Canada's Energy Industry - Statistics & Facts

Published by Statista Research Department, Jan 17, 2019
In Canada, energy policies are implemented by both the federal and provincial government. Overall objectives are established by the federal government, while the provincial government enforces these objectives and develops strategies to reach these goals. The provincial government regulates the exploration, development, and conservation of fossil fuels as well as electricity production and generation. Under provincial jurisdictions, utility boards regulate oil and natural gas activities, pipelines, and distribution systems, while the federal government manages interprovincial and international trade of the country’s energy resources.

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Canada sends a large majority of its energy exports to the United States, largely crude oil. In turn, the United States had until 2015, when restrictions on U.S. crude oil exports had lifted, exported almost all of its crude oil exports to Canada. These exports were usually destined for eastern Canada and were typically light sweet grades of oil. Natural gas is largely shipped through pipelines between the two countries. Increased demand for resources like wood pellets have also led to increased production and is largely exported to other regions such as Asia and Europe.

In recent years, a goal towards boosting Canada’s economy in tandem with a transition towards a low-carbon economy through stringent energy efficiency and emission standards for various sectors has been implemented. Although Canada has an abundance of natural resources, including oil and natural gas, which are primarily located within Albert’s oil sands, the country maintains a largely low-carbon electricity mix – primarily hydro and nuclear. Nevertheless, Canada remains one of the largest greenhouse gas emitters per capita in the world.

Energy industry in Canada

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Energy and the economy

Electricity industry

Oil sands

More interesting topics from the industry "Energy & Environmental Technology"

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