This statistic shows the distribution of the gross domestic product (GDP) of Alberta in 2022, by industry. In that year, the construction industry accounted for 8.27 percent of the GDP of Alberta.

This statistic shows the gross domestic product (GDP) of Alberta in 2022, by industry. In 2022, the GDP of the construction industry in Alberta was 25 billion chained 2012 Canadian dollars.

Canada's oil sands extraction industry contributes around 38 billion Canadian dollars to the country's GDP. This equates to 1.7 percent of total GDP. Since 2016, contributions by the industry, which is largely based in Alberta, have seen a net increase, rising to their highest value in 2023.

In 2023, the Canadian province of Newfoundland and Labrador had the highest unemployment rate in Canada. That year, it had a ten percent unemployment rate. In comparison, Québec had the lowest unemployment rate at 4.5 percent.

Nunavut

Nunavut is the largest and most northern province of Canada. Their economy is powered by many industries which include mining, oil, gas, hunting, fishing, and transportation. They have a high amount of mineral resources and many of their jobs come from mining, however, the territory still suffers from a high unemployment rate, which has fluctuated since 2004. The lack of necessary education, skills, and mobility are all factors that play a part in unemployment. Most of the population identifies as Inuit. Their official languages include English, French, and several Inuit languages. The capital is Iqaluit, which is their largest community and only city. The climate in Nunavut is a polar climate due to its high latitude, and as a result, it rarely goes above 50 degrees Fahrenheit.

Unemployment in Canada

The unemployment rate in Canada had been decreasing since 2009, but increased to 9.7 percent in 2020 due to the impact of the coronavirus pandemic. Since 2006, landed immigrants have faced higher unemployment rates compared to those born in Canada. Youth unemployment in Canada has fluctuated since 1998, but has always remained in the double digits. Additionally, the average duration of unemployment in Canada in 2023 was about 17.4 weeks.