Nothing is more critical to the U.S. economy and to our region’s competitiveness than access to secure and reliable energy. Canada is America’s largest and most secure supplier of all forms of energy, carried by some 74 oil and gas pipelines and 34 transmission lines across our shared border.
The Canada-U.S. energy relationship is responsible for tens of thousands of jobs on both sides of the border. Thousands of American companies supply Canada’s energy industry, meaning our energy systems are highly integrated.
Canada has the third-largest crude oil reserves in the world. The U.S. imports 43% of its crude oil from Canada. That said, Canada is also investing in new technology and infrastructure to be a global leader in clean energy. We are taking a balanced approach to developing our energy resources; one that creates prosperity, while reducing emissions and preserving the environment. Critically, renewable sources account for 66% of Canada’s electricity, and over 80% of Canada’s power supply is non-emitting.
Canada is committed to finding solutions to climate change in a manner that seizes the economic opportunities available. The Pan-Canadian Framework on Clean Growth and Climate Change provides measures to price carbon pollution, reduce emissions, and accelerate innovation in the clean technology sector.
Canada and the U.S. have a long history of working together to improve air quality and mange our shared water resources. The Canada-U.S. Air Quality Agreement has resulted in substantial public health and environmental benefits in both countries, including a 40% reduction in emissions causing smog and a 60% reduction in emissions causing acid rain.
Canada has committed millions to address flooding and nutrient pollution affecting drinking water for border communities. We have also made the most significant investment ever to protect our oceans and coastlines, and have instituted world-leading safety standards for pipelines.
Through binational agreements, Canada and the U.S. ensure that the wildlife that ranges across our shared border is managed sustainably and in cooperation with Indigenous peoples. For example, we have worked together with Mexico to jointly manage migratory birds for over 100 years.