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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

      The Daily — Canada's natural resource wealth, 2021 ...

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  3. www150.statcan.gc.ca › n1 › daily-quotidienCanada's natural resource wealth, 2021 (preliminary data)

    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.

  4. natural-resources.canada.ca › science-and-data10 Key Facts on Canada’s Natural Resources – 2023

    • Gross Domestic Product. In 2022, natural resources directly and indirectly accounted for 19.2% of nominal GDP. Source: Natural Resources Canada estimates, based on Statistics Canada data (national accounts)
    • Employment. In 2022, natural resources directly and indirectly accounted for 1.7 million jobs in Canada. Source: Natural Resources Canada estimates, based on Statistics Canada data (national accounts)
    • Post-secondary attainment. In 2021, 63% of employees in the natural resources sector had a post-secondary certificate, diploma or degree. Source: Natural Resources Canada calculations, based on Statistics Canada data (Table 36-10-0653-01)
    • Major projects. In May 2023, there were 493 major resource projects under construction or planned over the next 10 years in Canada, worth $572 billion in potential investment.

  5. www2.deloitte.com › ca › enCanadian oil and gas producers benefitting from higher prices

    Oct 5, 2021 · Strong gas prices and stable oil prices to close out 2021. Calgary, October 5, 2021 – Production of Canadian crude oil is expected to outpace 2019 levels by the end of this year and remain strong through 2022, according to Deloitte Canada’s Resource Evaluation and Advisory (REA) group in its latest forecast. The report says higher prices ...

    • mplouffe@deloitte.ca
    • Manager, Public Relations

  6. natural-resources.canada.ca › sites › nrcan10 KEY FACTS on Canada’s Natural Resources

    In 2020, natural resource companies invested $73 billion, representing 30% of total non-residential capital investment in Canada. Data Sources: Natural Resources Canada estimates based on data from Statistics Canada, the Canadian Association of Petroleum Producers, the Mining Association of Canada, the Canadian Council of Forest Ministers

  7. www150.statcan.gc.ca › n1 › daily-quotidienThe Daily — Canada's natural resource wealth, 2022

    Nov 22, 2023 · 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. Mineral resources recorded an increase in value of 24% in 2022.

  8. natural-resources.canada.ca › oil-pricing › 18087Oil Pricing - natural-resources.canada.ca

    May 17, 2024 · Oil Pricing. How Crude Oil Prices are Determined. The price of oil is set in the global marketplace. Oil is traded globally and can move from one market to another easily by ship, pipeline, or barge. As a result, the supply/demand balance determines the price for crude oil around the world.

  9. www.cbc.ca › news › businessAfter a turbulent year, Canada's energy industry braces for ...

    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...