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<div>Canada’s cheaper, cleaner and lower-risk oil can rival a resurgent Venezuela, Carney says</div>
News January 7, 2026 1 min read 0 views

Canada’s cheaper, cleaner and lower-risk oil can rival a resurgent Venezuela, Carney says

Carney stands at a micropohone and podium outside the Canadian embassy in Paris.

Prime Minister Mark Carney says he’s not worried about the prospect of increased oil production from Venezuela challenging Canada’s energy exports because Canadian oil is cheaper, cleaner and lower risk.

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