What does our oil and natural gas industry
mean to Canada?
Would it surprise you to know
the industry supports
more than 500,000 jobs?
These jobs include trades,
business professionals,
scientists and engineers.
And while our oil and natural gas
production is concentrated
in certain regions, they generate
jobs and economic benefits
in every province and territory
in Canada.
This happens through the supply chain.
Oil and natural gas companies purchase a wide
variety of Canadian products and services.
Including steel and trucks from Ontario,
manufacturing and environmental consulting from Quebec,
textiles and cleantech from B.C.
Taxes paid by oil and natural gas
companies total $7 billion a year.
That helps support things like roads,
hospitals and schools all across the country.
The oil and natural gas sector also creates jobs and makes investments
in rural and Indigenous communities
Natural resources are often the main source of economic opportunity
in remote parts of the country.
And Canada’s oil and natural gas
industry is a leading investor
in environmental innovation.
For example, Canada's Oil Sands Innovation Alliance [COSIA]
has invested $1.4 billion in more than 980 shared environmental innovation technologies.
These innovations are being used to reduce GHGs and lessen impacts on land, air and water
across the industry.
This kind of forward-looking
investment ensures
Canada’s oil and natural gas industry
can be a sustainable supplier of
energy to the world
even as it creates economic
opportunities here at home.
Find out more at context.capp.ca
