10
KEY FACTS on Canada’s Natural Resources
1
EMPLOYMENT
OTHER SECTORS (16, 000,000 jobs)
NATURAL RESOURCES
1.75 Million jobs
In 2015 natural resources
directly and indirectly
accounted for 1.75 million
jobs in Canada.
900,000 indirect jobs
845,000 jobs
MINERALS AND METALS
375,000 jobs
In 2015, natural resource companies invested $107 billion, representing
over 40% of total non-residential capital investment in Canada.
$3 B
$107 Billion
MINERALS AND
METALS 3.3%
FOREST 1.2%
4
MAJOR PROJECTS
There are over 400 major resource
under construction or
$691 Billion projects
planned over the next 10 years in
$598 B
Billion Dollars
600
450
300
Canada, worth $691 B in investment.
$90 B
150
$2 B
0
ENERGY
MINERALS AND METALS
FOREST
Data Sources: Natural Resources Canada, provincial and territorial governments, specialized databases, various company websites
6
REVENUES TO GOVERNMENT
$27 Billion/year
Amount governments have
derived annually on average
from the natural resources
sectors (2010–2014).
EXPORTS Canada’s natural resource exports were valued at
$220 B in 2015. Main export destinations: USA
$220 Billion (76%), the United Kingdom (6%) and China (4%).
Main Export
Destinations
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
7
ENERGY 7.2%
direct
Data Source: Natural Resources Canada estimates, based on
Statistics Canada data (National Accounts)
$90 B
Data Sources: Natural Resources Canada estimates based on Statistics Canada data
5
12% Natural Resources
Other Sectors
$15 B
INVESTMENT IN
OTHER SECTORS
5% Natural Resources
83%
FOREST
200,000 jobs
CAPITAL EXPENDITURE
of GDP
Canada’s natural resource sectors accounted
for 17% of nominal GDP in 2015.
indirect
ENERGY
270,000 jobs
Data Source: Natural Resources Canada estimates, based on
Statistics Canada data (National Accounts)
3
2 17%
GROSS DOMESTIC PRODUCT
6%
76%
($13 B)
($167 B)
4%
($10 B)
Data Source: Natural Resources Canada calculations, based on Statistics Canada data
CANADIAN ASSETS ABROAD
In 2014, the total value of publicly traded Canadian extractive company
assets was $578 B.
8
WORLD ENERGY DEMAND
The International Energy Agency (IEA) projects that by 2040, the
world will need 32% more energy than is being produced today.
2040
Of those assets,
$236 B
were located outside of Canada,
in 124 countries.
2014
Data Source: Natural Resources Canada based on company filings.
9
All of the increase expected
to come from non-OECD
countries, with over 60%
coming from non-OECD Asia.
Data Source: International Energy Agency
ENERGY INTENSITY
Canada used 25.3% less energy per dollar of GDP in 2013 than 1990.
105
100
25.3%
95
90
10
FOREST COMMUNITIES
The forest sector directly accounts
20% of the income in
171 Municipalities for171overmunicipalities
across Canada.
85
80
75
70
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2013
Data Source: Natural Resources Canada calculations
Totals may not add up due to rounding.
For the purpose of this analysis, coal and uranium mining are included in the minerals and metals sector total.
August 2016
© Her Majesty the Queen in Right of Canada, as represented by the Minister of Natural Resources, 2016
Data Source: Natural Resources Canada calculations, based on Statistics Canada data