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Power Play: Strategic Oil Reserve Could Give Canada Critical Trade Leverage

Power Play: Strategic Oil Reserve Could Give Canada Critical Trade Leverage
Source: Financial Post

Canada has an unprecedented opportunity to bolster its global trade leverage by establishing a national strategic oil reserve, according to policy expert David Knight Legg.

The ambitious proposal hinges on uniting Alberta’s vast crude supplies with Ontario’s geological storage formations and manufacturing infrastructure, creating a unified domestic energy shield.

Advocates emphasize that this cross-provincial partnership would not only insulate the nation against international price shocks, but also convert passive energy assets into real economic clout on the world stage.

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