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Natural resources

Land of
opportunities

Abundant natural resources make Canada a prime location for forward-thinking companies looking for advanced R&D and world-class expertise in energy, minerals and metals, forestry, geoscience and sustainable resource management.

Canada offers reliable transportation infrastructure that connects businesses to markets around the world. Focused on a greener future, Canada is committed to environmental, social and governance (ESG) initiatives in the natural resources industry.

Mining

Naturally rich in minerals and metals, Canada has a well-established mining ecosystem and deep commitments to protecting the environment for future generations.

Canada’s mining industry

Hydrogen

As a world leader in hydrogen and fuel cell technologies, Canada is poised to help shape the future of hydrogen. It is also the lowest-cost producer of zero-carbon and low-carbon hydrogen among the 21-member Asia-Pacific Economic Cooperation (APEC) economies.

Canada’s hydrogen industry

Forest products

Canada is one of the top global manufacturers of forest products. It is also among the world’s largest producers and exporters of softwood lumber. Increasing demand for wood products and a growing need for alternative energy solutions are creating new opportunities for global companies investing in Canada. In 2021, forestry contributed $34.8 billion to Canada’s GDP.

Oil and gas

Canada has 10% of the world’s proven oil reserves, with refineries able to process nearly 2 million barrels of oil per day. Canada’s upstream oil and natural gas industry spends more than $1 billion on environmental protection each year, more than all other Canadian industries combined. Canada also produces and exports propane, butane and ethane.

How we help

Invest in Canada provides personalized services to global natural resources companies. We help identify opportunities and incentives, and connect you with the right people to support your growth plans.

Discover our services

Recent investments

Buckeye Partners

Type of investment
Acquisition of Bear Head Energy
Source country
United States
Location
Port Hawkesbury, NS

DeBeers

Type of investment
Land purchase to expand Canada’s newest diamond mine
Total invested
$436 million
Total jobs
395
Source country
United Kingdom
Location
Yellowknife, NT

BHP Group

Type of investment
Development of the Jansen Potash Project
Total invested
$12.5 billion
Total jobs
4,100
Source country
Australia
Location
Jansen, SK

Sumitomo Metal Mining

Type of investment
Gold mining project joint venture with IAMGOLD
Total invested
$1.3 billion
Total jobs
450
Source country
Japan
Location
Gogama, ON

Air Liquide

Type of investment
New hydrogen facility in Bécancour
Source country
France
Location
Bécancour, QC

Vale

Type of investment
Mining activities expansion
Total invested
$150 million
Total jobs
61
Source country
Brazil
Location
Thompson, MB

Air Products

Type of investment
New blue hydrogen energy complex
Total invested
$1.3 billion
Total jobs
2,500
Source country
United States
Location
Edmonton, AB

Elkem

Type of investment
New biocarbon pilot plant
Total invested
$26 million
Total jobs
2
Source country
Norway
Location
Chicoutimi, QC

Rio Tinto Group

Type of investment
Facility expansion to increase low-carbon aluminum production
Total invested
$193.6 million
Total jobs
81
Source country
United Kingdom
Location
Saguenay, QC

Newmont

Type of investment
Development of Coffee Gold Mine project
Total jobs
700
Source country
United States
Location
Yukon

Rio Tinto Group

Type of investment
Purchase of Diavik diamond mine
Source country
United Kingdom
Location
Yellowknife, NT

Rio Tinto Group

Type of investment
Low-carbon smelting project
Total invested
$188 million
Total jobs
40
Source country
United Kingdom
Location
Alma, QC

Cheetah Resources

Type of investment
Development of the Nechalacho project, Canada’s first rare-earth metals mine
Source country
Australia
Location
Yellowknife, NT