Statistics Canada is pleased to host a virtual webinar on data analysis and access related to 2SLGBTQI+ data, in support of the Canadian Institutes of Health Research's (CIHR) "Advancing 2SLGBTQI+ Health Through Research" funding opportunity.

Participants will hear directly from Statistics Canada's subject matter, access, and methodology experts, who will discuss approaches to measuring and reporting on the 2SLGBTQI+ population. Topics will include key variables, data sources, terminology, and existing data gaps. The session will also provide guidance on options for accessing both aggregate data and microdata.

Webinar date for the English session: January 14, 2026, from 1:00 p.m. to 2:30 p.m. Eastern Time.

To register for the webinar, fill out the following form: Registration Form - Statistics Canada 2SLGBTQI+ data, analysis and access

Introduction

The Canadian Housing Statistics Program (CHSP) aims to provide detailed insights on residential properties in Canada and their owners. However, certain estimates are subject to limitations or may not be available for some jurisdictions or variable types because of differences in data sources, regional coverage and processing steps.

The purpose of this document is to help the reader interpret and use data from the CHSP. It outlines key data quality considerations and specific limitations affecting the availability and comparability of estimates across some domains.

To consult changes that are specific to a given reference year, please refer to the Summary of changes - Surveys and statistical programs - Canadian Housing Statistics Program (CHSP).

Data processing

• Random rounding is applied to all raw counts to protect the confidentiality of owners in the totals. Totals and subtotals may not equal the sum of components.
• Percentages are calculated from rounded counts.
• Averages and medians are calculated using only non-missing, non-null, and values greater than zero for the variables of interest (for example, assessment value, total living area and total income).
• Assessment value per square foot refers to the assessment value of a property divided by its total living area.
• Some property or owner characteristics are in the "unspecified" category either because the corresponding information was not received from the data provider or because there is no identifiable link connecting the property to the owner information. Therefore, users must take this limitation into account when interpreting the data.
• Previous reference period estimates are subject to revision.
• Each year, geocoding is updated based on the best available location information, which may result in slight variations in the counts of census subdivisions from one year to the next.

Universe of property tables

The tables 46-10-0093, 46-10-0094 and 46-10-0095 are restricted to residential properties in Canada. The geographic location of a property is determined by its physical address. Mixed-use properties (e.g., residential and commercial) are included, but the property characteristics reported in the tables reflect only the residential portion of mixed-use properties. The universe covers residential properties across Canada. However, it does not cover residential properties located on reserves or collective dwellings. It also excludes commercial, industrial, and institutional properties.

Universe of owner tables

The tables 46-10-0030 and 46-10-0069 include all residential property owners at the provincial level. However, table 46-10-0030 also provides data on buyers, who are property owners who acquired a property, either on or off the market, between January 1 and December 31 of the previous reference year.

The tables 46-10-0096, 46-10-0097 and 46-10-0098 are restricted to resident owners who are persons occupying their residential property. An owner's geographic location is determined by the location of the occupied property.

In the case of Nunavut, where information on owner-occupied properties is unavailable, the universe includes all resident owners who are persons without restrictions on owner-occupancy. For owners with multiple properties, the geographic location and property characteristics are based on the residential property with the highest assessment value.

Universe of buyer table

The table 46-10-0099 is restricted to resident buyers who are persons who filed their T1 tax return form in the previous year and purchased a property in a market sale.

Data availability and limitations

Newfoundland and Labrador

• Estimates are not available at the provincial level and for the category "outside of census metropolitan areas (CMAs) and census agglomerations (CAs)."
• Estimates by property type are available only for the census subdivision of St. John's.

Prince Edward Island

• Estimates of total living area and assessment value per square foot are not available.

New Brunswick

• Estimates of total living area and assessment value per square foot for condominium apartments are not available.
• The "total, all property types" category excludes condominium apartments; therefore, users should consider this limitation when interpreting estimates of total living area and assessment value per square foot for this group.

