DOI: 10.7256/2454-0641.2022.3.34353

Abstract: The article is devoted to an urgent problem of our time - the integration of Canadian energy markets into the energy markets of the Asia-Pacific region. Canada's economy is currently the 16th largest in the world in terms of GDP and is heavily dependent on international trade, whose prosperity is inextricably linked to external markets and the ability to access those markets. In turn, China, Japan, and South Korea are the world's largest importers of crude oil and liquefied natural gas. The study considers not only the reasons for the need of Canada's energy markets to enter the Asia-Pacific region, but also analyzes the dependence of the Canadian economy on the economy of the United States of America. The main conclusions of the study are the ways of integrating the energy markets of Canada and the Asia-Pacific countries. The built economic model of interaction should not only exist within the framework of the created legal acts but also should determine the importance of the formation of this economic institution for subsequent development. The work has increased relevance since joint development within the economic area creates a stable relationship, which can later be used for external use, within the framework of building a new type of economic model. Thus, the information acquires statistical value and can be used in further research. I believe that the purpose of this study was achieved by considering the economic cooperation of Canada with the ATP countries in the energy sector.