Resource Sector Capital Investments, 2005-2009
As expected during a recession, levels of capital investments declined in 2009 compared to 2008 in Canada’s forests, mines, and energy industries. Despite this, trends over the last five years were positive in the mines and energy sectors, and natural resource-based investment has strengthened Canada’s economy.
Forestry: New Capital Investment
2005: 3.411 billion dollars
2006: 3.033 billion dollars
2007: 2.608 billion dollars
2008: 2.26 billion dollars
2009: 1.574 billion dollars
Mines: Complex Development
2005: 3.558 billion dollars
2006: 4.337 billion dollars
2007: 5.791 billion dollars
2008: 7.2 billion dollars
2009: 5.406 billion dollars
Mines: Exploration
2005: 1.346 billion dollars
2006: 2.0298 billion dollars
2007: 3.313 billion dollars
2008: 3.75 billion dollars
2009: 2.119 billion dollars
Energy: New Capital Investment
2005: 59.3 billion dollars
2006: 70.3 billion dollars
2007: 72.4 billion dollars
2008: 78.9 billion dollars
2009: 63.4 billion dollars
Total
2005: 67.615 billion dollars
2006: 79.6998 billion dollars
2007: 84.112 billion dollars
2008: 92.11 billion dollars
2009: 72.499 billion dollars