Manitoba

• Estimates by property use of residential property are suppressed in many areas due to lower linkage quality.
• The estimate of the number of owner-occupied residential property is underestimated due to the quality of the linkage.

Saskatchewan

• Provincial estimates exclude the census subdivision of Prince Albert.
• Owner-related variables are not available because of missing owners' information.

Alberta

• Estimates by property use and residency status of residential property are suppressed due to low data quality.
• The number of resident owners who are persons occupying a residential property, which represent the universe of the owner tables, is underestimated due to the low linkage quality. Therefore, the number of owners should be interpreted with caution.

Yukon

• Estimates by property use and residency status of residential property are available only for the census subdivision (CSD) of Whitehorse.
• The number of resident owners who are persons occupying a residential property, which represent the universe of the owner tables, is underestimated due to the low linkage quality outside the CSD of Whitehorse. Therefore, the number of owners outside this CSD should be interpreted with caution.

Northwest Territories

• Data are available only for the CA of Yellowknife.
• Estimates by property type and period of construction are not available.
• Estimates of total living area and assessment value per square foot are not available.

Nunavut

• Estimates by property type, period of construction and property use are not available.
• Estimates of total living area and assessment value per square foot are not available.

Variable-specific limitations

Property use of residential property

• The property use indicator is suppressed outside CMAs and CAs due to low linkage quality. It may also be removed in certain regions where its reliability has been deemed insufficient.
• For the most recent period of construction, the property use indicator is less precise. Consequently, these estimates should be used with caution.

Owner-occupancy

• The quality of the linkage is unreliable outside CMAs and CAs, leading to an underestimation of the number of resident owners who are persons occupying a residential property, which represents the universe of the owner tables (except for Nunavut). Therefore, Census Subdivisions (CSDs) located outside CMAs and CAs are not included in the owner tables. Although aggregate estimates for the category "outside of census metropolitan areas (CMAs) and census agglomerations (CAs)" are still provided, the number of owners in this category should be interpreted with caution.

Assessment value

• Because provinces and territories have varying assessment periods and assessment roll durations from one region to another, it is not possible to make precise comparisons between the assessment values of properties located in different provinces or territories. To obtain the reference years for property assessment values, please refer to the document linked on the CHSP web page: Reference years of the property stock and assessment values, by province and territory.

Number of residential properties owned

• The number of properties owned by the property owner is limited to residential properties that are within a given province.

Sale Price

• Estimates of property sale prices are limited to transactions conducted on the market and are available only for residents.

Number of Buyers

• Estimates of the number of buyers are restricted to residents only.

Composite quality indicator

The composite quality indicators (CQI) combine multiple individual quality indicators (QIs) representing the quality of various CHSP data processing steps (for example, coding, geocoding, linkage, imputation). The CQIs are available for certain tables, such as the following:

Table 46-10-0093-01 Residential properties by characteristics, property use and ownership type

Table 46-10-0094-01 Residential properties by characteristics and residency status.

The CQI letter grades are defined as follows:

A – Excellent: All domain variables and the variable of interest are of excellent quality.

B – Very good: All domain variables and the variable of interest are of very good to excellent quality.

C – Good: The quality of some of the domain variables or the variable of interest is considered good, while all the other variables are of very good to excellent quality.

D – Acceptable: The quality of some of the domain variables or the variable of interest is considered acceptable, while all the other variables are of good to excellent quality.

E – Use with caution: The quality of several domain variables or the variable of interest is considered poor.

F – Too unreliable to be published

Information for respondents

This information is collected under the authority of the Statistics Act, Revised Statutes of Canada, 1985, Chapter S-19. Completion of this questionnaire is a legal requirement under this act.

Survey Objective

This survey collects information that is necessary for monitoring federal patent, royalty and licensing related activities in Canada, and to support the development of science and technology policy. The survey is conducted by Statistics Canada, on behalf of Innovation, Science and Economic Development Canada (ISED). The data collected will be used by federal science policy analysts. Your information may also be used by Statistics Canada for other statistical and research purposes.

