Investment

Canada relies heavily on international trade and investment for its economic growth and prosperity. Trade supports jobs and creates economic activity throughout the regions of Canada.

Canada's trade interests are advanced through partnerships between federal and provincial governments, government-funded organizations and private industry participants.

Canadian Petroleum Trade Facts

• Canada's net energy export revenues totalled $81.7 billion in 2010.
• In 2010, the oil and gas industry contributed an estimated $18 billion to government revenues in the form of royalty payments, bonus payments and income taxes.
• Canada's crude oil and natural gas trade in 2010 was $50 billion while Canada recorded a trade deficit.
• In 2010, energy exports were valued at $94 billion or 23 per cent of total merchandise trade representing roughly 6 per cent of Canada's GDP.
• In 2010, Canadian energy imports were valued at $40 billion or roughly 10 per cent of total merchandise imports.
• In 2010 gross crude oil and natural gas exports were estimated at $65 billion.