Economic contribution of critical mineral production in Canada, 2024

With the increased global demand for critical minerals, the economic impact of their production has come into focus. Canada is a key link in the critical mineral supply chain, with critical mineral production contributing $26.3 billion to the total Canadian economy in 2024, representing roughly a 0.9% share, as measured by nominal gross domestic product (GDP). In 2024, critical minerals represented 33.4% of the mineral and mining sector, as defined by the Natural Resources Satellite Accounts.

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