Canada's oil sands extraction industry contributes around 38 billion Canadian dollars to the country's GDP. This equates to 1.7 percent of total GDP. Since 2016, contributions by the industry, which is largely based in Alberta, have seen a net increase, rising to their highest value in 2023.
GDP impact of the oil sands extraction industry in Canada from 2010 to 2023
(in million Canadian dollars and share of total GDP)
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StatCan. (April 30, 2024). GDP impact of the oil sands extraction industry in Canada from 2010 to 2023 (in million Canadian dollars and share of total GDP) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1319179/canada-oil-sands-gdp-impact/
StatCan. "GDP impact of the oil sands extraction industry in Canada from 2010 to 2023 (in million Canadian dollars and share of total GDP)." Chart. April 30, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1319179/canada-oil-sands-gdp-impact/
StatCan. (2024). GDP impact of the oil sands extraction industry in Canada from 2010 to 2023 (in million Canadian dollars and share of total GDP). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1319179/canada-oil-sands-gdp-impact/
StatCan. "Gdp Impact of The Oil Sands Extraction Industry in Canada from 2010 to 2023 (in Million Canadian Dollars and Share of Total Gdp)." Statista, Statista Inc., 30 Apr 2024, https://www.statista.com/statistics/1319179/canada-oil-sands-gdp-impact/
StatCan, GDP impact of the oil sands extraction industry in Canada from 2010 to 2023 (in million Canadian dollars and share of total GDP) Statista, https://www.statista.com/statistics/1319179/canada-oil-sands-gdp-impact/ (last visited December 21, 2024)
GDP impact of the oil sands extraction industry in Canada from 2010 to 2023 (in million Canadian dollars and share of total GDP) [Graph], StatCan, April 30, 2024. [Online]. Available: https://www.statista.com/statistics/1319179/canada-oil-sands-gdp-impact/