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