Provincial and Territorial Natural Resources Satellite Account, 2022

Real gross domestic product (GDP) of the natural resources sector increased across several provinces and territories in 2022, with large increases in Alberta (+5.8%) and Ontario (+3.9%) offset by a decrease in Newfoundland and Labrador (-5.7%). The large growth in Alberta was mainly attributed to increased extraction of crude oil and related energy services. Nationally, natural resources' real GDP increased 3.1%, compared with a 3.8% increase in economy-wide real GDP, after increasing 6.3% in 2021.

Continue reading

Contact information

For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136514-283-8300infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).

Type
New Data
Off