85% of Canada’s crude oil still flows to the U.S., making it our biggest export diversification opportunity
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0.00 · CENTER
ML v2 (DistilBERT)
0.259 · RIGHT
Ensemble
0.130 · CENTER
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Article Excerpt
85% of Canada’s crude oil still flows to the U.S., making it our biggest export diversification opportunity
ANALYSIS
5 JUNE 2026
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ARTICLE
SUMMARY
KEY STATS
Last year, Prime Minister Carney set a goal of doubling Canada’s non-U.S. exports within a decade to decrease our reliance on the U.S. market.
That means non-U.S. exports need to grow from $225 billion to $450 billion in 10 years. It’s a tall order, but not impossible; it took Canada 15 years to make this kind of headway the last time.
The good news is that topline trade numbers suggest Canada has already made progress towards this goal…
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