Canada’s Natural Wealth: Highlighting Canada’s strong natural resources sector, assessing the economic challenges, and identifying growth opportunities.

The report, Canada’s Natural Wealth: Highlighting Canada’s strong natural resources sector, assessing the economic challenges, and identifying growth opportunities, provides recommendations to address Canada’s place as one of the least productive G7 nations, with the country facing significant economic challenges, low productivity, declining living standards, regulatory uncertainty, and weak business investment.

Key findings

• Canada is facing significant economic challenges, including declining living standards, regulatory uncertainty, and weak business investment. Simply put, the Canadian economy is struggling and we’re not keeping pace with our peer countries.
• The natural resources sector is a powerhouse and should not be overlooked: Canada is blessed with an abundance of resources that support millions of jobs and billions in economic activity.
• The sector can further economic reconciliation efforts by continuing to support Indigenous-owned businesses, equity partnerships, and employment.
• There is an urgent need for balanced regulatory reforms that protect the environment, while enabling economic growth to keep Canada competitive globally.