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Varcoe: ‘All hat and no cattle’: Canada has big reserves, but can’t get much more oil to strained global markets today

Canada doesn’t have a strategic petroleum reserve — like the United States — and still imports foreign oil into parts of Eastern Canada

U.S. President Donald Trump has been trying to talk down oil prices during a war in the Middle East.

Federal Natural Resources Minister Tim Hodgson is trying to talk up increasing Canadian oil production to help strained global markets.

Good luck to both.

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