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Canadian Natural Resources Limited, or CNRL or Canadian Natural is a senior Canadian oil and natural gas company that operates primarily in the Western Canadian provinces of British Columbia, Alberta, Saskatchewan, and Manitoba, with offshore operations in the United Kingdom sector of the North Sea, and offshore Côte d'Ivoire and Gabon.
Natural Resources Canada (NRCan; French: Ressources naturelles Canada; RNCan) [NB 1] is the department of the Government of Canada responsible for natural resources, energy, minerals and metals, forests, earth sciences, mapping, and remote sensing. It was formed in 1994 by amalgamating the Department of Energy, Mines and Resources with the ...
For instance one of Canada's largest manufacturing industries is the pulp and paper sector, which is directly linked to the logging business. The reliance on natural resources has several effects on the Canadian economy and Canadian society. While manufacturing and service industries are easy to standardize, natural resources vary greatly by ...
The petroleum industry in Canada is also referred to as the "Canadian Oil Patch"; the term refers especially to upstream operations (exploration and production of oil and gas), and to a lesser degree to downstream operations (refining, distribution, and selling of oil and gas products). In 2005, almost 25,000 new oil wells were spudded (drilled ...
Canada has access to all main sources of energy including oil and gas, coal, hydropower, biomass, solar, geothermal, wind, marine and nuclear.It is the world's second largest producer of uranium, [2] third largest producer of hydro-electricity, [3] fourth largest natural gas producer, and the fifth largest producer of crude oil. [4]
Forestry is a major industry in Canada, contributing over $24.6 billion in GDP to the economy in 2017. [ 9 ] In the same year, over 209,940 people were directly employed by the forestry industry, contributing 1.1 percent of total employment. [ 9 ] The majority of forestry employees are found in Quebec, British Columbia and Ontario, [ 10 ] and ...
The provincial GDP in 2021 was C$504,5 billion, [ 9 ] making Quebec the second largest economy in Canada after Ontario. The provincial debt-to-GDP ratio peaked at 50.7% in fiscal year 2012–2013, is now resting at 38.1 in 2022, [ 10 ] and is projected to decline to 34% in 2023–2024. [ 11 ]
Mining is a significant part of the economy of Canada. As of 2018, mining revenues totalled CA$47 billion. [22] In 2013, over 50% of the world's publicly listed exploration and mining companies were headquartered in Canada. [23] Toronto is a financial centre for the mining industry: as of 2016, around 80 percent of the world's equity trades in ...