Canada is not an energy superpower and shouldn’t pretend to be one
The article argues that Canada should not consider itself an energy superpower despite recent claims. It highlights that Canada lacks the necessary infrastructure and market control that define true energy superpowers like Saudi Arabia and Russia. The author warns against using energy as leverage in negotiations, as it could jeopardize Canada's critical energy sector.
- ▪Canada is often referred to as an energy superpower, but this term is poorly defined.
- ▪The country does not meet the criteria to be considered an energy superpower, such as having a large share of the world's energy and control over production.
- ▪Canada's energy exports are heavily reliant on pipelines to the U.S., indicating mutual dependence rather than leverage.
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Open this photo in gallery:An oil field pumpjack works to produce crude while wind turbines produce green energy near Trochu, Alta., in 2022.Larry MacDougal/The Canadian PressShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountJoe Calnan is vice-president, energy and Calgary operations, at the Canadian Global Affairs Institute.In the past year, it has become fashionable to call Canada an energy superpower. While the term is poorly defined, the federal government seems to have embraced the view that Canada’s strengths in energy can be used for leverage as we approach the first formal joint review of the United States-Mexico-Canada Agreement, or USMCA.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.
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