Confidentiality

Your answers are confidential. Statistics Canada is prohibited by law from releasing any information it collects which could identify any person, business, or organization, unless consent has been given by the respondent or as permitted by the Statistics Act. Statistics Canada will use the information from this survey for statistical purposes.

Security of emails and faxes

Statistics Canada advises you that there could be a risk of disclosure during the transmission of information by facsimile or e-mail. However, upon receipt, Statistics Canada will provide the guaranteed level of protection afforded all information collected under the authority of the Statistics Act.

Data sharing agreement

To reduce response burden and to ensure more uniform statistics, Statistics Canada has entered into an agreement under Section 12 of the Statistics Act with Innovation, Science and Economic Development Canada (ISED) for sharing information from this survey. ISED has agreed to keep the information confidential and use it only for statistical purposes. Under Section 12, you may refuse to share your information with ISED by writing a letter of objection to the Chief Statistician and returning it with the completed questionnaire. You may also contact us by email at infostats@statcan.gc.ca or by fax at 1-514-496-4879.

Record linkages

To enhance the data from this survey and to minimize the reporting burden, Statistics Canada may combine it with information from other surveys or from administrative sources.

Authorization

I hereby authorize Statistics Canada to disclose any or all portions of the data supplied on this questionnaire that could identify this department.

• Yes
• No

Department or agency:

Name of person authorized to sign:

Signature:

Program Official position:

E-mail address:

Telephone number:

Extension:

Section 1 - Identifying intellectual property (IP)

1.1 – Reports and disclosures

Please indicate the number of new instances of Intellectual Property reported or disclosed during the reference year, April 1, 2024, to March 31, 2025. The types of Intellectual Property are defined in the Respondent Guide, Section 4.1.

Intellectual Property: Number of new IP reports and disclosures

• Inventions
• Copyrightable IP
• Trademarks
• New plant varieties
• Know-how
• Other (please specify):

1.2 - Reports and disclosures resulting in protection activity

Please indicate how many instances of Intellectual Property (not necessarily new) resulted in protection activity by this organization during the reference year, April 1, 2024, to March 31, 2025. The types of Intellectual Property are defined in the Respondent Guide, Section 4.1.

Intellectual Property: Number of IP reports and disclosures resulting in protection activity

• Inventions
• Copyrightable IP
• Trademarks
• New plant varieties
• Other (please specify):

Section 2 - Patents

2.1 – Patent applications filed and issued

Please report the number of patent applications filed and issued during the reference year, April 1, 2024, to March 31, 2025.

Patent activity: Count

• Total patent applications filed
• Total patents issued

2.2 – Patent applications held or pending

Please report the number of patent applications held and pending at the end of the reference year, as of March 31, 2025.

Patent activity: Count

• Total patents held (including patents issued)
• Total patents pending

Section 3 - Licences

3.1 – New and active licences

Please report the number of new licences executed during the reference year, April 1, 2024, to March 31, 2025.

Please report the number of active licences at the end of the reference year, as of March 31, 2025.

Include Canadian and foreign licences. Please see the Respondent Guide, Section 4.3.1, for detailed definitions.

New licences executed: Count:

• Royalty-bearing
• Royalty-free
• Total

Active licences: Count

• Royalty-bearing
• Royalty-free
• Total

3.2 – Income received from licensed IP

Please specify the total income received from licensed IP during the reference year, April 1, 2024, to March 31, 2025.

Report amounts in thousands of Canadian dollars and in whole numbers only (no decimals).

Income received from  licensed IP: Total CAD$ (in thousands of Canadian dollars)

• Income received from  licensed IP

Section 4 - Respondent guide

This questionnaire, in general, covers the intellectual property generated from R&D activities. We acknowledge that commercializable IP arises from other activities as well and that it may be difficult to differentiate. Whenever possible, please report figures for IP generated from R&D activities. If this is not possible, please note that the figures include IP generated from non-R&D activities.

