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  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
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    <link:label id="lab_cve_IncreaseDecreaseThroughDividendsDeclaredLiabilitiesArisingFromFinancingActivities_label_en-US" xlink:label="lab_cve_IncreaseDecreaseThroughDividendsDeclaredLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Dividends Declared Liabilities Arising From Financing Activities</link:label>
    <link:label id="lab_cve_IncreaseDecreaseThroughDividendsDeclaredLiabilitiesArisingFromFinancingActivities_documentation_en-US" xlink:label="lab_cve_IncreaseDecreaseThroughDividendsDeclaredLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase decrease through dividends declared liabilities arising from financing activities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_IncreaseDecreaseThroughDividendsDeclaredLiabilitiesArisingFromFinancingActivities" xlink:href="cve-20260930.xsd#cve_IncreaseDecreaseThroughDividendsDeclaredLiabilitiesArisingFromFinancingActivities"/>
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    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of geographical areas [text block]</link:label>
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    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_01a03970-a0f5-7c11-8a00-12b3e03a1416_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Items That may be Reclassified to Profit or Loss:</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of other comprehensive income that will be reclassified to profit or loss, net of tax [abstract]</link:label>
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    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValue_01a03970-a05a-793c-b064-463f0ada210d_periodStartLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Fair value, beginning of year</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValue_01a03970-a05a-739a-9284-3162675767b2_periodEndLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Fair value, end of year</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValue_01a03970-a05a-764b-95c4-60beab010585_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risk management asset</link:label>
    <link:label id="lab_ifrs-full_FinancialAssetsAtFairValue_label_en-US" xlink:label="lab_ifrs-full_FinancialAssetsAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial assets, at fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialAssetsAtFairValue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialAssetsAtFairValue"/>
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    <link:label id="lab_cve_StockOptionPlanMember_01a03970-a0f5-7787-89ca-b89c7645731f_terseLabel_en-US" xlink:label="lab_cve_StockOptionPlanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock Option Plan</link:label>
    <link:label id="lab_cve_StockOptionPlanMember_label_en-US" xlink:label="lab_cve_StockOptionPlanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Option Plan [Member]</link:label>
    <link:label id="lab_cve_StockOptionPlanMember_documentation_en-US" xlink:label="lab_cve_StockOptionPlanMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stock option plan.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_StockOptionPlanMember" xlink:href="cve-20260930.xsd#cve_StockOptionPlanMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_StockOptionPlanMember" xlink:to="lab_cve_StockOptionPlanMember" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_RangeMember_01a03970-a05b-7530-8354-4afa76aa43e2_terseLabel_en-US" xlink:label="lab_srt_RangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statistical Measurement [Domain]</link:label>
    <link:label id="lab_srt_RangeMember_label_en-US" xlink:label="lab_srt_RangeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statistical Measurement [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_RangeMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_RangeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_RangeMember" xlink:to="lab_srt_RangeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentPortionOfOtherNoncurrentBorrowings_01a03970-a05a-774b-8133-0d60f3f7ea61_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentPortionOfOtherNoncurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revolving Term Debt</link:label>
    <link:label id="lab_ifrs-full_NoncurrentPortionOfOtherNoncurrentBorrowings_label_en-US" xlink:label="lab_ifrs-full_NoncurrentPortionOfOtherNoncurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current portion of other non-current borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentPortionOfOtherNoncurrentBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentPortionOfOtherNoncurrentBorrowings"/>
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    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasLineItems_01a03970-a05b-7df4-a1be-13b08c37fcd9_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of geographical areas [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of geographical areas [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfGeographicalAreasLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfGeographicalAreasLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfGeographicalAreasLineItems" xlink:to="lab_ifrs-full_DisclosureOfGeographicalAreasLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CommonSharesRepurchasedUnderNCIB_01a03970-a0f5-7c95-8e6c-6f115c73ed71_negatedTerseLabel_en-US" xlink:label="lab_cve_CommonSharesRepurchasedUnderNCIB" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Purchase of Common Shares Under NCIB</link:label>
    <link:label id="lab_cve_CommonSharesRepurchasedUnderNCIB_label_en-US" xlink:label="lab_cve_CommonSharesRepurchasedUnderNCIB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Shares Repurchased, Under NCIB</link:label>
    <link:label id="lab_cve_CommonSharesRepurchasedUnderNCIB_documentation_en-US" xlink:label="lab_cve_CommonSharesRepurchasedUnderNCIB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common Shares Repurchased, Under NCIB</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CommonSharesRepurchasedUnderNCIB" xlink:href="cve-20260930.xsd#cve_CommonSharesRepurchasedUnderNCIB"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CommonSharesRepurchasedUnderNCIB" xlink:to="lab_cve_CommonSharesRepurchasedUnderNCIB" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ChangesInPropertyPlantAndEquipment_01a03970-a05b-7e12-a992-d6a26d998076_terseLabel_en-US" xlink:label="lab_ifrs-full_ChangesInPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfer from E&amp;E (Note 11)</link:label>
    <link:label id="lab_ifrs-full_ChangesInPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_ChangesInPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ChangesInPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ChangesInPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ChangesInPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_ChangesInPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfExplorationAndEvaluationAssetsAbstract_label_en-US" xlink:label="lab_cve_DisclosureOfExplorationAndEvaluationAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Exploration And Evaluation Assets [Abstract]</link:label>
    <link:label id="lab_cve_DisclosureOfExplorationAndEvaluationAssetsAbstract_documentation_en-US" xlink:label="lab_cve_DisclosureOfExplorationAndEvaluationAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of exploration and evaluation assets abstract.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfExplorationAndEvaluationAssetsAbstract" xlink:href="cve-20260930.xsd#cve_DisclosureOfExplorationAndEvaluationAssetsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfExplorationAndEvaluationAssetsAbstract" xlink:to="lab_cve_DisclosureOfExplorationAndEvaluationAssetsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MajorBusinessCombinationMember_01a03970-a05a-74b6-9127-87b732b9309e_terseLabel_en-US" xlink:label="lab_ifrs-full_MajorBusinessCombinationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Major business combination</link:label>
    <link:label id="lab_ifrs-full_MajorBusinessCombinationMember_label_en-US" xlink:label="lab_ifrs-full_MajorBusinessCombinationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Major business combination [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MajorBusinessCombinationMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MajorBusinessCombinationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MajorBusinessCombinationMember" xlink:to="lab_ifrs-full_MajorBusinessCombinationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_TargetNetDebtToAdjustedEarningsBeforeInterestTaxesDepreciationDepletionAndAmortizationRatio_01a03970-a05a-7625-bc72-314e78ead010_terseLabel_en-US" xlink:label="lab_cve_TargetNetDebtToAdjustedEarningsBeforeInterestTaxesDepreciationDepletionAndAmortizationRatio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Target net debt to adjusted EBITDA ratio</link:label>
    <link:label id="lab_cve_TargetNetDebtToAdjustedEarningsBeforeInterestTaxesDepreciationDepletionAndAmortizationRatio_label_en-US" xlink:label="lab_cve_TargetNetDebtToAdjustedEarningsBeforeInterestTaxesDepreciationDepletionAndAmortizationRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Target Net Debt To Adjusted Earnings Before Interest Taxes Depreciation Depletion And Amortization Ratio</link:label>
    <link:label id="lab_cve_TargetNetDebtToAdjustedEarningsBeforeInterestTaxesDepreciationDepletionAndAmortizationRatio_documentation_en-US" xlink:label="lab_cve_TargetNetDebtToAdjustedEarningsBeforeInterestTaxesDepreciationDepletionAndAmortizationRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Target net debt to adjusted earnings before interest taxes depreciation depletion and amortization ratio.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_TargetNetDebtToAdjustedEarningsBeforeInterestTaxesDepreciationDepletionAndAmortizationRatio" xlink:href="cve-20260930.xsd#cve_TargetNetDebtToAdjustedEarningsBeforeInterestTaxesDepreciationDepletionAndAmortizationRatio"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_TargetNetDebtToAdjustedEarningsBeforeInterestTaxesDepreciationDepletionAndAmortizationRatio" xlink:to="lab_cve_TargetNetDebtToAdjustedEarningsBeforeInterestTaxesDepreciationDepletionAndAmortizationRatio" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_01a03970-a0f5-7cf8-816e-012d5dd7b2c8_terseLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign Currency Translation Adjustment</link:label>
