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Money · Canada

DATA RELEASE

Canada’s August crude-oil output rose 2.3% from a year earlier

Published by · · Toronto

Statistics Canada reported October 30 that crude oil and equivalent production reached 27.4 million cubic metres in August, up 2.3% from August 2025. Oil sands extraction was the largest contributor to the increase. These are production-volume statistics, without seasonal adjustment; they do not measure household fuel prices or predict what drivers will pay next.

Why it matters

Production volumes and retail fuel prices answer different economic questions.

Source dated October 30, 2026 · Statistics Canada ↗

Adapted from Statistics Canada, Energy statistics, August 2026, released October 30, 2026. This does not constitute an endorsement by Statistics Canada of this product.

Independent factual brief. Original BriefDash illustration. Automated preparation and publication; editorial policy ↗

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