Energy in Canada

Energy In Canada

Canada is the 5th largest producer of energy in the world, producing about 6% of global energy supplies. It is the world's largest producer of natural uranium, producing one-third of global supply, and is also the world's leading producer of hydro-electricity, accounting for 13% of global production. It is also a significant producer of petroleum, natural gas, and coal. Only Russia, the People's Republic of China, the United States and Saudi Arabia produce more total energy than Canada.

The United States is Canada's major trade market for energy products and services. Canada sends around 98% of its total energy exports to the United States, meaning that Canada is the largest supplier of energy exports to the world's largest economy. Canada also exports significant amounts of uranium and coal to Asia, Europe and Latin America.

Despite being a net energy exporter, Canada also imports large amounts of energy products. It is both an importer and exporter of coal and petroleum because its major coal and oil fields are located in Western Canada, particularly in Alberta, far removed from its main population and industrial centers in Ontario and Quebec, and many of its oil refineries cannot handle the types of oil produced in Canada.