10
KEY FACTS on Canada’s Natural Resources
1 1.8
EMPLOYMENT
2
OTHER SECTORS (16, 000,000 jobs)
NATURAL RESOURCES
900,000 indirect jobs
Million jobs
In 2014 natural resources
directly and indirectly
accounted for 1.8 million
jobs in Canada.
5%Natural Resources
indirect
FOREST
200,000 jobs
900,000 jobs
FOREST 1%
MINERALS AND
METALS 4%
15% Natural Resources
80%
MINERALS AND METALS
400,000 jobs
direct
Other Sectors
ENERGY
300,000 jobs
Data Source: Natural Resources Canada estimates, based on
Statistics Canada data (National Accounts)
3 $26
GROSS DOMESTIC PRODUCT
natural resource sectors accounted
for almost one-fifth of nominal GDP in 2014.
20% of GDP Canada’s
ENERGY 10%
Data Source: Natural Resources Canada estimates, based on
Statistics Canada data (National Accounts)
4
REVENUES TO GOVERNMENT
Billion/year
$570 B
600
Billion Dollars
Amount governments have
derived annually on average
from the natural resources
sectors (2009-2013).
MAJOR PROJECTS
Over $700 Billion
450
300
Over $700 B worth of investments in
natural resources projects are under
construction or planned over the
next 10 years.
$139 B
150
$2 B
0
ENERGY
5
EXPORTS
$259 Billion
Main Export
Destinations
78%
($201 B)
6
Canada’s natural resource exports were valued at
$259 B in 2014. Main export destinations: USA
(78%), the United Kingdom (5%) and China (4%).
5%
The International Energy Agency (IEA) projects that by 2040, the
world will need 37% more energy than is being produced today.
2040
37%
($10 B)
97% of the increase expected to
come from non-OECD
countries, with over 60%
coming from non-OECD Asia.
2014
Data Source: Natural Resources Canada calculations, based on Statistics Canada data
7
FOREST
WORLD ENERGY DEMAND
4%
($12 B)
MINERALS AND METALS
Data Sources: Natural Resources Canada, provincial and territorial governments, specialized databases, various company websites
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
Data Source: International Energy Agency
CANADIAN ASSETS ABROAD
The total value of Canadian extractive company assets was $524 B
in 2013.
Of those assets,
8
ENERGY INTENSITY
Canada used 27% less energy per dollar of GDP in 2012 than 1990.
105
100
27%
95
$205 B
90
85
were located outside of Canada,
in over 120 countries.
80
75
70
Data Source: Natural Resources Canada estimates based on company filings
9
MINERALS AND METALS PRODUCTION
Global ranking
Canada ranks among the
top 3 global producers
for potash (1st),
uranium (2nd) and
aluminum (3rd).
2
Uranium
Data Source: U.S. Geological Survey
1
Potash
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
Data Source: Natural Resources Canada calculations
10
FOREST COMMUNITIES
accounts
171 Municipalities Thefor overforest20%sectorof thedirectly
income in
171 municipalities across Canada.
3
Aluminum
Data Source: Natural Resources Canada calculations, based on Statistics Canada data
July 2015
© Her Majesty the Queen in Right of Canada, as represented by the Minister of Natural Resources, 2015