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 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...
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 ...
As Canada looks to build major projects to secure its economic future, new analysis shows that oil pipelines could play a key role in achieving a stronger, more prosperous future for all Canadians. The joint report by ATB Economics and Studio.Energy found that adding 1.5 million barrels per day...
Canada is well known as one of the world’s largest democratic producers and exporters of crude oil. As such, it is home to the fourth-largest reserves globally – at 177 billion barrels [1] – which, at today’s levels, represent nearly four and a half years of total global consumption. Canada was ...
Key Takeaways Tim Hodgson, Minister of Energy and Natural Resources, says that China and India want more Canadian oil and liquefied natural gas (LNG), and it makes sense to send more of our energy directly from the West Coast of Canada – not as re-exports through the U.S. Gulf The Trans Mountai...
India has joined a long list of countries that want more Canadian natural resources. The South Asian nation is telling Canada something we cannot afford to ignore: “We will buy as much of your energy as you can produce.” In a recent CTV interview, Tim Hodgson, Minister of Energy and Natural Reso...
Canada ended 2025 on a stronger footing. Across the country, more Canadians and policymakers recognize that our natural resources are not a liability, but a core economic strength. And events in Venezuela to start the year—like U.S. tariffs in 2025—are a stark reminder of the urgency for Canada ...