South America / GoM
Country profile: Canada
Location: | Northern North America, bordering the North Atlantic Ocean on the east, North Pacific Ocean on the west, and the Arctic Ocean on the north, north of the conterminous US |
Climate: | varies from temperate in south to subarctic and arctic in north |
Terrain: | mostly plains with mountains in west and lowlands in southeast |
Size: | 9984670 sq. km total (Land area: 9093507 sq. km Water area: 891163 sq.km) |
Population: | 33,212,696 (July 2008 est.) |
Languages: | English (official) 59.3%, French (official) 23.2%, other 17.5% |
Government: | constitutional monarchy that is also a parliamentary democracy and a federation |
Capital city: | Ottawa |
Legal system: | based on English common law, except in Quebec, where civil law system based on French law prevails; accepts compulsory ICJ jurisdiction, with reservations |
Currency: | Canadian dollar (CAD) |
Licensing: |
Country profile
Canada has considerable natural resources and is one of the world’s largest producers and exporters of energy. In 2005, Canada produced 19.1 quadrillion British Thermal Units (Btu) of total energy, the fifth-largest amount in the world. Since 1980, Canada’s total energy production has increased by 86 percent, while its total energy consumption has increased by only 48 percent during that period. Almost all of Canada’s energy exports go to the United States, making it the largest foreign source of U.S. energy imports: Canada is consistently among the top sources for U.S. oil imports, and it is the largest source of U.S. natural gas and electricity imports.
Recognizing the importance of the energy trade between the two countries, both participate in the North American Energy Working Group, which seeks to improve energy integration and cooperation between Canada, the U.S., and Mexico. In 2005, the largest source of energy consumption in Canada was oil (31 percent), followed by hydroelectricity (25 percent) and natural gas (24 percent). Both coal (12 percent) and nuclear (7 percent) constitute a smaller share of the country’s overall energy mix. From 1985-2005, Canada’s overall energy mix has remained relatively stable, though hydroelectricity has decreased from 31 percent to 25 percent.
Energy production and consumption
Oil | Gas | |
Production: | 3 million bbl/day (2005) | 178 billion cu m (2005 est.) |
Consumption: | 2 million bbl/day (2005) | 92 billion cu m (2005 est.) |
Exports: | 2 million bbl/day (2005) | 101 billion cu m (2005 est.) |
Imports: | 1 million bbl/day (2005) | 9 billion cu m (2005 est.) |
Reserves: | 178 billion bbl | 1 trillion cu m (1 January 2006 est.) |
Major fields: |
Canada - recent news
03 Sep 25 |
Canada: LNG Canada achieves 10 cargoes destined for global markets LNG Canada has marked the safe departure of a 10th LNG cargo destined for global markets – a milestone made possible by the dedication of everyone in and around LNG Canada who are making Canada’s first large-scale LNG export operation a reality. |
01 Sep 25 |
Canada: BW Offshore signs Head of Agreement with Equinor for Bay du Nord FPSO BW Offshore has signed a Head of Agreement (HoA) with Equinor Canada, confirming its selection as preferred bidder for the Floating Production, Storage and Offloading (FPSO) unit for the Bay du Nord project offshore Newfoundland and Labrador, Canada. |
23 Aug 25 |
Canada: Cenovus Energy announces agreement to acquire MEG Energy Cenovus Energy has entered into a definitive arrangement agreement to acquire MEG Energy Corp. in a cash and stock transaction valued at $7.9 billion, inclusive of assumed debt. The acquisition reinforces Cenovus’s position as the pre-eminent SAGD oil sands producer. |
07 Aug 25 |
Vestas wins 274 MW order in Canada from EDF power solutions North America Vestas has received a 274 MW order from EDF power solutions North America to supply 25 EnVentus V162-6.0 MW wind turbines and 20 EnVentus V162-6.2 MW wind turbines for the Madawaska wind project in Québec, Canada including a 10-year Active Output Management (AOM) 5000 service agreement. |
03 Aug 25 |
Canada: Fluor JV awarded Front End Engineering and Design for proposed Phase 2 expansion of the LNG Canada facility in British Columbia Fluor Corporation has announced that its Joint Venture with JGC Corporation has been awarded the contract to update the Front End Engineering and Design (FEED) for a proposed Phase 2 expansion of the LNG Canada facility located on the traditional territory of Haisla Nation in Kitimat, British Columbia, Canada. |
Canada - more news
Other countries in this region
- Argentina,
- Aruba,
- Bahamas,
- Barbados,
- Belize,
- Bermuda,
- Bolivia,
- Brazil,
- Chile,
- Colombia,
- Costa Rica,
- Cuba,
- Dominican Republic,
- Ecuador,
- Falklands,
- French Guiana,
- Grenada,
- Guatemala,
- Gulf of Mexico,
- Guyana,
- Honduras,
- Jamaica,
- Mexico,
- Nicaragua,
- Panama,
- Paraguay,
- Peru,
- Suriname,
- Trinidad,
- Uruguay,
- USA,
- Venezuela