Issue 19-64 Natural Resources

April 12, 2019

The value of Canada's timber, energy, and mineral resource assets nearly doubled (+91.7%) in 2017, reaching $715 billion. The increase was due to climbing prices for oil and minerals, and marks a substantial recovery from 2016, when the value of the nation’s natural resources declined. In 2017, energy resources accounted for more than half (53%) of the country’s total natural resource wealth, while mineral and timber resources accounted for the remainder (33% and 14%, respectively).

Data Source: Statistics Canada