After years of debating how quickly to reduce its dependence on fossil fuels, Canada is now looking for ways to produce and export more of them.
The shift is being driven by two geopolitical shocks, both courtesy of US President Donald Trump. First, there’s the tariff war kicked off at the beginning of Trump’s second term, which exposed the risks of overreliance on any one trading partner. Then there’s the US war with Iran, which reminded energy importers of the dangers of depending too heavily on any one region – particularly a volatile one.