    <link:label id="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_label_en-US" xlink:label="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserve of exchange differences on translation [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:to="lab_ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_WCSAndCondensateDifferentialMember_01a03970-a0f5-7b04-86e5-ba66be7fb1b5_terseLabel_en-US" xlink:label="lab_cve_WCSAndCondensateDifferentialMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">WCS and Condensate Differential</link:label>
    <link:label id="lab_cve_WCSAndCondensateDifferentialMember_label_en-US" xlink:label="lab_cve_WCSAndCondensateDifferentialMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">WCS and Condensate Differential [Member]</link:label>
    <link:label id="lab_cve_WCSAndCondensateDifferentialMember_documentation_en-US" xlink:label="lab_cve_WCSAndCondensateDifferentialMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">WCS and Condensate Differential</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_WCSAndCondensateDifferentialMember" xlink:href="cve-20260930.xsd#cve_WCSAndCondensateDifferentialMember"/>
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    <link:label id="lab_ifrs-full_NewProvisionsOtherProvisions_01a03970-a05a-785f-a931-eef4294299a9_terseLabel_en-US" xlink:label="lab_ifrs-full_NewProvisionsOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities Incurred</link:label>
    <link:label id="lab_ifrs-full_NewProvisionsOtherProvisions_label_en-US" xlink:label="lab_ifrs-full_NewProvisionsOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New provisions, other provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NewProvisionsOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NewProvisionsOtherProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NewProvisionsOtherProvisions" xlink:to="lab_ifrs-full_NewProvisionsOtherProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_AthabascaOilCorporationMember_01a11458-eaed-7ae9-96fb-ec9b26c30fca_terseLabel_en-US" xlink:label="lab_cve_AthabascaOilCorporationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Athabasca Oil Corporation</link:label>
    <link:label id="lab_cve_AthabascaOilCorporationMember_label_en-US" xlink:label="lab_cve_AthabascaOilCorporationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Athabasca Oil Corporation [Member]</link:label>
    <link:label id="lab_cve_AthabascaOilCorporationMember_documentation_en-US" xlink:label="lab_cve_AthabascaOilCorporationMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Athabasca Oil Corporation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_AthabascaOilCorporationMember" xlink:href="cve-20260930.xsd#cve_AthabascaOilCorporationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_AthabascaOilCorporationMember" xlink:to="lab_cve_AthabascaOilCorporationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems_01a03970-a0f5-7f8f-be3a-f4caa61045a9_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about business combination [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about business combination [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBusinessCombinationsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:to="lab_ifrs-full_DisclosureOfBusinessCombinationsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_TransportationAndStorageAssetsMember_01a03970-a0f5-7480-ac6e-188362526331_terseLabel_en-US" xlink:label="lab_cve_TransportationAndStorageAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transportation And Storage Assets</link:label>
    <link:label id="lab_cve_TransportationAndStorageAssetsMember_label_en-US" xlink:label="lab_cve_TransportationAndStorageAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transportation And Storage Assets [Member]</link:label>
    <link:label id="lab_cve_TransportationAndStorageAssetsMember_documentation_en-US" xlink:label="lab_cve_TransportationAndStorageAssetsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transportation And Storage Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_TransportationAndStorageAssetsMember" xlink:href="cve-20260930.xsd#cve_TransportationAndStorageAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_TransportationAndStorageAssetsMember" xlink:to="lab_cve_TransportationAndStorageAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_BusinessCombinationAbstract_01a03970-9f7c-71be-b3a6-a9a24c15364c_terseLabel_en-US" xlink:label="lab_cve_BusinessCombinationAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business Combinations [Abstract]</link:label>
    <link:label id="lab_cve_BusinessCombinationAbstract_label_en-US" xlink:label="lab_cve_BusinessCombinationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business Combination [Abstract]</link:label>
    <link:label id="lab_cve_BusinessCombinationAbstract_documentation_en-US" xlink:label="lab_cve_BusinessCombinationAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Business Combinations [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_BusinessCombinationAbstract" xlink:href="cve-20260930.xsd#cve_BusinessCombinationAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_BusinessCombinationAbstract" xlink:to="lab_cve_BusinessCombinationAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DeferredTaxExpenseIncome_01a03970-a0f5-7424-b1c4-33c4593ccc15_terseLabel_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred Tax Expense (Recovery)</link:label>
    <link:label id="lab_ifrs-full_DeferredTaxExpenseIncome_label_en-US" xlink:label="lab_ifrs-full_DeferredTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred tax expense (income)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DeferredTaxExpenseIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DeferredTaxExpenseIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DeferredTaxExpenseIncome" xlink:to="lab_ifrs-full_DeferredTaxExpenseIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_SettlementsFairValueMeasurementAssetsLiabilitiesIncludingDiscontinuedOperations_01a03970-a05a-77c7-bf17-4699175b0547_terseLabel_en-US" xlink:label="lab_cve_SettlementsFairValueMeasurementAssetsLiabilitiesIncludingDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value of Contracts Realized During the Period</link:label>
    <link:label id="lab_cve_SettlementsFairValueMeasurementAssetsLiabilitiesIncludingDiscontinuedOperations_label_en-US" xlink:label="lab_cve_SettlementsFairValueMeasurementAssetsLiabilitiesIncludingDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Settlements Fair Value Measurement Assets Liabilities Including Discontinued Operations</link:label>
    <link:label id="lab_cve_SettlementsFairValueMeasurementAssetsLiabilitiesIncludingDiscontinuedOperations_documentation_en-US" xlink:label="lab_cve_SettlementsFairValueMeasurementAssetsLiabilitiesIncludingDiscontinuedOperations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Settlements fair value measurement assets liabilities including discontinued operations.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_SettlementsFairValueMeasurementAssetsLiabilitiesIncludingDiscontinuedOperations" xlink:href="cve-20260930.xsd#cve_SettlementsFairValueMeasurementAssetsLiabilitiesIncludingDiscontinuedOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_SettlementsFairValueMeasurementAssetsLiabilitiesIncludingDiscontinuedOperations" xlink:to="lab_cve_SettlementsFairValueMeasurementAssetsLiabilitiesIncludingDiscontinuedOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyDomain_01a03970-a05a-79d6-b6e7-d88ab62eee50_terseLabel_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy</link:label>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyDomain_label_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LevelsOfFairValueHierarchyDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:to="lab_ifrs-full_LevelsOfFairValueHierarchyDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OperatingExpense_01a03970-a0f5-7642-b017-00a6fb1b0b74_terseLabel_en-US" xlink:label="lab_ifrs-full_OperatingExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating</link:label>
    <link:label id="lab_ifrs-full_OperatingExpense_label_en-US" xlink:label="lab_ifrs-full_OperatingExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OperatingExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OperatingExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OperatingExpense" xlink:to="lab_ifrs-full_OperatingExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NumberOfCommonSharesPurchasedAndCancelledAmount_01a03970-a05a-7a65-9a9c-d4b53b2d1fa6_negatedLabel_en-US" xlink:label="lab_cve_NumberOfCommonSharesPurchasedAndCancelledAmount" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Preferred Shares Redeemed</link:label>
    <link:label id="lab_cve_NumberOfCommonSharesPurchasedAndCancelledAmount_label_en-US" xlink:label="lab_cve_NumberOfCommonSharesPurchasedAndCancelledAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Common Shares Purchased And Cancelled, Amount</link:label>
    <link:label id="lab_cve_NumberOfCommonSharesPurchasedAndCancelledAmount_documentation_en-US" xlink:label="lab_cve_NumberOfCommonSharesPurchasedAndCancelledAmount" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Common Shares Purchased And Cancelled, Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NumberOfCommonSharesPurchasedAndCancelledAmount" xlink:href="cve-20260930.xsd#cve_NumberOfCommonSharesPurchasedAndCancelledAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NumberOfCommonSharesPurchasedAndCancelledAmount" xlink:to="lab_cve_NumberOfCommonSharesPurchasedAndCancelledAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfShareCapitalAxis_01a03970-a0f5-771c-bfaa-d96937453898_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of share capital [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfShareCapitalAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of share capital [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfShareCapitalAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfShareCapitalAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfShareCapitalAxis" xlink:to="lab_ifrs-full_ClassesOfShareCapitalAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement_01a03970-a05b-7fe3-b0c8-cb9c6a411276_verboseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Common shares issued under stock option plans (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement_01a03970-a05b-7184-bcc2-19e1b9c92cd6_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of shares issued for stock options exercised (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement_label_en-US" xlink:label="lab_ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of share options exercised in share-based payment arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xlink:to="lab_ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_FinanceCostsIncludingCapitalizedInterest_01a03970-a05b-7079-9ba4-37393ad6446f_totalLabel_en-US" xlink:label="lab_cve_FinanceCostsIncludingCapitalizedInterest" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total finance costs</link:label>
