Canada Energy Regulator - Energy reports

Canada Energy Regulator - Energy reports2026-07-15T08:26:00-06:00http://www.cer-rec.gc.ca/glbl/mg/wmms.gifhttp://www.neb-one.gc.ca/Canada Energy RegulatorMarket Snapshot: Canadian crude oil imports dipped slightly in 2025, with most still coming from the U.S.2026-07-15T08:26:00-06:00urn:uuid:fd33b464-f83b-42d7-b043-929a7d52dfa4

In 2025, Canada imported 506 thousand barrels per day (Mb/d) of crude oil, down 2% from 517 Mb/d in 2024. Imports remain roughly 200 Mb/d below pre-pandemic levels. This is partly due to the closure of the Come by Chance Refinery in Newfoundland and Labrador in 2020, which relied on imported crude oil. The total cost of imported crude oil was $17.8 billion in 2025, 14% lower than in 2024.

Canada Energy RegulatorMarket Snapshot: Feedstocks to End Use: Bioenergy’s Role in Canada’s Energy Future2026-07-02T07:55:00-06:00urn:uuid:3a33a290-164e-49c5-b469-4688d24ad44d

Canada’s Energy Future 2026 (EF2026) results show notable growth—10% to 150%—in bioenergy demand, between 2023 and 2050. EF2026 projects growth in various types of bioenergy through detailed modeling under four scenarios: Lower, Current Measures (CM), Higher, and Canada Net-Zero (CNZ). These scenarios show bioenergy demand growth of 10%, 32%, 73%, and 150% respectively, between 2023 and 2050 (Figure 1).

Canada Energy RegulatorMarket Snapshot: Oil pipeline throughputs remained high in 20252026-06-24T09:03:00-06:00urn:uuid:457094f9-7d71-499b-bdeb-daa1c2c49937

In 2025, throughput on Canada’s three largest crude oil pipelines (Enbridge Canadian Mainline, Keystone pipeline, and Trans Mountain System) remained high. These pipelines transport oil from the Western Canada Sedimentary Basin (WCSB) to Canadian, United States (U.S.), and other international destinations.