Canada's Resource Wealth in Focus as Trump Talks 51st State -- Market Talk

Dow Jones

Mar 13, 2025

0931 ET - President Trump's focus on annexing Canada to make it the 51st U.S. state has put the northern nation's wealth of natural resources in the spotlight, but just what is that worth? Based on data from Statistics Canada, the country's mineral and energy reserves and timber combined accounted for nearly C$1.3 trillion in the last quarter, or 7.5% of the country's national wealth. Canadian exports of minerals, energy and timber represent a big contributor to its economy and to the economic activity of countries who benefit from this trade, including the U.S., the data agency notes. It says 2024 data on Canadian international merchandise trade shows selected domestic exports of minerals, energy and timber products accounted for over C$300 billion, with nearly three-quarters of this destined for the U.S. on a customs basis. (robb.stewart@wsj.com; @RobbMStewart)

(END) Dow Jones Newswires

March 13, 2025 09:31 ET (13:31 GMT)

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Based on data from Statistics Canada, the country's mineral and energy reserves and timber combined accounted for nearly C$1.3 trillion in the last quarter, or 7.5% of the country's national wealth. Canadian exports of minerals, energy and timber represent a big contributor to its economy and to the economic activity of countries who benefit from this trade, including the U.S., the data agency notes. It says 2024 data on Canadian international merchandise trade shows selected domestic exports of minerals, energy and timber products accounted for over C$300 billion, with nearly three-quarters of this destined for the U.S. on a customs basis. (robb.stewart@wsj.com; @RobbMStewart) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 13, 2025 09:31 ET (13:31 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Canada's Resource Wealth in Focus as Trump Talks 51st State -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCanada's Resource Wealth in Focus as Trump Talks 51st State -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-13 21:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0931 ET - President Trump's focus on annexing Canada to make it the 51st U.S. state has put the northern nation's wealth of natural resources in the spotlight, but just what is that worth? Based on data from Statistics Canada, the country's mineral and energy reserves and timber combined accounted for nearly C$1.3 trillion in the last quarter, or 7.5% of the country's national wealth. Canadian exports of minerals, energy and timber represent a big contributor to its economy and to the economic activity of countries who benefit from this trade, including the U.S., the data agency notes. It says 2024 data on Canadian international merchandise trade shows selected domestic exports of minerals, energy and timber products accounted for over C$300 billion, with nearly three-quarters of this destined for the U.S. on a customs basis. 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(robb.stewart@wsj.com; @RobbMStewart) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 13, 2025 09:31 ET (13:31 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}