Ontario

Ontario's manufacturing sector is an important supplier for Canada's oil sands industry.

Quick facts

  • 8% of jobs created by the oil sands over the next 20 years will be in Ontario
  • 2,429 - number of producing oil and natural gas wells in Ontario in 2015
  • 392,000 barrels per day - Ontario's refining capacity which accounts for 20% of Canadian refining capacity
  • 1,100 companies - estimated number of companies from across Ontario that directly supply the oil sands with a variety of goods and services
  • $395 billion - contributed by the oil and natural gas sector to Ontario's economy over the next 20 years*
  • $1.7 billion - in taxes is paid each year to the provincial government as a result of oil and natural gas sector activities across Canada*

*Source: Canadian Energy Research Institute

Ontario's resources

North America's first commercial oil well was drilled in Ontario in 1858. Although Ontario is not a significant producer of petroleum, the province has over 2,400 producing oil and gas wells. Ontario's manufacturing sector is an important supplier for Canada's oil and natural gas industry. In 2012 and 2013, the oil sands sector purchased $4.6 billion in goods and services from 1,100 companies located in Ontario.

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