    <link:label id="lab_cve_FinanceCostsIncludingCapitalizedInterest_label_en-US" xlink:label="lab_cve_FinanceCostsIncludingCapitalizedInterest" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finance Costs, Including Capitalized Interest</link:label>
    <link:label id="lab_cve_FinanceCostsIncludingCapitalizedInterest_documentation_en-US" xlink:label="lab_cve_FinanceCostsIncludingCapitalizedInterest" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Finance Costs, Including Capitalized Interest</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_FinanceCostsIncludingCapitalizedInterest" xlink:href="cve-20260930.xsd#cve_FinanceCostsIncludingCapitalizedInterest"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_FinanceCostsIncludingCapitalizedInterest" xlink:to="lab_cve_FinanceCostsIncludingCapitalizedInterest" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_PaymentsForDecommissioningRestorationAndRehabilitationCosts_01a03970-a0f5-7159-85a1-4090a4cdbf33_negatedTerseLabel_en-US" xlink:label="lab_cve_PaymentsForDecommissioningRestorationAndRehabilitationCosts" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Settlement of Decommissioning Liabilities</link:label>
    <link:label id="lab_cve_PaymentsForDecommissioningRestorationAndRehabilitationCosts_label_en-US" xlink:label="lab_cve_PaymentsForDecommissioningRestorationAndRehabilitationCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments For Decommissioning, Restoration And Rehabilitation Costs</link:label>
    <link:label id="lab_cve_PaymentsForDecommissioningRestorationAndRehabilitationCosts_documentation_en-US" xlink:label="lab_cve_PaymentsForDecommissioningRestorationAndRehabilitationCosts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments For Decommissioning, Restoration And Rehabilitation Costs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_PaymentsForDecommissioningRestorationAndRehabilitationCosts" xlink:href="cve-20260930.xsd#cve_PaymentsForDecommissioningRestorationAndRehabilitationCosts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_PaymentsForDecommissioningRestorationAndRehabilitationCosts" xlink:to="lab_cve_PaymentsForDecommissioningRestorationAndRehabilitationCosts" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_01a03970-a05a-773a-b2ec-14908cfe8f24_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">3 Years</link:label>
    <link:label id="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than two years and not later than three years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:to="lab_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsPaidOtherShares_01a057f5-5dc9-7672-a003-8f8219bc3433_terseLabel_en-US" xlink:label="lab_ifrs-full_DividendsPaidOtherShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends paid, other shares</link:label>
    <link:label id="lab_ifrs-full_DividendsPaidOtherShares_label_en-US" xlink:label="lab_ifrs-full_DividendsPaidOtherShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends paid, other shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaidOtherShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaidOtherShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidOtherShares" xlink:to="lab_ifrs-full_DividendsPaidOtherShares" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives_01a03970-a05b-7d77-8ac0-94491c974e5c_negatedLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Unrealized (Gain) Loss on Risk Management</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for gains (losses) on change in fair value of derivatives</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives" xlink:to="lab_ifrs-full_AdjustmentsForGainsLossesOnChangeInFairValueOfDerivatives" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentPortionOfLongtermBorrowings_01a03970-a0f5-75e0-83bd-c04621f74d86_verboseLabel_en-US" xlink:label="lab_ifrs-full_CurrentPortionOfLongtermBorrowings" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Less: Current Portion</link:label>
    <link:label id="lab_ifrs-full_CurrentPortionOfLongtermBorrowings_01a03970-a0f5-71e0-beb5-0f9e487f9a54_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentPortionOfLongtermBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current Portion of Long-Term Debt</link:label>
    <link:label id="lab_ifrs-full_CurrentPortionOfLongtermBorrowings_label_en-US" xlink:label="lab_ifrs-full_CurrentPortionOfLongtermBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current portion of non-current borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentPortionOfLongtermBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentPortionOfLongtermBorrowings"/>
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    <link:label id="lab_cve_PercentageOfTotalConsiderationTransferred_documentation_en-US" xlink:label="lab_cve_PercentageOfTotalConsiderationTransferred" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Of Total Consideration Transferred</link:label>
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    <link:label id="lab_ifrs-full_Equity_01a03970-a05b-799f-8153-2bb979bf9d2e_terseLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shareholders&#8217; Equity</link:label>
    <link:label id="lab_ifrs-full_Equity_01a03970-a05b-745c-bbff-03b063f27c77_periodStartLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_ifrs-full_Equity_01a03970-a05b-7fac-8bc7-aa213e8b5b24_periodEndLabel_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:label id="lab_ifrs-full_Equity_label_en-US" xlink:label="lab_ifrs-full_Equity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Equity" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Equity"/>
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    <link:label id="lab_ifrs-full_OnerousContractsProvision_01a03970-a0f5-7c92-9821-f17b8b2cb31d_terseLabel_en-US" xlink:label="lab_ifrs-full_OnerousContractsProvision" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provisions for Onerous and Unfavourable Contracts</link:label>
    <link:label id="lab_ifrs-full_OnerousContractsProvision_label_en-US" xlink:label="lab_ifrs-full_OnerousContractsProvision" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Onerous contracts provision</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OnerousContractsProvision" xlink:to="lab_ifrs-full_OnerousContractsProvision" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipment_01a03970-9f7c-707a-9b01-3247f6f4e7f7_terseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Net</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipment_01a03970-9f7c-7747-a816-2150809b4271_verboseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipment_01a03970-9f7c-7fa8-8f5b-857bb25446b8_periodStartLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipment_01a03970-9f7c-7f6f-be13-3a6aa68ad747_periodEndLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipment" xlink:to="lab_ifrs-full_PropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments_01a03970-a05b-7e62-b23c-6533a95d0e0c_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in the fair value of equity instruments at FVOCI</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, net of tax, gains (losses) from investments in equity instruments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IntangibleExplorationAndEvaluationAssets_01a03970-a05b-70dc-ae67-12814af185e7_terseLabel_en-US" xlink:label="lab_ifrs-full_IntangibleExplorationAndEvaluationAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exploration and Evaluation Assets, Net</link:label>
    <link:label id="lab_ifrs-full_IntangibleExplorationAndEvaluationAssets_01a03970-a05b-752c-aa8c-1bb351c3117a_verboseLabel_en-US" xlink:label="lab_ifrs-full_IntangibleExplorationAndEvaluationAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Intangible exploration and evaluation assets</link:label>
    <link:label id="lab_ifrs-full_IntangibleExplorationAndEvaluationAssets_01a03970-a05b-7a05-a8cc-9c51ccb503a3_periodStartLabel_en-US" xlink:label="lab_ifrs-full_IntangibleExplorationAndEvaluationAssets" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning Balance</link:label>
    <link:label id="lab_ifrs-full_IntangibleExplorationAndEvaluationAssets_01a03970-a05b-7ec3-9df5-93998f5e3cf0_periodEndLabel_en-US" xlink:label="lab_ifrs-full_IntangibleExplorationAndEvaluationAssets" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending Balance</link:label>
    <link:label id="lab_ifrs-full_IntangibleExplorationAndEvaluationAssets_label_en-US" xlink:label="lab_ifrs-full_IntangibleExplorationAndEvaluationAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible exploration and evaluation assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IntangibleExplorationAndEvaluationAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IntangibleExplorationAndEvaluationAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IntangibleExplorationAndEvaluationAssets" xlink:to="lab_ifrs-full_IntangibleExplorationAndEvaluationAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_PurchasedProductTransportationAndBlending_01a05746-e37b-7bbb-99b8-c8edf79e9ec9_verboseLabel_en-US" xlink:label="lab_cve_PurchasedProductTransportationAndBlending" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Purchased Product, Transportation and Blending</link:label>
    <link:label id="lab_cve_PurchasedProductTransportationAndBlending_01a057a1-af90-7483-96b0-4ed4faf7cec2_totalLabel_en-US" xlink:label="lab_cve_PurchasedProductTransportationAndBlending" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Purchased Product, Transportation and Blending</link:label>
