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Canadian economy has never been more dependent on western energy as oil climbs: BMO

BD: 'Canada’s economy is set to become even more dependent on oil as prices climb. BMO calculations show WTI averaged $77 in Q4 2021, compared to $90 today. This is set to send energy’s share of the economy soaring. “Crude oil accounted for 78% of the energy surplus, with the remainder due (in descending order of importance) to natgas, coal, electricity and nuclear fuel.”'

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