Canada's oil production accounts for just 3% of our GDP.  3% of our GDP cannot account for an overall 4.6% change in our GDP.

Canada's real estate is 13% of our GDP, 4x more than oil production. Canada's tech/IT sector is 7% of our GDP, more than double oil production. Construction, banking/insurance, and manufacturing all dwarf oil production.

And you know what's absolutely minuscule? Softwood lumber. But for some reason, the media is fixated on oil and softwood lumber. I guess because it's easier to track barrels of oil than try to understand the true value of financials or intellectual property.