Statistics Canada - Government of Canada
Accessibility: General informationSkip all menus and go to content.Home - Statistics Canada logo Skip main menu and go to secondary menu. Français 1 of 5 Contact Us 2 of 5 Help 3 of 5 Search the website 4 of 5 Canada Site 5 of 5
Skip secondary menu and go to the module menu. The Daily 1 of 7
Census 2 of 7
Canadian Statistics 3 of 7 Community Profiles 4 of 7 Our Products and Services 5 of 7 Home 6 of 7
Other Links 7 of 7

Warning View the most recent version.

Archived Content

Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please "contact us" to request a format other than those available.

Skip module menu and go to content.

Diamonds: Still Shining Brightly for Canada’s North

By Craig Byrd, International Trade Division, Statistics Canada

Since 1999, diamonds have had a profound impact on the economy of Canada’s North, in particular, the Northwest Territories (NWT). The Northwest Territories have made Canada a major player in the global diamond market, moving us to third in the world in terms of value of production and sixth in terms of volume by 2004.

The value of Canadian diamond production trails that of long-time leader, Botswana, and is rapidly catching Russia. Diamond mining and related activities have been the driving force behind the economic turnaround for the entire Northwest Territories. The discovery of, and resulting boom in, diamond mining occurred when production in the NWT’s other mining area, gold, was being scaled back, thus further magnifying its impact.

The impact of the discovery of diamonds in the NWT extends far beyond the scope of increased exports. Diamonds have had a significant effect on many aspects of the economy of the NWT. Manufacturing shipments, employment, gross domestic product (GDP) and income per capita have all seen remarkable turnarounds since the onset of production in 1999.

This paper examines the overall impact of diamonds on the Northwest Territories since 1999 and provides data on production values from 2002 to 2005.

Home | Search | Contact Us | Français Top of page
Date modified: 2006-06-12 Important Notices
Online catalogue Main page of Diamonds: Still Shining Brightly for Canada's North Highlights Findings Data tables Methodology More information Download Diamonds: Still Shining Brightly for Canada's North in PDF format