    <link:label id="lab_cve_PurchasedProductTransportationAndBlending_label_en-US" xlink:label="lab_cve_PurchasedProductTransportationAndBlending" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchased Product, Transportation and Blending</link:label>
    <link:label id="lab_cve_PurchasedProductTransportationAndBlending_documentation_en-US" xlink:label="lab_cve_PurchasedProductTransportationAndBlending" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Purchased Product, Transportation and Blending</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_PurchasedProductTransportationAndBlending" xlink:href="cve-20260930.xsd#cve_PurchasedProductTransportationAndBlending"/>
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    <link:label id="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory_01a03970-a05a-75ab-b5cd-58e5842d4066_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Right of Use Assets, Net</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of quantitative information about right-of-use assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsExplanatory"/>
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    <link:label id="lab_cve_RevenueFromSaleOfNaturalGasAndOther_01a03970-a05a-7b68-a2d7-b965323269e8_terseLabel_en-US" xlink:label="lab_cve_RevenueFromSaleOfNaturalGasAndOther" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Natural Gas and Other</link:label>
    <link:label id="lab_cve_RevenueFromSaleOfNaturalGasAndOther_label_en-US" xlink:label="lab_cve_RevenueFromSaleOfNaturalGasAndOther" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue From Sale Of Natural Gas And Other</link:label>
    <link:label id="lab_cve_RevenueFromSaleOfNaturalGasAndOther_documentation_en-US" xlink:label="lab_cve_RevenueFromSaleOfNaturalGasAndOther" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue From Sale Of Natural Gas And Other</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RevenueFromSaleOfNaturalGasAndOther" xlink:href="cve-20260930.xsd#cve_RevenueFromSaleOfNaturalGasAndOther"/>
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    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable_01a03970-a0f4-7f86-8658-c603d1370e84_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsTable"/>
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    <link:label id="lab_ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement_01a03970-a0f5-7877-9d34-e45b7caa2939_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of share units, vested and exercised/paid out (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement_label_en-US" xlink:label="lab_ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of other equity instruments exercised or vested in share-based payment arrangement</link:label>
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    <link:label id="lab_cve_DisclosureOfLevelsOfFairValueHierarchyLineItems_01a03970-a05a-7225-aefa-c5d77b1ac91b_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfLevelsOfFairValueHierarchyLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Levels Of Fair Value Hierarchy [Line Items]</link:label>
    <link:label id="lab_cve_DisclosureOfLevelsOfFairValueHierarchyLineItems_label_en-US" xlink:label="lab_cve_DisclosureOfLevelsOfFairValueHierarchyLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Levels Of Fair Value Hierarchy [Line Items]</link:label>
    <link:label id="lab_cve_DisclosureOfLevelsOfFairValueHierarchyLineItems_documentation_en-US" xlink:label="lab_cve_DisclosureOfLevelsOfFairValueHierarchyLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of levels of fair value hierarchy.</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfLevelsOfFairValueHierarchyLineItems" xlink:to="lab_cve_DisclosureOfLevelsOfFairValueHierarchyLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NumberOfSharesIssuedInBusinessCombination_01a1145a-3cd9-7058-9dd9-5ec32db8aa0a_terseLabel_en-US" xlink:label="lab_cve_NumberOfSharesIssuedInBusinessCombination" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of shares issued in business combination</link:label>
    <link:label id="lab_cve_NumberOfSharesIssuedInBusinessCombination_label_en-US" xlink:label="lab_cve_NumberOfSharesIssuedInBusinessCombination" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Shares Issued In Business Combination</link:label>
    <link:label id="lab_cve_NumberOfSharesIssuedInBusinessCombination_documentation_en-US" xlink:label="lab_cve_NumberOfSharesIssuedInBusinessCombination" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Shares Issued In Business Combination</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NumberOfSharesIssuedInBusinessCombination" xlink:href="cve-20260930.xsd#cve_NumberOfSharesIssuedInBusinessCombination"/>
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    <link:label id="lab_cve_RealisedGainLossMember_01a03970-a0f5-7530-9733-6da1cdf539cd_terseLabel_en-US" xlink:label="lab_cve_RealisedGainLossMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Realized (Gain) Loss</link:label>
    <link:label id="lab_cve_RealisedGainLossMember_label_en-US" xlink:label="lab_cve_RealisedGainLossMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Realised gain (loss) [Member]</link:label>
    <link:label id="lab_cve_RealisedGainLossMember_documentation_en-US" xlink:label="lab_cve_RealisedGainLossMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Realised gain (loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RealisedGainLossMember" xlink:href="cve-20260930.xsd#cve_RealisedGainLossMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RealisedGainLossMember" xlink:to="lab_cve_RealisedGainLossMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_PercentageOfOutstandingSharesAuthorizedForIssuance_01a03970-a0f5-721d-9daa-37d58467e5b0_terseLabel_en-US" xlink:label="lab_cve_PercentageOfOutstandingSharesAuthorizedForIssuance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum percentage of preferred stock upon issuance or outstanding of common stock</link:label>
    <link:label id="lab_cve_PercentageOfOutstandingSharesAuthorizedForIssuance_label_en-US" xlink:label="lab_cve_PercentageOfOutstandingSharesAuthorizedForIssuance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Outstanding Shares Authorized For Issuance</link:label>
    <link:label id="lab_cve_PercentageOfOutstandingSharesAuthorizedForIssuance_documentation_en-US" xlink:label="lab_cve_PercentageOfOutstandingSharesAuthorizedForIssuance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of outstanding shares authorized for issuance.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_PercentageOfOutstandingSharesAuthorizedForIssuance" xlink:href="cve-20260930.xsd#cve_PercentageOfOutstandingSharesAuthorizedForIssuance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_PercentageOfOutstandingSharesAuthorizedForIssuance" xlink:to="lab_cve_PercentageOfOutstandingSharesAuthorizedForIssuance" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityLineItems_01a03970-a05a-777b-bca7-1d15483ef409_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [line items]</link:label>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityLineItems_label_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfChangesInEquityLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfChangesInEquityLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityLineItems" xlink:to="lab_ifrs-full_StatementOfChangesInEquityLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_PaymentForRedemptionOfPreferredShares_01a03970-a05a-73a1-8bde-c9e349533146_negatedTerseLabel_en-US" xlink:label="lab_cve_PaymentForRedemptionOfPreferredShares" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Redemption of Preferred Shares</link:label>
    <link:label id="lab_cve_PaymentForRedemptionOfPreferredShares_label_en-US" xlink:label="lab_cve_PaymentForRedemptionOfPreferredShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payment For Redemption Of Preferred Shares</link:label>
    <link:label id="lab_cve_PaymentForRedemptionOfPreferredShares_documentation_en-US" xlink:label="lab_cve_PaymentForRedemptionOfPreferredShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payment For Redemption Of Preferred Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_PaymentForRedemptionOfPreferredShares" xlink:href="cve-20260930.xsd#cve_PaymentForRedemptionOfPreferredShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_PaymentForRedemptionOfPreferredShares" xlink:to="lab_cve_PaymentForRedemptionOfPreferredShares" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInRightofuseAssets_01a0581c-ad64-769c-86ec-a1619feaa50e_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Modifications</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInRightofuseAssets_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in right-of-use assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInRightofuseAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInRightofuseAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInRightofuseAssets" xlink:to="lab_ifrs-full_IncreaseDecreaseInRightofuseAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_PercentageOfAccountsReceivableOutstandingLessThan60Days_01a03970-a05a-78f9-884b-3d3e348276c5_terseLabel_en-US" xlink:label="lab_cve_PercentageOfAccountsReceivableOutstandingLessThan60Days" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of accounts receivable outstanding, less than 60 days</link:label>
    <link:label id="lab_cve_PercentageOfAccountsReceivableOutstandingLessThan60Days_label_en-US" xlink:label="lab_cve_PercentageOfAccountsReceivableOutstandingLessThan60Days" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Accounts Receivable Outstanding, Less than 60 Days</link:label>
