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The department was known as Industry Canada (IC) prior to 2015. The department is led by the minister of innovation, science and industry (currently François-Philippe Champagne ), who also serves as the registrar general of Canada and is responsible for the department to Parliament .
The minister of innovation, science, and industry (French: ministre de l'innovation, des sciences et de l'industrie) is the minister of the Crown in the Canadian Cabinet who is responsible for overseeing the economic development and corporate affairs department of the government of Canada; Innovation, Science and Economic Development Canada.
The oil and gas industry represents 27% of Canada's total greenhouse gas emissions, an increase of 84% since 1990, mostly due to the development of the oil sands. [ 135 ] Historically, an important issue in Canadian politics is the interplay between the oil and energy industry in Western Canada and the industrial heartland of Southern Ontario.
Canada is the world's eighth-largest economy as of 2022, with a nominal GDP of approximately US$2.2 trillion. [1] It is a member of the Organisation for Economic Co-operation and Development (OECD) and the Group of Seven (G7), and is one of the world's top ten trading nations , with a highly globalized economy.
The lumber industry grew to become one of Canada's most important economic engines during this period. A market for Canadian wood developed in Britain where access to traditional sources of lumber for the construction of ships for the Royal Navy, as well as industrial structures, was blocked by Napoleon in 1806.
Statistics Canada (StatCan; French: Statistique Canada), formed in 1971, is the agency of the Government of Canada commissioned with producing statistics to help better understand Canada, its population, resources, economy, society, and culture. It is headquartered in Ottawa. [3]
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The minister of Export Promotion, International Trade and Economic Development (French: ministre de la Promotion des exportations, du Commerce international et du Développement économique) is a minister of the Crown in the Canadian Cabinet.