If exact numbers are not readily available, please provide estimates with a note indicating this.

Please do not leave any question blank. Enter «0» if the value is known to be zero. If the data are not available, enter «..». In cases where the question is not applicable, enter "N/A".

This guide may provide specific examples to further clarify broadly defined categories or terms. Sometimes example lists are misinterpreted as inclusion lists. If you are unsure of any definitions, please reach out to your StatCan contact during the collection period. Please do not report for joint IP to avoid multi-counting issues.

Report all dollar amounts in thousands of Canadian dollars.

Notes on survey questions

4.1. Notes for Section 1 - Identifying Intellectual Property (IP)

• Invention: Includes any new and useful art, process, machine, manufacture or composition of matter, or any new and useful improvement in any art, process, machine, manufacture or composition of matter (Public Servants Inventions Act. R.S., c. P-31, s. 1.). Some inventions are patentable in some jurisdictions but not in others: these include novel genetically-engineered life forms, new microbial life forms, methods of medical treatment and computer software.
• Copyrightable IP: Copyright protection applies to all original literary, dramatic, musical and artistic works provided the conditions set out in section 5 of the Copyright Act have been met. Each of these general categories covers a wide range of creations. Examples are provided below:
  • literary works such as books, pamphlets, computer programs, software and other works consisting of text
  • dramatic works such as motion picture films, plays, screenplays and scripts
  • musical works such as musical compositions with or without words
  • artistic works such as paintings, drawings, maps, photographs, sculptures and plans

We understand that it is hard to count all copyrightable IP. For Section 1.1, please provide the number of copyrightable IP reported or disclosed to your departmental IP office by employees of your department during the reference period. For Section 1.2, please report any copyrights registered with the Canadian Intellectual Property Office (CIPO) during the reference period. 

For survey purposes, please exclude journal articles from your reporting.

• Trademarks: These are words, symbols, designs, or combinations thereof used to distinguish your wares or services from someone else's. Trademarks are registered with the Canadian Intellectual Property Office.
• New plant varieties: Certain plant varieties that are new, different, uniform and stable may be protected by registration with the Plant Breeders' Rights Office, Canadian Food Inspection Agency.
• Know-how: This is practical knowledge, technique or expertise. For example, certain information is codified in the patent application, but a researcher’s know-how could be valuable for commercial optimization of the product. Know-how can be licensed independently of the terms of a related patent.

Notes for Section 1.2: Please report the number of IP resulting in protection activity, not the number of times protection activity occurred. For example, if one invention has multiple patents, this should be counted once since there is only one IP involved. Know-how is not applicable for this section because Know-how is not formally protected.

4.2. Notes for Section 2 - Patents

Total patent applications filed: Please include in your total:

• Initiating patent applications: includes provisional or first filings. Please report for any initiating patent applications during the reference period, even if they were revoked at a later date.
• Follow-on patent applications: includes any that claim priority from an initiating patent application.

Total patents issued includes patents that have been approved for protection during the reference period.

Total patents held is the total number of patents owned or controlled at the end of the reference period. It includes patents issued, such that they were still held at the end of the reference period.

Total patents pending includes any patents filed during or before the reference period that have not been issued yet. Please report the total number of patents pending at the end of the reference period.

Note: International (for example, Patent Cooperation Treaty applications, PCT) and regional applications (e.g., European Patent Office applications) should be counted as single applications. This means a patent family only needs to be counted once. Filed patents not yet issued may be pending. If filed during the reference period, these pending patents would be captured by Total patent applications filed.

4.3.1. Notes for Section 3.1 - New and active licences

New licences executed refers to the number of new licence agreements completed during the reference period. Please include both Canadian and foreign licences in your count.