    <link:label id="lab_cve_PercentageOfAccountsReceivableOutstandingLessThan60Days_documentation_en-US" xlink:label="lab_cve_PercentageOfAccountsReceivableOutstandingLessThan60Days" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Of Accounts Receivable Outstanding, Less than 60 Days</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_PercentageOfAccountsReceivableOutstandingLessThan60Days" xlink:href="cve-20260930.xsd#cve_PercentageOfAccountsReceivableOutstandingLessThan60Days"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_PercentageOfAccountsReceivableOutstandingLessThan60Days" xlink:to="lab_cve_PercentageOfAccountsReceivableOutstandingLessThan60Days" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_01a03970-a05b-7a12-8ff4-767b2d18528b_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Items That Will not be Reclassified to Profit or Loss:</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of other comprehensive income that will not be reclassified to profit or loss, net of tax [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="lab_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfReconciliationOfChangesInFairValueMeasurementOfAssetsExplanatoryTableTextBlock_01a03970-a0f5-728c-b401-e720641b8468_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfReconciliationOfChangesInFairValueMeasurementOfAssetsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Reconciliation of Changes in the Fair Value of Available for Sale Financial Assets</link:label>
    <link:label id="lab_cve_DisclosureOfReconciliationOfChangesInFairValueMeasurementOfAssetsExplanatoryTableTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfReconciliationOfChangesInFairValueMeasurementOfAssetsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Reconciliation Of Changes In Fair Value Measurement Of Assets Explanatory [Table Text Block]</link:label>
    <link:label id="lab_cve_DisclosureOfReconciliationOfChangesInFairValueMeasurementOfAssetsExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_cve_DisclosureOfReconciliationOfChangesInFairValueMeasurementOfAssetsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in fair value measurement of assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfReconciliationOfChangesInFairValueMeasurementOfAssetsExplanatoryTableTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfReconciliationOfChangesInFairValueMeasurementOfAssetsExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfReconciliationOfChangesInFairValueMeasurementOfAssetsExplanatoryTableTextBlock" xlink:to="lab_cve_DisclosureOfReconciliationOfChangesInFairValueMeasurementOfAssetsExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement_01a03970-a05b-7261-a935-b66030fe2c9d_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of share options, granted (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement_label_en-US" xlink:label="lab_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of share options granted in share-based payment arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:to="lab_ifrs-full_NumberOfShareOptionsGrantedInSharebasedPaymentArrangement" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DownstreamAbstract_01a03970-a05a-7efd-b157-cd1f22fecb49_verboseLabel_en-US" xlink:label="lab_cve_DownstreamAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Downstream</link:label>
    <link:label id="lab_cve_DownstreamAbstract_label_en-US" xlink:label="lab_cve_DownstreamAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Downstream [Abstract]</link:label>
    <link:label id="lab_cve_DownstreamAbstract_documentation_en-US" xlink:label="lab_cve_DownstreamAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Downstream</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DownstreamAbstract" xlink:href="cve-20260930.xsd#cve_DownstreamAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DownstreamAbstract" xlink:to="lab_cve_DownstreamAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfReconciliationOfChangesInFairValueMeasurementAssetsLiabilitiesExplanatoryTableTextBlock_01a03970-a05a-7079-915d-e7835d10bba7_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfReconciliationOfChangesInFairValueMeasurementAssetsLiabilitiesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Reconciliation of Changes in the Fair Value of Cenovus's Risk Management Assets and Liabilities</link:label>
    <link:label id="lab_cve_DisclosureOfReconciliationOfChangesInFairValueMeasurementAssetsLiabilitiesExplanatoryTableTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfReconciliationOfChangesInFairValueMeasurementAssetsLiabilitiesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Reconciliation Of Changes In Fair Value Measurement Assets Liabilities Explanatory [Table Text Block]</link:label>
    <link:label id="lab_cve_DisclosureOfReconciliationOfChangesInFairValueMeasurementAssetsLiabilitiesExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_cve_DisclosureOfReconciliationOfChangesInFairValueMeasurementAssetsLiabilitiesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of changes in fair value measurement assets liabilities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfReconciliationOfChangesInFairValueMeasurementAssetsLiabilitiesExplanatoryTableTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfReconciliationOfChangesInFairValueMeasurementAssetsLiabilitiesExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfReconciliationOfChangesInFairValueMeasurementAssetsLiabilitiesExplanatoryTableTextBlock" xlink:to="lab_cve_DisclosureOfReconciliationOfChangesInFairValueMeasurementAssetsLiabilitiesExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems_01a03970-9f7c-7c3e-bb57-9b74bb8efaed_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CapitalizedInterest_01a03970-a0f5-7069-9ee1-05347118393c_negatedTerseLabel_en-US" xlink:label="lab_cve_CapitalizedInterest" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Capitalized Interest</link:label>
    <link:label id="lab_cve_CapitalizedInterest_label_en-US" xlink:label="lab_cve_CapitalizedInterest" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capitalized Interest</link:label>
    <link:label id="lab_cve_CapitalizedInterest_documentation_en-US" xlink:label="lab_cve_CapitalizedInterest" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capitalized Interest</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CapitalizedInterest" xlink:href="cve-20260930.xsd#cve_CapitalizedInterest"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CapitalizedInterest" xlink:to="lab_cve_CapitalizedInterest" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasTable_01a03970-a05b-7b3e-8691-8060df90e51d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of geographical areas [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfGeographicalAreasTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeographicalAreasTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of geographical areas [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfGeographicalAreasTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfGeographicalAreasTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfGeographicalAreasTable" xlink:to="lab_ifrs-full_DisclosureOfGeographicalAreasTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_01a03970-a0f5-762d-a4c6-138d6631f6c6_negatedLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Accounts Receivable and Accrued Revenues</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for decrease (increase) in trade accounts receivable</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:to="lab_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Level2OfFairValueHierarchyMember_01a03970-a05b-7b7e-bfc8-ecf6de4b0069_terseLabel_en-US" xlink:label="lab_ifrs-full_Level2OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 2 of fair value hierarchy</link:label>
    <link:label id="lab_ifrs-full_Level2OfFairValueHierarchyMember_label_en-US" xlink:label="lab_ifrs-full_Level2OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Level 2 of fair value hierarchy [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Level2OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Level2OfFairValueHierarchyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level2OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level2OfFairValueHierarchyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract_01a14520-e51d-7c6d-9bb2-752e85027ee9_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [abstract]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:to="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsPaidClassifiedAsFinancingActivities_01a03970-a05a-7ffa-822b-661d66071848_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Dividends Paid</link:label>
    <link:label id="lab_ifrs-full_DividendsPaidClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends paid, classified as financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaidClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_InflationRate_01a03970-a0f5-77ac-8b68-ba2bdbff6973_terseLabel_en-US" xlink:label="lab_cve_InflationRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inflation rate</link:label>
    <link:label id="lab_cve_InflationRate_label_en-US" xlink:label="lab_cve_InflationRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inflation Rate</link:label>
    <link:label id="lab_cve_InflationRate_documentation_en-US" xlink:label="lab_cve_InflationRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Inflation Rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_InflationRate" xlink:href="cve-20260930.xsd#cve_InflationRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_InflationRate" xlink:to="lab_cve_InflationRate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_01a03970-a0f5-70ba-aeb5-428ef036fcf2_terseLabel_en-US" xlink:label="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average exercise price (in CAD per share)</link:label>
    <link:label id="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019_label_en-US" xlink:label="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average exercise price of share options outstanding in share-based payment arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xlink:to="lab_ifrs-full_WeightedAverageExercisePriceOfShareOptionsOutstandingInSharebasedPaymentArrangement2019" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCostsAbstract_label_en-US" xlink:label="lab_ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCostsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision for decommissioning, restoration and rehabilitation costs [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCostsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCostsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCostsAbstract" xlink:to="lab_ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCostsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_InvestmentGradeCounterpartiesMember_01a03970-a05b-7b0a-9579-33661e5e3c83_terseLabel_en-US" xlink:label="lab_cve_InvestmentGradeCounterpartiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investment grade counterparties</link:label>
