Amid an energy crisis, the world is drawing on its oil reserves. Why doesn't Canada have any? | Page 7 | Unpublished
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Publication Date: March 13, 2026 - 04:00

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

March 13, 2026

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 But some say that rule is outdated, and our at-capacity oil industry can't do much to help fill the gap created by stalled tanker traffic in the Strait of Hormuz.



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