Language selection

WxT Language switcher

/ Gouvernement du Canada

Energy Fact Book, 2025-2026: Investment

Investment in energy systems ensures that the energy Canadians need is available and is used efficiently, while supporting economic opportunities and exports. Investment in energy innovation is an important element in the development of a clean economy.

Download the full Energy Fact Book, 2025-2026 (PDF, 22.32 MB)

Download Section 2 of the Energy Fact Book, 2025-2026 (PDF, 1.73 MB)

Learn more about energy investment in Section 2 of the Energy Fact Book including:

  • Capital expenditures and environmental protection expenditures
  • Foreign direct investment and Canadian direct investment abroad
  • Canadian energy assets abroad, foreign control of assets, major energy projects in Canada, Canada's energy infrastructure
  • Research, development and demonstration (RD&D) and mission innovation

Key facts

  • Capital expenditures in Canada's energy sector totaled $89 billion in 2024. Oil and gas extraction was the largest area of energy sector capital expenditure at $43 billion in 2024, followed by electrical power generation and distribution ($32 billion).
  • Fuel, energy and pipeline infrastructure make up the largest proportion of Canada's infrastructure at 30% of net stock 2024. Investment and operations of the infrastructure created 176.1 thousand jobs and $28.5 billion in gross domestic product (GDP).
  • In 2024, there were 231 planned (announced, under review, or approved) major energy projects worth $351 billion, and 109 energy projects under construction worth $159 billion. There were 215 clean technology projects valued at $194 billion.
  • The stock of foreign direct investment (FDI) in the energy sector fell in 2024 to $157 billion (+12.4% over the previous year). The energy industry's share of overall FDI in Canada was 10% in 2024, same as in 2023.
  • In 2023-24, federal energy research, development and demonstration expenditures were $1,464 million and provincial and territorial government expenditures were $396 million, for a combined total of $1,860 million.

Access other Energy Fact Book sections

Report a problem or mistake on this page
Please select all that apply:

Thank you for your help!

You will not receive a reply. For enquiries, please contact us.

Date modified:

How to use

Instructions to maximize the use of this interactive tool

Use this Power BI© tool to access and see the most updated data available. All values in the Map, Data table and Graphs will automatically update based on the user's selection.

To select a specific category or sub-category, select the desired toggle elements within the tool box on the left hand side (i.e., Industry or Reference period). Depending on the data views selected, multiple choices may be available for subject categories, geographies, reference periods, etc. To view the associated data, select the "Data table" tab located on the top right hand corner of the data visualisation.

To return back to the visualisation, select "Map" or "Chart" tab which is next to the Data table tab.

To access other available options, such as to export or sort, position your mouse over the top right hand corner of the data visualisation then select the three consecutive points [...] that will appear. From there you can then select the desired option that follows (Export data, Show as a table, Spotlight).

To access the various referenced data tables used to prepare the visualisation, select "Data sources" located directly below it then click on the applicable table.