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This is a real pancakes and waffles moment. God, the Internet sucks some times. Where did I say "only"? As best as I can tell ~40% of Canada's exports to the U
by jmyeet 2mo ago
This is a real pancakes and waffles moment. God, the Internet sucks some times. Where did I say "only"?
As best as I can tell ~40% of Canada's exports to the US are energy, making it the most dominant export sector by far. One estimate I see is ~$160 annual value [1].
By comparison, lumber accounts for ~$6B. That's a rounding error.
Energy is the most significant Canadian export and it's deeply tied to the US (unfortunately).
[1]: https://www.cer-rec.gc.ca/en/data-analysis/energy-markets/market-snapshots/2026/market-snapshot-overview-of-2025-canada-us-energy-trade.html https://www.cer-rec.gc.ca/en/data-analysis/energy-markets/ma...