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Canada fuels American growth: supplying 99% of their natural gas imports, 85% of electricity imports, and 60% of crude oil imports.

Speaker
Mark Carney
Statement date
22 August 2026

Reviewed material

The claim in context

View the original source of the claim

Carney cited the figures while arguing that the U.S. merchandise trade deficit with Canada is heavily driven by American purchases of Canadian energy.

Context supplied with the claim
Preliminary verdict

Mixed

High confidence

AI-assessed confidence, not a measured probability. What this means

The figures are broadly consistent with official 2023 Canadian energy-trade data, but they are presented without a year and are not fully current for the August 22, 2026 statement date. Official 2025 data reports nearly 100% of U.S. natural-gas imports, 81.3% of electricity imports, and 63.4% of crude-oil imports coming from Canada.

Keep in mind:
  • The statement does not specify a reference year; the verdict interprets it as a current claim made on August 22, 2026.
  • The percentages refer to Canada’s share of U.S. imports of each energy category, not Canada’s share of total U.S. consumption.
  • The broad phrase “fuels American growth” is evaluative and does not establish a measurable causal contribution to economic growth.
  • The 2025 Canadian Energy Regulator figures are the latest directly comparable official figures located in the search.

What we checked

Claims

  1. 01

    Canada supplies 99% of U.S. natural-gas imports.

    Official Canadian data describes Canada as supplying close to 100% of U.S. natural-gas imports in both 2023 and 2025. The precise 99% figure is reasonable as a rounded characterization, although the 2025 source does not state exactly 99%.

    Mostly True [1][3]
  2. 02

    Canada supplies 85% of U.S. electricity imports.

    The figure was accurate for 2023, when Canada supplied 85% of U.S. electricity imports. The latest official data available before the statement date puts Canada’s share at 81.3% in 2025, so 85% is outdated if presented as a current figure.

    Mostly False [3][1]
  3. 03

    Canada supplies 60% of U.S. crude-oil imports.

    Official Canadian data reported 60% for 2023. For 2025, Canada supplied 63.4% of U.S. crude-oil imports, making 60% a slightly low but broadly accurate approximation.

    Mostly True [3][1]
  4. 04

    Canada fuels American growth.

    This is a broad rhetorical characterization. Canada is a major U.S. energy supplier, but the statement does not define or quantify how Canadian energy supply contributes to U.S. economic growth.

    Not Fact-Checkable [1][4]

What the record shows

Key facts

  • Supports the claim
  • Contradicts the claim
  • Adds context

  • Mark Carney made the quoted claim in remarks dated August 22, 2026.

    [5][2]

  • The 99%, 85%, and 60% figures closely correspond to official Canadian figures for 2023: close to 100% of U.S. natural-gas imports, 85% of electricity imports, and 60% of crude-oil imports.

    [3]

  • For 2025, Canada supplied close to 100% of U.S. natural-gas imports, 81.3% of electricity imports, and 63.4% of crude-oil imports.

    [1]

  • U.S. energy imports from Canada were valued at approximately $111 billion in 2025, and crude oil remained the primary source of U.S. crude-oil imports from abroad.

    [4]

Evidence trail

Sources

5 sources consulted by automated research
  1. 01
    rec-cer.gc.ca

    rec-cer.gc.ca · Accessed

  2. 02
    pm.gc.ca

    pm.gc.ca · Accessed

  3. 03
    cer-rec.gc.ca

    cer-rec.gc.ca · Accessed

  4. 04
    eia.gov

    eia.gov · Accessed

  5. 05
    pm.gc.ca

    pm.gc.ca · Accessed

Links are shown exactly as returned by the research step. FactifAI does not treat AI-generated text as a source.

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