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@PierrePoilievre. Here is the complete factual breakdown regarding Canada's resource production, recent federal policies, and G7 economic growth.
The Resource Engine 👇
Canada holds significant reserves and operates as a major global producer across multiple sectors. ✅
Water & Power: Canada holds roughly 7% of the world's renewable freshwater and ranks as the 3rd largest global producer of hydroelectricity.
Minerals & Energy: Canada produces approximately 33% of the global potash supply.
Canada holds the 4th largest proven oil reserves. Following the completion of the Trans Mountain expansion in May 2024, Canadian crude oil production and exports hit historic highs. Average production reached a record 5.13 million barrels per day in 2024 and grew to 5.19 million barrels per day in the first half of 2025, allowing West Coast crude exports to nearly double over the year.
Canada possesses the 4th largest uranium reserves and is the 2nd largest active producer globally.
Canada ranks in the top five for gold production, sits 6th in active nickel production, and actively supplies 10 of 12 NATO defence minerals.
The Policy Action 👇
During his first year in office,
@MarkJCarney 's administration enacted policies specifically targeting these sectors. The administration launched the "First and Last Mile Fund" to build out critical mineral supply chains. The government passed legislation implementing a "One Project, One Review" system to reduce federal approval times from five years to two.
The administration also doubled the Indigenous Loan Guarantee Program to $10 billion to spur resource development and secured a major critical minerals agreement with India.
GDP and G7 Standing 👇
The shared chart displays the economic data for Q4 2025. During that three month period, new U.S. tariffs forced manufacturers into a ⚠️ massive inventory drawdown, resulting in a 0.6% economic contraction.
The twelve month data provides the annual economic performance. Canada’s real GDP grew by 1.7% for the full year of 2025. This rate places Canada second among G7 economies for the year.
Here is the complete 2025 annual growth breakdown for all G7 economies:
United States: 2.2%
Canada: 1.7%
United Kingdom: 1.3%
Japan: 1.1%
France: 0.7%
Italy: 0.5%
Germany: 0.3%
Sources:
* Natural Resources Canada & Canada Energy Regulator
* Statistics Canada & U.S. Bureau of Economic Analysis (2025 GDP tracking)
* International Monetary Fund (October 2025 World Economic Outlook)
* Prime Minister's Office (2025 policy announcements)