Key Takeaways South Korea is moving to buy significantly more Canadian crude oil, signalling growing confidence in Canada as a secure long-term supplier to Asian markets. Canadian LNG is also part of the opportunity, with South Korea looking at long-term imports that could strengthen Canada’s...
Did you know that Canada is a major copper producer, a critical mineral used in a variety of technological applications? Home to more than eight million tonnes of identified reserves, Canada produced more than half a million tonnes of copper concentrate in 2024 – although production has dropped ...
Oil and natural gas are two of the biggest drivers of Canada’s economy, supporting job creation, export growth, government revenues, and major private investment. The sector’s impact extends far beyond producing provinces, helping power supply chains, public services, and business activity acros...
Key Takeaways Commodity Crisis – The closure of the Strait of Hormuz isn't just an oil crisis – it's also severely restricting seaborne supplies of sulphur, aluminum, LNG, methanol, fertilizers, and helium, threatening everything from food security to semiconductor manufacturing. Global Impact – ...
Since the 2022 war in Ukraine, resource security has been put at the forefront of policymakers' agendas across Asia and the West, as these countries look to pivot towards more reliable and stable energy suppliers. Today, those concerns have been exacerbated by Middle East conflict, particularly ...
Key Takeaways Strong Economy: The Sable Offshore Energy Project (SOEP) generated approximately $3.7 billion in direct payments to Nova Scotia over 20 years, with total project expenditures on goods and services exceeding $7.9 billion – nearly half of which was spent within the province. Provid...
Did you know Canada is a top-ten global sulphur producer and the fifth-largest sulphur exporter? Although sulphur isn't known for its pleasant smell, the non-metallic chemical element is incredibly useful in our day-to-day lives. Sulphur production began in Canada primarily as a by-product of oi...
Key Takeaways: World in Crisis: Disruptions to the Strait of Hormuz have pushed global oil inventories into record-paced declines, with more than 1 billion barrels lost and 14 million barrels per day of production now shut in. Canada's Moment: Dr. Birol says Canada has a "once-in-a-generation ...
Key Takeaways Global Powerhouse: Saskatchewan holds the world's largest potash reserves and accounts for 35% of global production, making it the world's single most important supplier of this critical fertilizer ingredient. Economic Contribution: Mining contributed 13.5% of Saskatchewan's GDP in ...
Key Takeaways Fastest Growing: B.C.'s oil and gas production has surged 153% since 2010, making it the fastest-growing hydrocarbon-producing province in Canada – now accounting for 39% of national natural gas output. LNG Milestone: LNG Canada – the largest private-sector investment in Canadian hi...
3 Key Takeaways Canada is the world’s largest potash reserve holder, and has a big opportunity to produce and export more while benefitting Canadians and our trade partners Between 2017 and 2022, Saskatchewan’s potash sector paid a total of $9 billion in federal, provincial, and municipal taxes...
A new report from the Royal Bank of Canada (RBC) outlines a roadmap for Canada to become the G7's top-growth economy. The resources are here. The capital exists. The only question is whether we have the will to build. -------------------- Canada is sitting on an economic opportunity of a lifet...
Canada is one of the most resource-rich nations on Earth, and our forests are among the greatest examples of that natural wealth. Covering nearly 347 million hectares – about 9% of the world's total forested land – Canada's forests are a backdrop to our national identity, while the forestry indu...
In the words of Karen Ogen, CEO of the First Nations Natural Gas Alliance, “Canadian LNG is Indigenous LNG.” According to Indigenous leaders like Ogen, ownership and benefit agreements for major natural gas infrastructure projects across British Columbia are playing a critical role in advancing ...
Key Takeaways: Canada's Energy Engine: Alberta accounts for over 90% of Canada's oil production and approximately 60% of its natural gas production, making the province the undisputed heart of the nation's energy sector. Record Production: In 2024, Alberta's total oil and gas production averaged ...