Publication #: 2018-0031
Published: Jul 2018
Canada has the third largest oil reserves in the world with 97 per cent of these reserves located in the oil sands. All forms of energy are needed to support a growing world population and improve quality of life. As global energy demand increases, 27 per cent of this demand will be met by oil in 2040, the largest single source of energy. Canada can help meet this need with its abundant natural resources.
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