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- Higher crude oil and mineral prices combined to drive up the value of Canada's natural resource assets in 2021. Overall, the dollar value of selected natural resource reserves totalled $1,444 billion in 2021, a 149% increase from 2020. This increase came following a 30% decline the previous year during the COVID-19 pandemic.
www150.statcan.gc.ca/n1/daily-quotidien/221114/dq221114d-eng.htm
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Nov 14, 2022 · Higher crude oil and mineral prices combined to drive up the value of Canada's natural resource assets in 2021. Overall, the dollar value of selected natural resource reserves totalled $1,444 billion in 2021, a 149% increase from 2020.
- Canadian System of Environmental-Economic Accounts - Natural Resource ...
Asset accounts are one of the main elements of the United...
- The Daily — Canada's natural resource wealth, 2022
The value of crude bitumen totalled $861 billion in 2022, up...
- Canadian System of Environmental-Economic Accounts - Natural Resource ...
global energy and oil prices and supply chain disruptions, combined with a rising inflation and labor shortages across the country, which arose during the pandemic, have also adversely impacted the natural resource sectors.
Nov 22, 2023 · The value of crude bitumen totalled $861 billion in 2022, up by $457 billion from 2021. Crude bitumen was Canada's top natural wealth contributor in 2022, making up one-third of the total resource value, followed by crude oil and natural gas which accounted for one-fifth of the total resource value.
The value of crude bitumen totalled $861 billion in 2022, up by $457 billion from 2021. Crude bitumen was Canada's top natural wealth contributor in 2022, making up one-third of the total resource value, followed by crude oil and natural gas which accounted for one-fifth of the total resource value.
GHG emissions from oil and gas production have gone up 25% between 2000 and 2019, largely from increased oil sands production, particularly in situ extraction. During this period, oil sands production emissions more than tripled while conventional oil and natural gas emissions decreased by 14%.
Sep 27, 2023 · The 2022 increase was attributable to increased economic activity and increased demand for energy products. According to the Raw materials price index, the price of crude oil and bitumen in 2022 increased by 49.0% from 2021, while the price of natural gas increased by 25.6%.
Dec 26, 2020 · The spread of COVID-19 around the world this year squashed fuel demand, taking crude oil prices down with it. Those prices even turned negative at one point. Canada's oilpatch slashed...
