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Canada’s oil industry thrives despite Trump’s trade war

Saturn Oil and Gas, Stampede Drilling and Arrow Exploration show robust growth as debate swirls on energy production
Canada’s vast oil reserves, largely in Alberta and Saskatchewan, supply the majority of US imports

Canadian oil and gas companies have maintained some resilience even amid recent global turmoil as their southern neighbour initiates a trade war and stock markets and crude prices slide.

Saturn Oil and Gas, Stampede Drilling and Arrow Exploration are among the 100 most rapidly growing companies in the Americas, according to a 2025 Financial Times ranking. Saturn was the industry’s fastest growing company in the region, placing fifth overall, after it posted a compound annual growth rate of 353 per cent between 2020 and 2023.

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