Canada's natural resource wealth, 2024
Canada's natural resource wealth—the dollar value of selected natural resource reserves—decreased by 10% from $1,520 billion in 2023 to $1,362 billion in 2024. These resources represented 8% of Canada's national wealth, as recorded in the National Balance Sheet Accounts in the fourth quarter of 2024. Energy resources (61%) accounted for the highest proportion of the total value of all natural resource assets in 2024, followed by mineral resources (28%) and timber (11%).
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