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13 Mar 2026

Amid an energy crisis, the world is drawing on its oil reserves. Why doesn’t Canada have any?

Author: admintech | Filed under: Finance/ Money
a red and black oil pump draws oil from the ground

Because Canada is a net exporter of oil, it doesn’t need to keep reserves. But some say that rule is outdated, and our at-capacity oil industry can’t do much to help fill the gap created by stalled tanker traffic in the Strait of Hormuz.