Canada's Energy Landscape Transforms with Increased Reserves and Key Infrastructure Developments in 2025
In 2025, Canada's energy landscape underwent significant changes, with U.S. economic pressures highlighting the importance of oil and gas for national independence. A report by the Alberta Energy Regulator increased Alberta's natural gas reserves by over 400%, placing Canada among the global top 10.
Alberta's oil reserves also rose by seven billion barrels, solidifying its position as the fourth largest in the world. There is optimism for a 'golden age' of energy projects, as advocacy groups push for expedited infrastructure development.
The Montreal Economic Institute projected that the unbuilt Energy East and Gazoduq/GNL Quebec pipelines could have enabled $38 billion in oil and gas exports to non-U.S. markets in 2024. In June, Keyera Corp. announced a $5.15 billion acquisition of Plains American Pipelines LLP's NGL business, creating a cross-Canada NGL corridor linked to markets in central Canada and the U.S. East Coast.