    <link:label id="lab_cve_InvestmentGradeCounterpartiesMember_label_en-US" xlink:label="lab_cve_InvestmentGradeCounterpartiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investment Grade Counterparties [Member]</link:label>
    <link:label id="lab_cve_InvestmentGradeCounterpartiesMember_documentation_en-US" xlink:label="lab_cve_InvestmentGradeCounterpartiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investment grade counterparties.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_InvestmentGradeCounterpartiesMember" xlink:href="cve-20260930.xsd#cve_InvestmentGradeCounterpartiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_InvestmentGradeCounterpartiesMember" xlink:to="lab_cve_InvestmentGradeCounterpartiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfFinancialPositionAbstract_01a03970-a05b-7b28-8a67-b5f2c786dadd_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfFinancialPositionAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Balance Sheets</link:label>
    <link:label id="lab_ifrs-full_StatementOfFinancialPositionAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfFinancialPositionAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of financial position [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfFinancialPositionAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfFinancialPositionAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfFinancialPositionAbstract" xlink:to="lab_ifrs-full_StatementOfFinancialPositionAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NumberOfCommonSharesMarketDistributedShares_01a03970-a05b-79f1-ac07-ad5f99ac8147_terseLabel_en-US" xlink:label="lab_cve_NumberOfCommonSharesMarketDistributedShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Distributed Under Employee Benefit Plan (in shares)</link:label>
    <link:label id="lab_cve_NumberOfCommonSharesMarketDistributedShares_label_en-US" xlink:label="lab_cve_NumberOfCommonSharesMarketDistributedShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Common Shares, Market Distributed, Shares</link:label>
    <link:label id="lab_cve_NumberOfCommonSharesMarketDistributedShares_documentation_en-US" xlink:label="lab_cve_NumberOfCommonSharesMarketDistributedShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Common Shares, Market Distributed, Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NumberOfCommonSharesMarketDistributedShares" xlink:href="cve-20260930.xsd#cve_NumberOfCommonSharesMarketDistributedShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NumberOfCommonSharesMarketDistributedShares" xlink:to="lab_cve_NumberOfCommonSharesMarketDistributedShares" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfDivestituresTextBlock_01a03970-a05a-7280-b8c3-ab37e621e8e2_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfDivestituresTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">DIVESTITURE</link:label>
    <link:label id="lab_cve_DisclosureOfDivestituresTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfDivestituresTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Divestitures [Text Block]</link:label>
    <link:label id="lab_cve_DisclosureOfDivestituresTextBlock_documentation_en-US" xlink:label="lab_cve_DisclosureOfDivestituresTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Divestitures</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfDivestituresTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfDivestituresTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfDivestituresTextBlock" xlink:to="lab_cve_DisclosureOfDivestituresTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CoverAbstract_label_en-US" xlink:label="lab_dei_CoverAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cover [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CoverAbstract" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CoverAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CoverAbstract" xlink:to="lab_dei_CoverAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares_01a03970-a0f5-78da-b037-7a13be9626b0_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Purchase of Common Shares Under NCIB</link:label>
    <link:label id="lab_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares_01a03970-a0f5-7b95-9f89-88c1b5062446_terseLabel_en-US" xlink:label="lab_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">NCIB, shares redeemed, amount</link:label>
    <link:label id="lab_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares_label_en-US" xlink:label="lab_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments to acquire or redeem entity's shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PaymentsToAcquireOrRedeemEntitysShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:to="lab_ifrs-full_PaymentsToAcquireOrRedeemEntitysShares" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_MaximumMember_01a03970-a05b-7b02-b0ba-27cb01a43628_terseLabel_en-US" xlink:label="lab_srt_MaximumMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum</link:label>
    <link:label id="lab_srt_MaximumMember_label_en-US" xlink:label="lab_srt_MaximumMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_MaximumMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_MaximumMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_MaximumMember" xlink:to="lab_srt_MaximumMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfIncomeTaxExpenseContinuingOperationsAbstract_01a03970-a0f4-74e6-b5e5-7311afd29629_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfIncomeTaxExpenseContinuingOperationsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Income Tax Expense Continuing Operations [Abstract]</link:label>
    <link:label id="lab_cve_DisclosureOfIncomeTaxExpenseContinuingOperationsAbstract_label_en-US" xlink:label="lab_cve_DisclosureOfIncomeTaxExpenseContinuingOperationsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Income Tax Expense Continuing Operations [Abstract]</link:label>
    <link:label id="lab_cve_DisclosureOfIncomeTaxExpenseContinuingOperationsAbstract_documentation_en-US" xlink:label="lab_cve_DisclosureOfIncomeTaxExpenseContinuingOperationsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of income tax expense continuing operations.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfIncomeTaxExpenseContinuingOperationsAbstract" xlink:href="cve-20260930.xsd#cve_DisclosureOfIncomeTaxExpenseContinuingOperationsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfIncomeTaxExpenseContinuingOperationsAbstract" xlink:to="lab_cve_DisclosureOfIncomeTaxExpenseContinuingOperationsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesOtherProvisions_01a03970-a0f5-7a27-a56e-bdf3c6917bd2_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities Divested</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesOtherProvisions_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through transfers and other changes, other provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesOtherProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesOtherProvisions" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesOtherProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_IncreaseDecreaseOfLeaseLiabilitiesThroughForeignCurrencyTranslationAndOther_01a03970-a05a-7f53-995d-4b84a2f919b2_negatedTerseLabel_en-US" xlink:label="lab_cve_IncreaseDecreaseOfLeaseLiabilitiesThroughForeignCurrencyTranslationAndOther" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Exchange Rate Movements and Other</link:label>
    <link:label id="lab_cve_IncreaseDecreaseOfLeaseLiabilitiesThroughForeignCurrencyTranslationAndOther_label_en-US" xlink:label="lab_cve_IncreaseDecreaseOfLeaseLiabilitiesThroughForeignCurrencyTranslationAndOther" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase Decrease Of Lease Liabilities Through Foreign Currency Translation And Other</link:label>
    <link:label id="lab_cve_IncreaseDecreaseOfLeaseLiabilitiesThroughForeignCurrencyTranslationAndOther_documentation_en-US" xlink:label="lab_cve_IncreaseDecreaseOfLeaseLiabilitiesThroughForeignCurrencyTranslationAndOther" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (decrease) of lease liabilities through foreign currency translation and other.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_IncreaseDecreaseOfLeaseLiabilitiesThroughForeignCurrencyTranslationAndOther" xlink:href="cve-20260930.xsd#cve_IncreaseDecreaseOfLeaseLiabilitiesThroughForeignCurrencyTranslationAndOther"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_IncreaseDecreaseOfLeaseLiabilitiesThroughForeignCurrencyTranslationAndOther" xlink:to="lab_cve_IncreaseDecreaseOfLeaseLiabilitiesThroughForeignCurrencyTranslationAndOther" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_UnrealisedGainLossMember_01a03970-a05a-7085-8ad8-9e908eb75ab0_terseLabel_en-US" xlink:label="lab_cve_UnrealisedGainLossMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrealized (Gain) Loss on Risk Management</link:label>
    <link:label id="lab_cve_UnrealisedGainLossMember_01a03970-a05a-7970-a850-33d653904d28_verboseLabel_en-US" xlink:label="lab_cve_UnrealisedGainLossMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Unrealized (Gain) Loss</link:label>
    <link:label id="lab_cve_UnrealisedGainLossMember_label_en-US" xlink:label="lab_cve_UnrealisedGainLossMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrealised gain (loss) [Member]</link:label>
    <link:label id="lab_cve_UnrealisedGainLossMember_documentation_en-US" xlink:label="lab_cve_UnrealisedGainLossMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unrealised gain (loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_UnrealisedGainLossMember" xlink:href="cve-20260930.xsd#cve_UnrealisedGainLossMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_UnrealisedGainLossMember" xlink:to="lab_cve_UnrealisedGainLossMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration_01a1920d-e1bf-738c-9b0f-83bef0282201_terseLabel_en-US" xlink:label="lab_ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustment to purchase price allocation</link:label>
