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In July 2026, a trilateral Memorandum of Understanding (MOU) between the Government of Canada, the Government of Alberta and five major oil sands producers established a framework linking expanded production capacity to historic investment in carbon capture technology and new export infrastructure.
Canada’s oil patch is experiencing another major M&A boom, with more than $30 billion in deals so far in 2026 and activity potentially surpassing the $53 billion recorded in 2017.
Canadian E&P gains momentum as wider market access, better technology and rising earnings estimates spotlight three stocks.
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