJOR PROJECTS
5 REVENUES TO GOVERNMENT
8 WORLD ENERGY DEMAND
10 FOREST COMMUNITIES9 ENERGY INTENSITY
7 CANADIAN ASSETS ABROAD
6 EXPORTS