    <link:label id="lab_ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration_label_en-US" xlink:label="lab_ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measurement period adjustments recognised for particular assets, liabilities, non-controlling interests or items of consideration</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration" xlink:to="lab_ifrs-full_MeasurementPeriodAdjustmentsRecognisedForParticularAssetsLiabilitiesNoncontrollingInterestsOrItemsOfConsideration" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfLeaseLiabilitiesExplanatoryTableTextBlock_01a03970-a0f5-70c7-ac9e-1b9639832607_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfLeaseLiabilitiesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Lease Liabilities</link:label>
    <link:label id="lab_cve_DisclosureOfLeaseLiabilitiesExplanatoryTableTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfLeaseLiabilitiesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Lease Liabilities Explanatory [Table Text Block]</link:label>
    <link:label id="lab_cve_DisclosureOfLeaseLiabilitiesExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_cve_DisclosureOfLeaseLiabilitiesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of lease liabilities explanatory.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfLeaseLiabilitiesExplanatoryTableTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfLeaseLiabilitiesExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfLeaseLiabilitiesExplanatoryTableTextBlock" xlink:to="lab_cve_DisclosureOfLeaseLiabilitiesExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherAdjustmentsForNoncashItems_01a03970-a05a-79ea-8cae-af55c9dbb108_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherAdjustmentsForNoncashItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ifrs-full_OtherAdjustmentsForNoncashItems_label_en-US" xlink:label="lab_ifrs-full_OtherAdjustmentsForNoncashItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other adjustments for non-cash items</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherAdjustmentsForNoncashItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherAdjustmentsForNoncashItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherAdjustmentsForNoncashItems" xlink:to="lab_ifrs-full_OtherAdjustmentsForNoncashItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentLiabilities_01a03970-a0f5-7877-8109-0cafdb06a0af_totalLabel_en-US" xlink:label="lab_ifrs-full_CurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total Current Liabilities</link:label>
    <link:label id="lab_ifrs-full_CurrentLiabilities_01a03970-a0f5-7c37-b74a-4ea33e8c667f_verboseLabel_en-US" xlink:label="lab_ifrs-full_CurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total Current Liabilities</link:label>
    <link:label id="lab_ifrs-full_CurrentLiabilities_label_en-US" xlink:label="lab_ifrs-full_CurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentLiabilities" xlink:to="lab_ifrs-full_CurrentLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_MaximumDebtToCapitalizationRatioPercentage_01a03970-a0f5-7fdb-9956-64bf20097ee8_terseLabel_en-US" xlink:label="lab_cve_MaximumDebtToCapitalizationRatioPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum debt to capitalization ratio</link:label>
    <link:label id="lab_cve_MaximumDebtToCapitalizationRatioPercentage_label_en-US" xlink:label="lab_cve_MaximumDebtToCapitalizationRatioPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum Debt To Capitalization Ratio Percentage</link:label>
    <link:label id="lab_cve_MaximumDebtToCapitalizationRatioPercentage_documentation_en-US" xlink:label="lab_cve_MaximumDebtToCapitalizationRatioPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The debt to capitalization ratio the company cannot exceed under the committed credit facility agreement.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_MaximumDebtToCapitalizationRatioPercentage" xlink:href="cve-20260930.xsd#cve_MaximumDebtToCapitalizationRatioPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_MaximumDebtToCapitalizationRatioPercentage" xlink:to="lab_cve_MaximumDebtToCapitalizationRatioPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NetLiabilitiesOfDefinedBenefitPlanAndOtherPostEmploymentBenefitPlan_01a03970-a05b-7bdb-8564-ce2bbdfe4ce3_terseLabel_en-US" xlink:label="lab_cve_NetLiabilitiesOfDefinedBenefitPlanAndOtherPostEmploymentBenefitPlan" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pension and Other Post-Employment Benefit Plan</link:label>
    <link:label id="lab_cve_NetLiabilitiesOfDefinedBenefitPlanAndOtherPostEmploymentBenefitPlan_label_en-US" xlink:label="lab_cve_NetLiabilitiesOfDefinedBenefitPlanAndOtherPostEmploymentBenefitPlan" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Liabilities Of Defined Benefit Plan And Other Post Employment Benefit Plan</link:label>
    <link:label id="lab_cve_NetLiabilitiesOfDefinedBenefitPlanAndOtherPostEmploymentBenefitPlan_documentation_en-US" xlink:label="lab_cve_NetLiabilitiesOfDefinedBenefitPlanAndOtherPostEmploymentBenefitPlan" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net liabilities of defined benefit plan and other post employment benefit plan.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NetLiabilitiesOfDefinedBenefitPlanAndOtherPostEmploymentBenefitPlan" xlink:href="cve-20260930.xsd#cve_NetLiabilitiesOfDefinedBenefitPlanAndOtherPostEmploymentBenefitPlan"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NetLiabilitiesOfDefinedBenefitPlanAndOtherPostEmploymentBenefitPlan" xlink:to="lab_cve_NetLiabilitiesOfDefinedBenefitPlanAndOtherPostEmploymentBenefitPlan" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_InvestmentsInJointVenturesAccountedForUsingEquityMethodNoncurrent_01a03970-a05a-77e6-b736-a42db1587343_terseLabel_en-US" xlink:label="lab_cve_InvestmentsInJointVenturesAccountedForUsingEquityMethodNoncurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investments in Equity-Accounted Affiliates</link:label>
    <link:label id="lab_cve_InvestmentsInJointVenturesAccountedForUsingEquityMethodNoncurrent_label_en-US" xlink:label="lab_cve_InvestmentsInJointVenturesAccountedForUsingEquityMethodNoncurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Investments in joint ventures accounted for using equity method, noncurrent</link:label>
    <link:label id="lab_cve_InvestmentsInJointVenturesAccountedForUsingEquityMethodNoncurrent_documentation_en-US" xlink:label="lab_cve_InvestmentsInJointVenturesAccountedForUsingEquityMethodNoncurrent" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Investments in joint ventures accounted for using equity method, noncurrent</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_InvestmentsInJointVenturesAccountedForUsingEquityMethodNoncurrent" xlink:href="cve-20260930.xsd#cve_InvestmentsInJointVenturesAccountedForUsingEquityMethodNoncurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_InvestmentsInJointVenturesAccountedForUsingEquityMethodNoncurrent" xlink:to="lab_cve_InvestmentsInJointVenturesAccountedForUsingEquityMethodNoncurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_ProcessingTransportationAndStorageAssetsMember_01a03970-a05a-76d6-ab04-da27c1429799_terseLabel_en-US" xlink:label="lab_cve_ProcessingTransportationAndStorageAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Processing, Transportation and Storage Assets</link:label>
    <link:label id="lab_cve_ProcessingTransportationAndStorageAssetsMember_label_en-US" xlink:label="lab_cve_ProcessingTransportationAndStorageAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Processing, Transportation And Storage Assets [Member]</link:label>
    <link:label id="lab_cve_ProcessingTransportationAndStorageAssetsMember_documentation_en-US" xlink:label="lab_cve_ProcessingTransportationAndStorageAssetsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Processing, Transportation And Storage Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ProcessingTransportationAndStorageAssetsMember" xlink:href="cve-20260930.xsd#cve_ProcessingTransportationAndStorageAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ProcessingTransportationAndStorageAssetsMember" xlink:to="lab_cve_ProcessingTransportationAndStorageAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_ProceedsAdjustmentsFromDisposalOfOilAndGasAssets_01a03970-a0f5-7226-bbcd-4e5ca386aa89_terseLabel_en-US" xlink:label="lab_cve_ProceedsAdjustmentsFromDisposalOfOilAndGasAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds From Divestitures</link:label>
    <link:label id="lab_cve_ProceedsAdjustmentsFromDisposalOfOilAndGasAssets_label_en-US" xlink:label="lab_cve_ProceedsAdjustmentsFromDisposalOfOilAndGasAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds Adjustments From Disposal Of Oil And Gas Assets</link:label>
    <link:label id="lab_cve_ProceedsAdjustmentsFromDisposalOfOilAndGasAssets_documentation_en-US" xlink:label="lab_cve_ProceedsAdjustmentsFromDisposalOfOilAndGasAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds (adjustments) from disposal of oil and gas assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ProceedsAdjustmentsFromDisposalOfOilAndGasAssets" xlink:href="cve-20260930.xsd#cve_ProceedsAdjustmentsFromDisposalOfOilAndGasAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ProceedsAdjustmentsFromDisposalOfOilAndGasAssets" xlink:to="lab_cve_ProceedsAdjustmentsFromDisposalOfOilAndGasAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Inventories_01a03970-a05b-798e-93b2-c0fa02bdf05a_terseLabel_en-US" xlink:label="lab_ifrs-full_Inventories" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventories</link:label>
    <link:label id="lab_ifrs-full_Inventories_label_en-US" xlink:label="lab_ifrs-full_Inventories" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current inventories</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Inventories" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Inventories"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Inventories" xlink:to="lab_ifrs-full_Inventories" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DefinedBenefitPensionPlanMember_01a03970-a05a-7bad-a11a-7752054f46c3_terseLabel_en-US" xlink:label="lab_cve_DefinedBenefitPensionPlanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pension and Other Post-Employment Benefits</link:label>
    <link:label id="lab_cve_DefinedBenefitPensionPlanMember_label_en-US" xlink:label="lab_cve_DefinedBenefitPensionPlanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Pension Plan [Member]</link:label>
