Canada annual production will exceed nine million boe/d for the first time in 2024. Oil production growth will again feature, as oil sands operators fill expanded egress capacity on the TMX pipeline. The Clearwater play is set to reach several development milestones next year, and is still offering up exploration excitement. The focus on Canada's environmental performance will only increase. 2024 should mark when the oil sands Pathway Alliance moves from engineering studies to large scale project spending. We highlight four main trends to follow in 2024. Firstly, heavy production will grow into the new TMX egress capacity. Secondly, exploration activity will see a modest uptick with particular excitement around extending the Clearwater play further northwest. Thirdly, M&A focus will shift to British Columbia. And finally, emissions reductions will see a large increase in costs as projects progress past the engineering stage.