Active licences refers to the number of existing licence agreements in place at the end of the reference period. This includes any ongoing, new, amended or renegotiated licence agreements in place at the end of the reference period. Please include both Canadian and foreign licences in your count.

Royalty bearing licences refers to licence agreements where licensees compensate IP owners for use of their IP. Compensation to the IP owner can take different forms (% of sales, lump sum payments, equity, etc.). Compared to total licences, this portion of licences aligns better with the dollar amounts in Section 3.2.

Royalty-free licences refers to licence agreements without set compensation for IP owners. The licensee is generally required to respect established conditions but does not provide payment to benefit from the IP rights. While these licences do not generate income for federal departments, they allow licensees to use federal department IP to benefit Canadians.

Note: Please exclude click/wordwrap end user licence agreements (EULAs) including open government licences, and EULAs associated with free downloadable software.

4.3.2. Notes for Section 3.2 - Income received from licensed IP

Income received from licensed IP refers to all income received through IP commercialization during the reference period. This includes income from any royalty structure, for example, sales-based, milestone payments, minimum annual royalties, etc. It also includes income from one-time sales of IP, contributions or fees from licensees, and any other income generated through commercializing IP.

Note: If expired licences generated revenue during the reference period, please still report these amounts. Please exclude click/wordwrap end user licence agreements (EULAs) including open government licences, and EULAs associated with free downloadable software.

The science behind our surveys: How we ensure quality and reduce burden

Every survey matters, and every response helps paint a more complete picture of Canada.

When you or your business is selected to take part in a Statistics Canada survey, it’s because you represent others with similar experiences. Your input helps ensure that everyone’s voice is counted, not just the loudest or most visible ones.

Statistics Canada uses scientific methods to choose participants in a fair and unbiased way. Each person or business selected plays an important role in making sure the results accurately reflect the population as a whole. We don’t add, swap, or remove people or businesses once a sample is chosen; this keeps results unbiased and representative.

How we make sure your time counts

We know your time is valuable. That’s why we use sampling—a scientific way to learn about the whole by asking a smaller, representative group. We also use existing information whenever possible from government programs or other reliable public sources, so fewer people need to respond. This approach

• keeps surveys shorter and less frequent
• reduces the time and effort needed from participants
• produces accurate, balanced results that reflect all of Canada.

In some rare cases, such as the Census of Population, we need to reach everyone. But for most surveys, we ask only as many people or businesses as needed to ensure quality results.

The science behind the numbers

Behind every survey is a team of experts using methods built on decades of statistical theory and research. These methods make sure that

• data are collected efficiently and fairly
• results are accurate and unbiased
• everyone in Canada has a fair chance to be represented.

As new technology and analytical tools evolve, we continue to refine our processes to reduce effort for participants while maintaining the highest standards of quality. All our work is guided by a quality framework that focuses on relevance, accuracy, timeliness, coherence, accessibility and interpretability.

Your privacy is always protected

Every survey follows strict rules to protect your personal information. Your responses are confidential and used only for statistical purposes. Before any survey is launched, we carefully review what data are needed to make sure the benefit to Canadians justifies the time and privacy involved.

We use strong privacy safeguards and disclosure controls, alongside secure systems and proven methods, so no individual or business can be identified in the statistics we publish.

Why your participation matters

The information you provide shapes the statistics that support programs, policies and services across Canada, from schools and hospitals to jobs and housing. It isn’t always obvious, but many important decisions that impact the day-to-day lives and long-term well-being of Canadians are made based on information produced by Statistics Canada.

By taking part, you’re helping ensure that decisions made by governments, businesses and communities are based on accurate, complete and representative information. We collect data to help better understand our country—its population, resources, economy, environment, society and culture.

If you or your business is selected to participate in a Statistics Canada survey, please take part. Your contribution helps create trustworthy data that reflect the experiences of all Canadians.

