Minister of Natural Resources
Canada is blessed with immense reserves of natural resources. Our Government works hard so Canadians can derive the full benefits of this strategic sector, which directly and indirectly accounts for almost one-fifth of our economy, 1.8 million jobs, over half our exports and $30 billion in annual taxes and royalties, which fund critical social programs.
In Ontario alone, employment in resource sectors exceed 280,000 jobs. Major project investments underway or planned over the next ten years in the province are estimated to reach to $70 billion, meaning there will be even more economic benefits from Ontario’s resource industry.
To ensure development is done responsibly, our government has taken action to reduce our environmental footprint and introduced world-class safety standards. We have invested $10 billion in clean energy since 2006.
As result of these initiatives, the International Energy Agency ranked Canada second in its rate of energy efficiency improvement among 16 developed economies.
Our government has taken action to reduce our environmental footprint and introduced world-class safety standards. We have invested $10 billion in clean energy since 2006.
Innovation in clean technologies help transition industries to be more efficient and environmentally responsible. In 2010 industry invested over $1 billion in fossil fuel energy supply research, development and demonstration.
Our Government’s plan for Responsible Resources Development can generate prosperity and security for Canadians now and for many future generations.