Canada sends a large majority of its energy exports to the United States, most notably crude oil. In turn, the United States had until 2015, when restrictions on U.S. crude oil exports had lifted, exported almost all of its crude oil exports to Canada. These exports were usually destined for eastern Canada and were typically light sweet grades of oil. Natural gas is largely shipped through pipelines between the two countries. Increased demand for resources like wood pellets have also led to increased production and is largely exported to other regions such as Asia and Europe.
In recent years, a goal towards boosting Canada’s economy in tandem with a transition towards a low-carbon economy through stringent energy efficiency and emission standards for various sectors has been implemented. Although Canada has an abundance of natural resources, including oil and natural gas, which are primarily located within Albert’s oil sands, the country maintains a largely low-carbon electricity mix – primarily hydro and nuclear. Nevertheless, Canada remains one of the largest greenhouse gas emitters per capita in the world.