Resources

• Illinois-based Coeur Mining, Inc. and New Gold Inc. of Toronto announced they had entered into a definitive agreement whereby a wholly owned subsidiary of Coeur would acquire all of the issued and outstanding shares of New Gold for a total equity value of approximately USD $7 billion. The companies said the transaction is expected the close in the first half of 2026, subject to shareholder and applicable regulatory approvals and satisfaction of certain other closing conditions.
• Calgary-based Baytex Energy Corp. announced it had entered into a definitive purchase and sale agreement to sell its U.S. Eagle Ford assets to an undisclosed buyer for approximately $3.25 billion in cash. Baytex said the transaction is expected to close in late 2025 or early 2026, subject to customary closing conditions and regulatory approvals.
• Calgary-based Enbridge Inc. announced it had reached a final investment decision on the Mainline Optimization Phase 1 project that will add capacity to the Company's Mainline network and Flanagan South Pipeline, increasing deliveries of Canadian heavy oil to refining markets in the U.S. Midwest and Gulf Coast. Enbridge said the expected aggregate capital cost would be USD $1.4 billion.
• Calgary-based Canacol Energy Ltd., a natural gas exploration and production company, announced that it and its subsidiaries were seeking an order for creditor protection from the Court of King's Bench of Alberta pursuant to the Companies' Creditors Arrangement Act (CCAA). Canacol said it faces a looming liquidity crisis from upcoming interest and principal payments under its funded debt obligations; reduced natural gas production; and increased trade and other accounts payables.
• Vancouver-based West Fraser Timber Co. Ltd. announced it will permanently close both its Augusta, Georgia and 100 Mile House, British Columbia lumber mills by the end of 2025 due to timber supply challenges and soft lumber markets. West Fraser said the closures would impact 295 employees and reduce its capacity by 300 million board feet.

Economic and fiscal updates

• The Government of Ontario released its 2025 Economic Outlook and Fiscal Review on November 6th, which included cutting red tape, investing in infrastructure, supporting workers, improving services, and making life more affordable. The Government forecasts a $13.5 billion deficit for 2025-26 and real gross domestic product (GDP) growth of 0.8% in 2025 and 0.9% in 2026.
• The Government of Saskatchewan released its mid-year report on November 25th. The Government forecasts a $12 million surplus in 2025-26 and real GDP of 1.7% in 2025.
• The Government of Quebec released its Fall 2025 Economic and Fiscal update on November 25th, which included additional initiatives totalling $8.3 billion to protect purchasing power and the economy. The Government forecasts a $9.9 billion deficit in 2025-26 and real GDP growth of 0.9% in 2025 and 1.1% in 2026.

Other news

• The Government of Canada released its Budget 2025 on November 4th, which included investments in housing, infrastructure, defence, and productivity and competitiveness. The Government forecasts a $78.3 billion deficit for 2025-26 and real GDP growth of 1.1% in 2025 and 1.2% in 2026.
• The Government of Canada announced the second tranche of nation-building projects to be referred to the Major Projects Office, including the North Coast Transmission Line in British Columbia, Ksi Lisims LNG on the north coast of British Columbia, Northcliff Resources' Sisson Mine in New Brunswick, Canada Nickel's Crawford Project in Ontario, the Iqaluit Nukkiksautiit Hydro Project in Nunavut, and Nouveau Monde Graphite's Matawinie Mine in Quebec. The Government said these projects represent $56 billion in new investment.
• The Government of Canada announced that, building on previously announced measures to help transform the Canadian steel and softwood lumber industries, it would further limit foreign steel imports, make it easier to build with Canadian steel and Canadian lumber, and increase protections for Canadian steel and lumber workers and businesses.
• The Government of Canada announced it had signed a memorandum of understanding (MOU) with the Government of Alberta that said upon receipt of a proposal from the Government of Alberta, the Government of Canada would provide an approval process under the Building Canada Act for the construction of a new pipeline that would transport at least one million barrels per day of oil to Asian markets. The Government said the MOU also advances multiple clean energy projects and measures, including advancing the construction of Pathways Plus, a carbon capture, utilisation, and storage project, as well as an industrial carbon pricing agreement for the province and an agreement to lower methane emissions by 75% over the next decade.
• The Government of Ontario announced it had approved Ontario Power Generation's (OPG) plan to refurbish four CANDU nuclear reactors at the Pickering Nuclear Generating Station. The Government said the refurbishment will extend the facility's operations for up to 38 years, with the project expected to begin in early 2027 and completion by the mid-2030s.
• The Committee on Internal Trade (CIT) announced that the Canadian Mutual Recognition Agreement (CMRA) on the sale of goods was signed by most federal, provincial, and territorial Ministers responsible for internal trade. The CIT said the CMRA ensures that businesses can sell their goods across Canada without having to meet duplicative regulatory requirements, unless the good is specifically exempted from the agreement.
• Norway-based Vianode, a producer of advanced battery materials, announced it officially started site preparation at its new synthetic graphite facility in St. Thomas, Ontario. Vianode said the project is structured as a phased, multi-billion-dollar investment, and that, subject to reaching a definitive agreement, the Government of Ontario will provide a loan of up to $670 million in support of its investment. The company also said the plant is expected to create approximately 300 jobs in the first phase, and up to 1,000 at full capacity.

