10 key facts on canada's energy sector · canada. between 2013 and 2017, a total of $ 22.2 b...

July 2018© Her Majesty the Queen in Right of Canada, as represented by the Minister of Natural Resources, 2018

Y.T.

195

B.C.

22,043

N.W.T.

257

Alta.

146,776Sask.

17,789

Man.

5,651

Ont.

42,618

Que.

28,176

N.L.

5,139

N.B.

4,771

N.S.

2,448

P.E.I.

324

Nu.

245

In 2017, the energy sector directly and indirectly contributed 10.6% to Canada’s nominal GDP.

Between 2005 and 2016, Canada’s GHG emissions from production and use of energy decreased 3.7% while real GDP grew by 20.5%.

In 2016, the production and use of energy in Canada accounted for 81% of Canada’s greenhouse gas emissions.

and about 2/3 of electricity generation from renewable sources, placing Canada first in the G7.

$17.8 billion is received annually by government from the energy sector (2012-2016).

Between 1990 and 2015, energy efficiency improved in Canada by 26.5%.

In 2015, these improvements saved Canadians $38.2 billion.

81%

$569 BIn 2016, there were 296 publicly traded Canadian-based energy companies with energy assets totalling $569.3 billion.

$17.8 B

Sources: Environment and Climate Change Canada, National Inventory Report.

Sources: Statistics Canada and Natural Resources Canada data.

Source: Natural Resources Canada estimates based on company filings.

Sources: Natural Resources Canada estimates based on Statistics Canada and Canadian Association of Petroleum Producers data.

Source: Natural Resources Canada National Energy Use Database.

Sources: Bloomberg New Energy Finance (large hydro data unavailable)

Source: Statistics Canada International Merchandise Trade Database.

Sources: International Energy Agency and Oil and Gas Journal.

Source: Statistics Canada, Natural Resources Satellite Account.

26.5%

$129 Bof total bilateral energy trade in 2017.

CANADA’S ENERGY EFFICIENCY

IMPROVEMENT

Energy Sector

OF CANADA’S ELECTRICITY SUPPLY generated from non-GHG emitting sources in 2016

20051990

20162015

GDP

20.5%

3.9%

$181 B

$388 B

$102 BExports to U.S.

Imports from U.S.$27 B

of refined petroleum products

natural gas and electricity

72 countries

in Canada

located in

$7.3 B

$9 B

$1.5 B

Total Taxes Royalties Land Sales largestcrude oil reserves

largesthydro electricity

producer

largestnatural gas

producer

Hydro59%

Gas/oil/others10%

Coal 9%

Non-Hydro Renewables7%

CANADA’S ElectricityNuclear

15%

4th 2nd 3rd

Wind $13.7billion

Small hydro $1.0billion

Solar $6.0

billion

Biomass and Waste $0.6billion

Biofuels$0.9billion

Investment in renewable energy in CanadaBetween 2013 and 2017, a total of $ 22.2 B was invested.

Direct: 276,000 jobs Indirect: 624,000 jobs

900,000 jobsIn 2017, Canada’s energy sector directly and indirectly accounted for 900,000 jobs.

88% 99%of oil

100%

Energy Direct 7.3% Energy Indirect 3.3%

10.6% or

$213 billion

10KEY FACTS on Canada’s Energy Sector

1 EMPLOYMENT 2 GROSS DOMESTIC PRODUCT

3 GHG EMISSIONS 4 ENERGY EFFICIENCY$38.2 B

5 ELECTRICITY GENERATION 6 RENEWABLE ENERGY

8 CANADA-U.S. TRADE

10 CANADA’S POSITION IN THE WORLD9 REVENUES TO GOVERNMENT

7 CANADIAN ENERGY ASSETS

Source: Statistics Canada, Natural Resources Satellite Account.

of savings

U.S. is top destination for Canadian exports: