Powering Canada’s economy
Canada is facing economic challenges. With rising costs, incomes not keeping up, and economic uncertainty, families from coast to coast are struggling. That’s why it’s important to keep all sectors of our economy going strong—including our oil sands industry.
Canada benefits from a strong energy sector
Now and in the years to come, the energy sector will contribute to Canada’s economic well-being.
From 2017–2023 the oil and gas sector contributed $123 billion to federal and provincial governments1. The contributions of the oil sands industry help to fund roads, bridges, schools and more.
Who we are
Pathways Alliance is made up of Canadian Natural, Cenovus, ConocoPhillips Canada, Imperial, MEG Energy and Suncor representing six of Canada’s largest oil sands producers.
The world needs secure energy
With the fourth largest oil reserves in the world,4 Canada has an important role to play in the global energy future. Forecasts vary, but what’s certain is that global energy demand hasn’t peaked yet—and oil will continue to be a major part of the energy mix.
Innovating Canada’s Oil Sands
Canada’s Oil Sands Innovation Alliance (COSIA) is the innovation arm of Pathways Alliance. Since 2012, COSIA has focused on collaborative action and innovation in oil sands environmental technology.
COSIA brings together academics, researchers, innovators and others to collaborate on solutions that could produce improvements in four priority areas:
- Tailings
- Water
- Land
- Greenhouse gases
Economy and Innovation fact sheet
March 2025
1, 3 Statistics Canada.
2, 4 Energy Fact Book 2024–2025, National Resources Canada, 2024.
5 World Data Lab via Visual Capitalist Blog, 2024.
6 International Energy Agency, 2024.
