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10 KEY 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 Resources DIRECT Nominal GDP Other Sectors In 2016 natural resources directly and indirectly accounted for 1.74 million jobs in Canada. 171 Municipalities 886,000 jobs MINERALS AND METALS 403,000 jobs ENERGY 261,000 jobs ENERGY 6.5% FOREST 222,000 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/year Amount governments have derived annually on average from the natural resources sectors (2011–2015). 2014 2012 2010 2008 2006 2004 2002 2000 1998 1996 1994 1992 1990 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 Billion Canada’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. Billion Dollars FOREST ENERGY MINERALS AND METALS $601 B $80 B $3 B 31% Non-residential capital investment Canada All of the increase expected to come 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 COMMUNITIES 9 ENERGY INTENSITY 7 CANADIAN ASSETS ABROAD 6 EXPORTS

Transcript of on Canada’s Natural Resources 1 2 GROSS DOMESTIC PRODUCT · 10 KEY FACTS on Canada’s Natural...

Page 1: on Canada’s Natural Resources 1 2 GROSS DOMESTIC PRODUCT · 10 KEY FACTS on Canada’s Natural Resources Canada used 25.5% less energy per dollar of GDP in 2014 than 1990. The forest

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