Canada’s energy sector is what keeps the lights on in our schools, hospitals, businesses and communities. Thanks to the energy sector, we Canadians enjoy one of the highest standards of living in the world. In 2015 alone, the oil and natural gas sector invested $48 billion in the nation’s economy, and in 2014, paid $17 billion to the country’s governments in taxes.
Investment drives business activity, which in turn creates jobs. Canada’s oil and natural gas industry provides high-paid, skilled labour jobs that support families and communities. From the oilfields in Fort McMurray to downtown Toronto, about 440,000 jobs exist because of Canada’s oil and natural gas industry, and this number is only expected to grow as the industry grows. In short, when the energy industry thrives, Canada also thrives.
- Canadians enjoy one of the highest standards of living in the world, because of our country’s oil and gas industry.
- In 2015, the energy sector injected nearly $50 billion into Canada’s economy.
- About 440,000 Canadian jobs exist because of the oil and natural gas sector.