Critical minerals added $26.3 billion to Canada’s economy in 2024, Statistics Canada reports

Critical minerals added $26.3 billion to Canada’s economy in 2024, Statistics Canada reports

Critical mineral production contributed $26.3 billion to Canada's economy in 2024, about 0.9 percent of nominal GDP and a third of the mining sector's output, while supporting nearly 57,500 jobs, Statistics Canada said in an Oct. 8 release. The agency cautioned, however, that most of the sector's headline gains since 2019 trace to volatile commodity prices led by potash rather than to production volumes, which have barely grown. The numbers arri…

Critical minerals added $26.3 billion to Canada’s economy in 2024, Statistics Canada reports (The Hub – October 8, 2026)

Home Critical mineral production contributed $26.3 billion to Canada’s economy in 2024, about 0.9 percent of nominal GDP and a third of the mining sector’s output, while supporting nearly 57,500 jobs, Statistics Canada said in an Oct. 8 release. The agency cautioned, however, that most of the sector’s headline gains since 2019 trace to volatile ...

Potash is king of Canada’s critical minerals

We all know that potash production is one of the key elements of Saskatchewan’s economy, comprising the lion’s share of one of the ‘F’s’ in our slogan Food, Fuel and Fertilizer. So, while we know potash is big to Saskatchewan, we don’t often talk about how big it is for Canada. StatsCanada has just answered […]