United States and other international news

• The Reserve Bank of Australia (RBA) left the cash rate target unchanged at 3.60%. The last change in the cash rate target was a 25 basis points cut in August 2025.
• The Bank of England's Monetary Policy Committee (MPC) voted to maintain the Bank Rate at 4.0%. The last change in the Bank Rate was a 25 basis points cut in August 2025.
• The Executive Board of Sweden's Riksbank left the repo rate unchanged at 1.75%. The last change in the repo rate was a 25 basis points reduction in September 2025.
• The Monetary Policy and Financial Stability Committee of Norway's Norges Bank left the policy rate unchanged at 4.00%. The last change in the policy rate was a 25 basis points decrease in September 2025.
• The Reserve Bank of New Zealand (RBNZ) lowered the Official Cash Rate (OCR), its main policy rate, by 25 basis points to 2.25%. The last change in the OCR was a 50 basis points cut in October 2025.
• The eight OPEC+ countries - Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman - announced they would implement a production adjustment of 137 thousand barrels per day from the 1.65 million barrels per day additional voluntary adjustments announced in April 2023. OPEC+ said this adjustment would be implemented in December 2025. OPEC also said that the eight countries had decided to pause the production increments in January, February, and March 2026.
• Texas-based Kimberly-Clark Corporation and Kenvue Inc., a consumer health company of New Jersey, announced an agreement under which Kimberly-Clark will acquire all of the outstanding shares of Kenvue common stock in a cash and stock transaction that values Kenvue at an enterprise value of approximately USD $48.7 billion. The companies said the transaction is expected to close in the second half of 2026, subject to shareholder and regulatory approvals and satisfaction of other customary closing conditions.
• New York-based IREN Limited announced it had signed a multi-year GPU cloud services contract with Microsoft whereby IREN will provide Microsoft with access to NVIDIA GB300 GPUs over a five-year term, with a total contract value of approximately USD $9.7 billion. IREN said the GPUs are expected to be deployed in phases through 2026 at its 750MW Childress, Texas campus.
• Seatle, Washington-based Amazon Web Services (AWS) and OpenAI of California announced a new USD $38 billion multi-year, strategic partnership that provides AWS's infrastructure to run and scale OpenAI's core artificial intelligence (AI) workloads starting immediately.
• Later, Amazon announced an investment of up to USD $50 billion to expand AI and supercomputing capabilities for Amazon Web Services' (AWS) U.S. government customers. Amazon said the investment is set to break ground in 2026.
• California-based Google announced a new €5.5 billion investment (2026-2029) in infrastructure and offices in Germany — including a new data center in Dietzenbach, continued investments in the existing Hanau data center campus, and expanded office locations in Berlin, Frankfurt and Munich.
• New York-based Brookfield Asset Management announced the launch of a USD $100 billion global AI Infrastructure program in partnership with NVIDIA and the Kuwait Investment Authority. Brookfield said it will deploy investment across every stage of the value chain—from energy and land to data centers and compute.
• Washington State-based Microsoft announced that from the start of 2026 to the end of 2029, it will spend more than USD $7.9 billion in the United Arab Emirates (UAE), including more than $5.5 billion in capital expenses for ongoing and planned expansion of its AI and cloud infrastructure. Microsoft said that beginning in 2023 and through the end of this calendar year, it will have invested and spent just over $7.3 billion in the UAE.
• California-based HP Inc. announced it expects to reduce gross global headcount by approximately 4,000-6,000 employees. HP said these actions are expected to be completed by the end of fiscal 2028.
• Illinois-based Abbott and Exact Sciences of Wisconsin announced a definitive agreement for Abbott to acquire Exact Sciences for an estimated enterprise value of USD $23 billion. The companies said the closing is expected in the second quarter of 2026, subject to shareholder and regulatory approvals and other customary closing conditions.

