Canada’s oil and gas industry has seen its share of the country’s merchandise exports jump over the past two decades, and energy is now a crucial contributor to Canadian trade and economy. While the federal government is looking to reduce greenhouse gas emissions by a proposed cap on emissions from oil and gas and additional carbon taxes, facts and figures of the past decade show that energy exports are now nearly a quarter of the value of Canada’s total exports. This will likely continue to be the case in the foreseeable…
Oil and Gas Exports Are Increasingly Important for Canada’s Economy
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