CEC Fact Sheet #73 | January 2023 $ 8
4 January 2023
- 2 - $8.1 billion and 71,500 jobs: The impact of oil and gas (and Alberta) on Ontario’s economy 2008-2018 total: $326.8 billion worth of Alberta is Ontario’s third largest export goods and services from Ontario market after the United States and Quebec Ontario has benefited from the growth in Alberta’s oil Ontario’s interprovincial trade with Alberta was worth $34.2 and gas sector and the purchas. [...] - 3 - $8.1 billion and 71,500 jobs: The impact of oil and gas (and Alberta) on Ontario’s economy Alberta and Ontario’s manufactured goods Conclusion In 2018, Ontario’s manufacturing sector exported nearly The oil and gas sector in Canada has a significant impact $7.5 billion worth of goods and services to Alberta, about 21 on Ontario’s export sectors, directly and indirectly, as does percent of th. [...] Definitions The oil and gas sector is defined as the sum of oil and gas extraction and oil and gas investment. [...] This subsector includes the production of oil, the mining and extraction of oil from oil shale and oil sands, and the production of gas and hydrocarbon liquids through gasification. [...] We use the American Petroleum Institute definition of the oil and natural gas sector to quantify the goods and services purchased by the sector and the wages paid by the sector.