If your oil and gas
came with a label,
what would you learn?
Canada is our label
You’d learn that Canada is a global leader in responsible oil & gas production. Find out why.Explore the Label
Canada’s oil and gas industry is a global leader on Environmental, Social, and Governance (ESG) issues
But don’t just take our word for it. That’s according to rankings derived from independent studies by Yale, the World Bank, and others. We’re making real progress toward reducing total emissions. On partnering with Indigenous communities. On reclaiming land. So as the world uses more oil and gas, we believe the world needs more Canadian oil and gas.
Canada’s oil and gas industry has invested billions on cleantech research and development
Canada’s industry is at the forefront of high-tech energy solutions. Technology like carbon capture & storage, pipeline & marine safety, and more. Our liquefied natural gas (LNG) projects will be among the cleanest in the world. Our sector invests more than $1 billion annually in research & development, and we continue to innovate as we work towards meeting the world’s energy demands while reducing emissions.
Canada’s oil and gas is produced to a higher standard
Oil and gas is used the same way, no matter where it’s from. But where it’s from matters. Much of the world’s oil and gas comes from authoritarian countries, like Russia and Saudi Arabia. Countries that don’t have the same standards – for the environment, for regulations, or for people. So as the world demands more energy – and more responsibly produced energy – Canada should meet those needs.
MODERN LIFE DEPENDS ON OIL AND GAS
Petroleum-based products are in almost everything we buy
From life-saving medical supplies, to fertilizers, to phones and computers, to the clothes and cosmetics we wear, plastics and oil and gas-based products are an inseparable part of our daily lives. Oil and gas also helps heat our homes, powers our grid, and gets our food and products to our doors. Learn more about all the ways oil and gas is integrated with modern life and our economy – some of the answers may surprise you!
Oil and gas will continue to be a big part of our energy mix for decades
Even as we develop and adopt more alternative sources of energy, like renewables, hydrogen, and nuclear, oil and gas will remain the biggest piece of the puzzle through 2050 and beyond. Natural gas is also a key part of how we’ll replace more carbon-intensive sources, like coal.
1Includes solar, wind, hydro, bioenergy
2Includes nuclear, biomass
*Figures may not add up to 100 due to rounding
An essential part of the Canadian economy
Canada’s oil and gas sector accounts for 5.6% of our GDP – about $104 billion in 2020.
Canada’s oil and gas sector directly and indirectly employed nearly 400,000 people in 2020.
Oil and gas provides our local, provincial, and federal governments with billions in revenue each year – funds that go towards the essential services we all rely on. The industry paid $505 billion in taxes and royalties between 2000 and 2019.
Oil and gas investment in North America is projected to be over $8 trillion between now and 2050.