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Why the oil sands are important to Canada.

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Answer:

The oil sands are a strategic resource that contributes to economic opportunity and energy security for Canada, North America and the global market. The oil sands comprise 167.2 billion barrels of crude oil – 97 percent of Canada’s 172.5 billion barrels of proven oil reserves – and are a vital part of the Canadian economy.

Source: nrcan.gc.ca

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