Oil and gas: • Average weekly earnings are highest in oil and • Generated $15.3 billion in outputs, consisting primarily gas extraction at $2,740 weekly in 2019 compared of the value of goods and services produced by with $1,534 in aerospace, $1.427 in motor vehicle sectors in the Ontario economy; manufacturing, and $1,029 for the average of all industries. [...] Oil and gas: • Generated nearly $18.0 billion in outputs, consisting • Generated nearly $11.4 billion in outputs, consisting primarily of the value of goods and services produced primarily of the value of goods and services produced by various sectors in the B. [...] • In 2017, oil and gas extraction was worth $46.6 billion of Canada’s nominal GDP; • In 2017, the motor vehicle and parts manufacturing sector accounted for $16.5 billion of Canada’s nominal Impact of the oil and gas GDP; and sector on Canada’s economy 2017 • In 2017, the aerospace product and parts manufacturing sector accounted for $5.9 billion of Direct Indirect Total Total Oil and gas economy. [...] Worldwide imports of natural gas, in the form of Relative to Western Canada and the Asia-Pacific Liquefied Natural Gas (LNG), rose from 144 billion market for natural gas (in the form of LNG), the price cubic metres (bcm) in 2000 to 470 bcm in 2019, difference between Canada and Asia provides an an increase of 326 Bcm and 226 percent during opportunity for Canadian natural gas producers to the per. [...] The average weekly wage for landed immigrants in Between 2006 and 2020, average weekly wages the oil and gas sector was higher than for those in for landed immigrants employed in the oil and gas selected other sectors and the all-industry average.
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- 42
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- Canada
