
Canada offers investors rich resources, cutting-edge expertise, innovative technology, and a host of advanced equipment that are essential to the development of oil and gas resources. Canada´s oil reserves, totalling 180 billion barrels, are second in the world, placing Canada ahead of Iraq and Iran and behind Saudi Arabia.
Canada is the third largest producer of natural gas in the world and ranks ninth in the production of crude oil. Canada also has the world´s largest oil sands reserves, while its offshore reserves have only begun to be tapped. Its close proximity to the United States is another notable advantage, with Canada serving as an entry point to the world´s largest oil and gas equipment market.
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