- System
- IEA
- Holding model
- mixed
- Stockholding body
- No federal reserve and no central stockholding entity. The Energy Supplies Allocation Board (ESAB) administers emergency allocation under the Energy Supplies Emergency Act; stocks are commercial industry stocks only
- Obligation
- No stockholding obligation. Canada is a net oil exporter and is not obliged to meet the IEA 90 day stockholding requirement; Canadian legislation imposes no stockholding obligations (IEA)
- Reporting
- no regular publication
Emergency powers in Canada are allocation, rationing and import and export regulation, not stock drawdown.
Latest disclosure
The government does not publish a current strategic stock level because there is no government stockpile. The IEA country page records Canada's storage quantity as not applicable.
Last recorded action
2026-03-11: release of 23.6 million barrels. Canadian contribution to the IEA collective action of 11 March 2026 was 23.6 million barrels recorded by the IEA as an other contribution (a production increase), not a stock release. Public stocks and obligated industry stocks were both zero in the IEA table. (source)