Shared Benefits

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.

Sources: CAPP

As Canadians, we are the owners of natural resources that make it possible for us to enjoy one of the highest qualities of life in the world. The energy industry plays a critical role by providing the funding needed to keep the lights on at our schools and businesses, supplying hospitals with life-saving equipment, funding essential public services and building thriving communities.

In 2015, the energy sector invested $48 billion of capital into the Canadian economy. Over the next 25 years, the oil sands alone could pay $1.5 trillion in taxes, meaning the creation of thousands of jobs for Canadians, economic prosperity across the country, and better infrastructure throughout our communities.

• Lower unemployment, economic stability and improved infrastructure are all possible with continued investment by Canada’s oil and gas industry.
• In 2015, the energy sector invested $48 billion of capital into the Canadian economy.
• In the next 25 years, the oil sands could pay $1.5 trillion in taxes to Canadian governments, granting Canadians in all provinces economic prosperity.

Sources: CAPP, CERI

Thanks to Canada’s oil and natural gas industry, we can drive to work, play hockey with our friends, and arrive home to a healthy family dinner. We may not be aware of it but we rely on oil and natural gas from the moment we wake up until the end of our day. 

Natural gas enables the production of steel for our buildings, while oil fuels the vehicles that deliver fruit to our grocery stores. Natural gas heats our homes, while oil is used to create the clothes that keep us warm in the winter. Hockey pucks are made of rubber and oil, while the produce we use to make family dinners arrives to us via trucks and trains. 

• As Canadians, we utilize oil and natural gas countless times each day, often without realizing it.
• From the alarm clock that wakes us up in the morning, to the produce that arrives in our local grocery stores thanks to trucks and trains, our daily lives are fuelled by oil and natural gas.
• You can help Canadians maintain our high quality of life by becoming an Energy Citizen today.

Canada’s oil and natural gas industry breathes life into more than 1,100 Ontario businesses, from banks and construction companies, to technology firms. More than 69,000 people in Ontario have the oil sands sector to thank for their jobs, while hospitals, schools and government branches all benefit from the nation’s energy industry. 

Fast-forward to 2038. From now until then, Ontario could receive $2 billion a year from the country’s oil and natural gas industry. That’s nearly $50 billion for Ontario to improve its health care and education systems, and build better infrastructure. Nearly $50 billion that could expand the list of health services covered by OHIP, reduce university tuition, and increase the quality of roads and public transportation in Ontario’s major cities. 

• Over 1,000 Ontarian businesses exist thanks to Canada’s oil and natural gas sector.
• Canada’s energy sector provides 55,000 jobs in Ontario.
• From now until 2038, Ontario could receive nearly $50 billion from the Canadian oil and natural gas industry. This is money that can be used to fund health care, education, and build infrastructure.

Sources: CAPP

Canada’s oil and natural gas industry supports a wide variety of business in B.C., from engineering to software development. The energy industry has created over 20,000 direct and indirect jobs in B.C., putting people to work and helping grow a healthier economy for our families. 

British Columbia is a leader in clean energy development, with enough natural gas to meet consumer demand at home and abroad. The province is Canada’s second-largest natural gas producer in Canada. 

Between 2014 and 2015, the B.C. government received over $1.5 billion in revenue from oil and natural gas development in B.C. That’s money to pay for health care, education and infrastructure.

• A healthy energy sector means a healthy economy for British Columbia.
• Canada’s oil and natural gas sector creates jobs for more than 20,000 British Columbians.  
• Canada’s oil and natural gas sector contributes $1.5 billion to provincial government. This is money for health care, education and infrastructure.
   

Further to that energy projects have been proposed within British Columbia that will make the country stronger. This includes the Trans Mountain pipelines expansion which create short term and long term jobs within B.C. and create an estimated $5.7 Billion in public sector revenue over the next twenty years.

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You can help make projects like the Trans Mountain expansion possible. Click here to send a letter to your MP to ask them to trust the evidence-based NEB process and support its decision to approve the TransMountain Expansion project.

Sources: CAPP

Alberta is the heart of Canada’s oil and natural gas industry. Wild rose country is home to the third-largest deposits of oil in the world, and more than 400 trillion cubic feet of natural gas. That’s enough to heat all of Canada’s gas-heated homes for more than 800 years.

A healthy energy sector means a healthy provincial economy. Canada’s oil and natural gas sector has been a benefit to Alberta’s economy since the first natural gas well was drilled in 1883 near Medicine Hat. As the industry grew, so did opportunities for Albertans and the pioneering Canadians who moved to Alberta.

That long history of shared benefits continues today. The industry contributed $9.1 billion in resource revenues to the province between 2014 and 2015. That’s almost 20 per cent of total government revenues. That money pays for health care, education and infrastructure. The industry also supports a diverse range of business and job opportunities. More than 315,000 Albertans work in related jobs, like instrumentation technology and catering services. There’s no doubt about it, Canada’s oil and natural gas sector helps grow a healthier economy for Albertan families.

• A healthy energy sector means a healthy economy for Alberta.
• Canada’s oil and natural gas sector provides 20 per cent of the Alberta government’s revenues. That’s money for health care, education and infrastructure.
• Canada’s oil and natural gas sector creates jobs for more than 315,000 Albertans.

Sources: CAPP

As Canadians, we are the owners of our natural resources. Thanks to the energy sector, the value we receive from our resources enable us to enjoy one of the highest standards of living in the world. Royalties are one important way that Canada’s oil and gas producers help build thriving communities.

In the oil and gas industry, a royalty is a monthly payment that producers must make to the government in order to extract resources. This monthly amount is set by the royalty rate, which is calculated based on three factors: market price of the resource, well -productivity and age of the well. Royalties are an important source of funding for public services, whether it’s a new hockey rink, a renovation at the community centre or a new school.

To ensure we continue to get value from our resources, oil and gas producers need to continue to see Canada as a good place to do business. Royalties can affect a company’s ability to remain competitive in the global market, and have an impact on capital investment decisions in Canada. That’s why it’s so important to get royalties right. A balanced royalty structure helps attract investment, creates jobs, generates government revenue and builds our communities.

• A royalty is a monthly payment that producers must make to the government in order to extract resources.
• Royalties are one important way that Canada’s oil and gas producers contribute to the well-being of our communities
• A balanced royalty structure helps attract investment, creates jobs, generates government revenue and builds our communities.
• Any changes to Alberta’s royalty structure must take into account the cumulative cost of measures such as higher corporate taxes and the implementation of a carbon tax to ensure the oil and natural gas industry remains competitive.

Sources: CAPP