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

Mar 13, 2026 - 23:02

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

A pumpjack draws out oil and gas from a well head near Cremona, Alta., Tuesday, July 15, 2025. Canada has the third largest oil reserves in the world and is the world's fourth largest oil producer.

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