Provincial and Territorial Natural Resources Satellite Account, 2020

May 27, 2022, 8:51 a.m. (EDT)

Real gross domestic product (GDP) of the natural resources sector fell in all provinces and territories except Newfoundland and Labrador (+5.4%), Prince Edward Island (+0.5%) and Yukon (+90.8%) in 2020. The large growth in Yukon is due to increased extraction in metallic minerals, influenced by high gold prices and low fuel costs.

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