LISTEN: CEC’s Mark Milke on how much foreign oil Canada imports

Despite massive oil reserves, Canada imported $477 billion on foreign oil imports from 1988 to 2019

By CEC Staff
Mark Milke

Canadian Energy Centre director of research Mark Milke was on the Danielle Smith show to discuss Canada’s ongoing use of foreign oil imports, despite boasting the third largest oil reserves on the planet.

Research from Milke and co-author Lennie Kaplan found that Canada had spent $477 billion between 1988 and 2019 on oil from several countries, including Saudi Arabia, Russia and the U.S. That amounts to about 749,000 barrels of oil from foreign sources every day.

Listen to the interview here: