South America / GoM

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Summary | Profile

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

29 May 24
Canada: VAALCO Energy announces successful drilling campaign results in Canada
VAALCO Energy has announced that it has drilled, completed and brought onto production four long lateral wells in Canada.
01 May 24
Canada: C-NLOPB announces 2024 Call for Bids in the Eastern Newfoundland Region
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued a Call for Bids for Exploration Licences in the Eastern Newfoundland Region. Call for Bids No. NL24-CFB01 (Exploration Licences, Eastern Newfoundland Region) consists of 41 parcels and a total of 10,287,196 hectares.
08 Apr 24
Canada: Baker Hughes to supply electric driven liquefaction technology for Cedar LNG project
Baker Hughes, an energy technology company, has been awarded an order from Black & Veatch, a global engineering, construction and consulting leader, to supply Cedar LNG in Canada with electric driven liquefaction technologies.
07 Mar 24
Canada: Fort McKay First Nation and Suncor Energy to partner on prospective oil sands development opportunity on reserve lands
Fort McKay First Nation and Suncor have announced the signing of a Memorandum of Understanding on a prospective oil sands lease development opportunity on Fort McKay reserve lands in the Regional Municipality of Wood Buffalo and respectively Fort McKay First Nation Traditional Territory.
20 Feb 24
Canada: Worley awarded field construction contract by Imperial
Worley has been awarded a field construction contract by Imperial Oil Resources related to the in-pit tailings infrastructure project at the Kearl oil sands facility in Alberta, Canada.

Canada - more news

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