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Energy policy of Canada

Energy policy of Canada
Energy policy of Canada

Canada has access to all main sources of energy including oil and gas, coal, hydropower, biomass, solar, geothermal, wind, marine and nuclear. It is the world's second largest producer of uranium, third largest producer of hydro-electricity, fifth largest natural gas producer, and the fifth largest producer of crude oil. In 2023, only Russia, China, the United States and Saudi Arabia produced more total energy than Canada. The United States is Canada's major trade market for energy products and services. Canada sent around 98% of its total energy exports to the United States in 2015, meaning that Canada is the largest supplier of energy exports to the world's largest economy by nominal GDP. Canada also exports significant amounts of uranium and coal to Asia, Europe and Latin America. Canada is a net exporter of energy products. In 2024, Canada exported $199.1 billion of energy products and imported $57.9 billion for a net of $141.2 billion of exports Canada has a robust energy profile with abundant and diverse resources. The energy and climate policies in Canada are interrelated. These energy and climate policies are implemented at both the federal and provincial government level. The federal government is responsible for establishing objectives for the entire country and the provincial governments are responsible for enforcing these objectives and developing the methods to achieve these goals. In 2015, the federal and provincial governments created a national agreement for cooperating in boosting the nation's energy industry while transitioning to a low-carbon economy. Provincial governments are developing their own strategies in order to reach the national goals. In 2016, Prince Edward Island Strategy became one of the first provinces to develop their own strategies in response to the federal agreement goals.

Also on this shelf

Harvey Hubbell.

GWR No. 12.

See also

Uncatalogued shelf

Text from Wikipedia; plate via Wikimedia Commons. Text CC BY-SA 4.0; plate freely licensed (see Commons). Source record. Images and catalogue data are reproduced from open-access collections.

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