what percentage of canada's economy is oil and gas
2.9% of GDP
title: Petroleum industry in Canada text: Petroleum industry in Canada Petroleum production in Canada is a major industry which is important to the economy of North America. Canada has the third largest oil reserves in the world and is the world's fifth largest oil producer and fourth largest oil exporter. In 2015 it produced an average of of crude oil and equivalent. Of that amount, 61% was upgraded and non-upgraded bitumen from oil sands, and the remainder light crude oil, heavy crude oil and natural-gas condensate. Most of Canadian petroleum production is exported, approximately in 2015, with almost all of the exports going to the United title: Economy of Canada text: Economy of Canada The economy of Canada is a highly developed mixed economy with 10th largest GDP by nominal and 16th largest GDP by PPP in the world. As with other developed nations, the country's economy is dominated by the service industry, which employs about three quarters of Canadians. Canada has the fourth highest total estimated value of natural resources, valued at US$33.2 trillion in 2016. It has the world's third largest proven petroleum reserves and is the fourth largest exporter of petroleum. It is also the fourth largest exporter of natural gas. Canada is considered an "energy superpower" due title: Oil reserves in Canada text: Oil reserves in Canada Oil reserves in Canada were estimated at as of the start of 2015 . This figure includes the oil sands reserves that are estimated by government regulators to be economically producible at current prices using current technology. According to this figure, Canada's reserves are third only to Venezuela and Saudi Arabia. Over 95% of these reserves are in the oil sands deposits in the province of Alberta. Alberta contains nearly all of Canada's oil sands and much of its conventional oil reserves. The balance is concentrated in several other provinces and territories. Saskatchewan and offshore areas title: Petroleum industry in Canada text: in 2006. The numbers exclude Shell Canada and ConocoPhillips Canada, two private subsidiaries that produced almost 500,000 barrels per day in 2006. The vast majority (97%) of Canadian oil production occurs in three provinces: Alberta, Saskatchewan, and Newfoundland and Labrador. In 2015 Alberta produced 79.2% of Canada's oil, Saskatchewan 13.5%, and the province of Newfoundland and Labrador 4.4%. British Columbia and Manitoba produced about 1% apiece. The four Western Canada provinces of Alberta, British Columbia, Saskatchewan and Manitoba all produce their oil from the vast and oil rich Western Canadian Sedimentary Basin, which is centered on Alberta but extends into title: Petroleum industry in Canada text: 1973 oil crisis drastically increased the price of imported oil, the economics of refineries became unfavorable, and many of them closed. In particular, Montreal, which had six oil refineries in 1973, now has only one. Ontario Quebec New Brunswick Newfoundland and Labrador The province of Newfoundland and Labrador is Canada's third largest oil producer with of light crude oil from its Grand Banks offshore oil fields in 2015, about 4.4% of Canada's petroleum. See the Newfoundland and Labrador section above for details. Most of the other offshore production was in the province of Nova Scotia, which produced of natural gas