Financial market news

• West Texas Intermediate crude oil closed at USD $58.55 per barrel on November 28th, down from a closing value of USD $60.98 at the end of October. Western Canadian Select crude oil traded in the USD $45.00 to $49.00 per barrel range throughout November. The Canadian dollar closed at 71.54 cents U.S. on November 28th, up from 71.34 cents U.S. at the end of October. The S&P/TSX composite index closed at 31,382.78 on November 28th, up from 30,260.74 at the end of October.

 

CVs for Total sales by geography

Geography	Month
	202409	202410	202411	202412	202501	202502	202503	202504	202505	202506	202507	202508	202509
	percentage
Canada	0.14	0.14	0.19	0.14	0.17	0.22	0.16	0.15	0.16	0.09	0.10	0.12	0.13
Newfoundland and Labrador	0.59	0.57	0.75	0.71	0.69	1.01	0.63	0.78	0.45	0.50	0.46	1.05	1.13
Prince Edward Island	2.30	4.57	4.09	4.39	4.99	1.26	1.09	0.87	0.72	0.81	0.79	0.92	0.84
Nova Scotia	0.48	0.37	0.38	0.42	0.48	1.57	0.60	0.58	0.41	0.35	0.33	0.43	0.61
New Brunswick	0.52	0.46	0.57	0.62	0.59	0.82	0.57	0.51	0.42	0.49	0.38	0.49	0.87
Quebec	0.35	0.16	0.56	0.24	0.29	0.54	0.36	0.53	0.26	0.16	0.19	0.32	0.32
Ontario	0.25	0.30	0.31	0.29	0.34	0.35	0.31	0.23	0.36	0.17	0.15	0.17	0.17
Manitoba	0.46	0.40	0.48	0.55	0.70	0.74	0.75	0.56	0.50	0.39	0.47	0.54	0.51
Saskatchewan	0.59	0.83	0.75	0.99	0.65	0.69	0.52	0.54	0.47	0.53	0.51	0.63	0.77
Alberta	0.24	0.32	0.31	0.28	0.38	0.59	0.41	0.32	0.34	0.25	0.29	0.30	0.26
British Columbia	0.22	0.27	0.26	0.22	0.29	0.49	0.29	0.20	0.24	0.16	0.22	0.24	0.22
Yukon Territory	2.51	2.89	2.42	2.25	3.18	26.11	3.86	2.69	2.04	2.49	2.63	3.26	9.43
Northwest Territories	3.38	3.22	2.91	3.57	3.42	34.07	18.21	2.90	17.86	3.29	2.66	3.47	12.26
Nunavut	13.21	12.76	61.05	6.85	4.28	129.90	6.89	59.24	66.28	9.14	9.60	35.41	8.80