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.
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