The Canadian oil and gas industry has a growing influence on the global stage. With approximately 500 Canadian companies actively participating, supporting 500,000 jobs across the country in the industry, it’s no wonder Canada is seen as an energy leader. Our industry contributes over $116 billion a year to the Canadian economy, and has welcomed on average over $41 billion a year in new investments. The Canadian oil and gas industry is the leading largest recipient of private sector investment in Canada. The oil and gas industry contributes 6.5 percent to Canada’s GDP.
Facts and Figures
- The oil and gas industry represents about 20% of the Toronto Stock Exchange
- The industry creates almost $200 billion of revenue per year
- 6% of those working in oil and gas identify as indigenous