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Ocean Industries: A Growing Part of Canada's Economy

Demands on our oceans and marine resources are growing fast. While offshore oil & gas, marine transportation and fishing continue to be very important to Canada's economy, there are many new ways in which we are using our oceans. Today, key economic activities in Canada's oceans include:

Fisheries and Oceans Canada's (DFO's) fisheries management program works to provide Canadians with a sustainable fishery resource...

Aquaculture is the farming of fish, shellfish and aquatic plants in fresh or salt water.


 

More and more, Canada is using its oceans to find and develop new sources of energy.

Marine transportation industries bring vital social and economic benefits to all Canadians, especially to those living in coastal communities.


 

From fishing to generating electricity from waves, ocean industries are diverse and on the rise.

Ocean industries are defined as those generating revenue from activities that take place in the marine environment.

In 2000, ocean industries employed 152,000 Canadians and contributed $11.7 billion to our gross domestic product.

In 2006, using a broader measurement methodology, oceans activities employed 315,000 Canadians and contributed $27.6 billion to our gross domestic product.

Fisheries and Oceans Canada (DFO) works with stakeholders, and all levels of government, to coordinate policies and programs to manage Canada's oceans and ocean resources.

For more information on the economic impact of marine related activities in Canada, go to: http://www.dfo-mpo.gc.ca/ea-ae/economic-analysis-eng.htm