    <link:label id="lab_cve_DefinedBenefitPensionPlanMember_documentation_en-US" xlink:label="lab_cve_DefinedBenefitPensionPlanMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Defined benefit pension plan.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DefinedBenefitPensionPlanMember" xlink:href="cve-20260930.xsd#cve_DefinedBenefitPensionPlanMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DefinedBenefitPensionPlanMember" xlink:to="lab_cve_DefinedBenefitPensionPlanMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_01a03970-a05b-7d3f-bc8b-e8fb03e9206f_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing Activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) financing activities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:to="lab_ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfDerivativeFinancialInstrumentsLineItems_01a03970-a0f5-7dd8-b246-ef7c2c10a478_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfDerivativeFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of Derivative Financial Instruments [Line Items]</link:label>
    <link:label id="lab_cve_DisclosureOfDerivativeFinancialInstrumentsLineItems_label_en-US" xlink:label="lab_cve_DisclosureOfDerivativeFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Derivative Financial Instruments [Line Items]</link:label>
    <link:label id="lab_cve_DisclosureOfDerivativeFinancialInstrumentsLineItems_documentation_en-US" xlink:label="lab_cve_DisclosureOfDerivativeFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of derivative financial instruments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfDerivativeFinancialInstrumentsLineItems" xlink:href="cve-20260930.xsd#cve_DisclosureOfDerivativeFinancialInstrumentsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfDerivativeFinancialInstrumentsLineItems" xlink:to="lab_cve_DisclosureOfDerivativeFinancialInstrumentsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DilutiveEffectOfWarrantsOnWeightedAverageNumberOfOrdinaryShares_01a03970-a0f5-7207-9bb2-ab2b696446c2_terseLabel_en-US" xlink:label="lab_ifrs-full_DilutiveEffectOfWarrantsOnWeightedAverageNumberOfOrdinaryShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dilutive effect of warrants (in shares)</link:label>
    <link:label id="lab_ifrs-full_DilutiveEffectOfWarrantsOnWeightedAverageNumberOfOrdinaryShares_label_en-US" xlink:label="lab_ifrs-full_DilutiveEffectOfWarrantsOnWeightedAverageNumberOfOrdinaryShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dilutive effect of warrants on weighted average number of ordinary shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DilutiveEffectOfWarrantsOnWeightedAverageNumberOfOrdinaryShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DilutiveEffectOfWarrantsOnWeightedAverageNumberOfOrdinaryShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DilutiveEffectOfWarrantsOnWeightedAverageNumberOfOrdinaryShares" xlink:to="lab_ifrs-full_DilutiveEffectOfWarrantsOnWeightedAverageNumberOfOrdinaryShares" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories_01a03970-a05b-7a9c-8402-71bb634cdbac_negatedLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Inventories</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for impairment loss (reversal of impairment loss) recognised in profit or loss, inventories</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories" xlink:to="lab_ifrs-full_AdjustmentsForImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossInventories" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesDomain_01a03970-a0f5-76c0-8f60-3b0cb70d2a94_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of liabilities [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of liabilities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfLiabilitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfLiabilitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfLiabilitiesDomain" xlink:to="lab_ifrs-full_ClassesOfLiabilitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RepurchaseAgreementsPayableMember_01a03970-a05b-732d-bf4b-50ec1394fe7a_terseLabel_en-US" xlink:label="lab_cve_RepurchaseAgreementsPayableMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Repurchase Agreements Payable</link:label>
    <link:label id="lab_cve_RepurchaseAgreementsPayableMember_label_en-US" xlink:label="lab_cve_RepurchaseAgreementsPayableMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repurchase Agreements Payable [Member]</link:label>
    <link:label id="lab_cve_RepurchaseAgreementsPayableMember_documentation_en-US" xlink:label="lab_cve_RepurchaseAgreementsPayableMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Repurchase Agreements Payable</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RepurchaseAgreementsPayableMember" xlink:href="cve-20260930.xsd#cve_RepurchaseAgreementsPayableMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RepurchaseAgreementsPayableMember" xlink:to="lab_cve_RepurchaseAgreementsPayableMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems_01a03970-9f7c-7414-8e11-a69ffa9df390_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of quantitative information about right-of-use assets [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of quantitative information about right-of-use assets [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:to="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdditionalPaidinCapitalMember_01a03970-a0f5-7dc5-910c-fc7fd4dc46dd_terseLabel_en-US" xlink:label="lab_ifrs-full_AdditionalPaidinCapitalMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Paid in Surplus</link:label>
    <link:label id="lab_ifrs-full_AdditionalPaidinCapitalMember_label_en-US" xlink:label="lab_ifrs-full_AdditionalPaidinCapitalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additional paid-in capital [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdditionalPaidinCapitalMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionalPaidinCapitalMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionalPaidinCapitalMember" xlink:to="lab_ifrs-full_AdditionalPaidinCapitalMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_USToCanadianDollarExchangeRateMember_01a03970-a05a-7fc1-9d21-d5438a868215_terseLabel_en-US" xlink:label="lab_cve_USToCanadianDollarExchangeRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">U.S. to Canadian Dollar Exchange Rate</link:label>
    <link:label id="lab_cve_USToCanadianDollarExchangeRateMember_label_en-US" xlink:label="lab_cve_USToCanadianDollarExchangeRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">U.S. to Canadian Dollar Exchange Rate [Member]</link:label>
    <link:label id="lab_cve_USToCanadianDollarExchangeRateMember_documentation_en-US" xlink:label="lab_cve_USToCanadianDollarExchangeRateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">U.S. to Canadian Dollar Exchange Rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_USToCanadianDollarExchangeRateMember" xlink:href="cve-20260930.xsd#cve_USToCanadianDollarExchangeRateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_USToCanadianDollarExchangeRateMember" xlink:to="lab_cve_USToCanadianDollarExchangeRateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DeferredShareUnitsMember_01a03970-a0f5-7e99-a3d8-615596a703d5_terseLabel_en-US" xlink:label="lab_cve_DeferredShareUnitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred Share Units</link:label>
    <link:label id="lab_cve_DeferredShareUnitsMember_label_en-US" xlink:label="lab_cve_DeferredShareUnitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Share Units [Member]</link:label>
    <link:label id="lab_cve_DeferredShareUnitsMember_documentation_en-US" xlink:label="lab_cve_DeferredShareUnitsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred share units.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DeferredShareUnitsMember" xlink:href="cve-20260930.xsd#cve_DeferredShareUnitsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DeferredShareUnitsMember" xlink:to="lab_cve_DeferredShareUnitsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevenueFromRenderingOfServicesRelatedPartyTransactions_01a03970-a0f5-70c3-a54e-5c8cc7c8c532_terseLabel_en-US" xlink:label="lab_ifrs-full_RevenueFromRenderingOfServicesRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenues from Construction and Management Services</link:label>
    <link:label id="lab_ifrs-full_RevenueFromRenderingOfServicesRelatedPartyTransactions_label_en-US" xlink:label="lab_ifrs-full_RevenueFromRenderingOfServicesRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from rendering of services, related party transactions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueFromRenderingOfServicesRelatedPartyTransactions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueFromRenderingOfServicesRelatedPartyTransactions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueFromRenderingOfServicesRelatedPartyTransactions" xlink:to="lab_ifrs-full_RevenueFromRenderingOfServicesRelatedPartyTransactions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComprehensiveIncome_01a03970-a05b-7dfc-8f06-e026578bcb5b_totalLabel_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss)</link:label>
    <link:label id="lab_ifrs-full_ComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_ComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComprehensiveIncome" xlink:to="lab_ifrs-full_ComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfChangesInEquityAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfChangesInEquityAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityAbstract" xlink:to="lab_ifrs-full_StatementOfChangesInEquityAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_ForeignExchangeContractsMember_01a03970-a0f5-7a28-bc81-e425cfa5d7c9_terseLabel_en-US" xlink:label="lab_cve_ForeignExchangeContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign Exchange Contracts</link:label>
    <link:label id="lab_cve_ForeignExchangeContractsMember_label_en-US" xlink:label="lab_cve_ForeignExchangeContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign Exchange Contracts [Member]</link:label>
    <link:label id="lab_cve_ForeignExchangeContractsMember_documentation_en-US" xlink:label="lab_cve_ForeignExchangeContractsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest rate, foreign exchange or cross currency interest rate swap.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ForeignExchangeContractsMember" xlink:href="cve-20260930.xsd#cve_ForeignExchangeContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ForeignExchangeContractsMember" xlink:to="lab_cve_ForeignExchangeContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MaterialIncomeAndExpenseAbstract_01a05746-07d8-79b8-b95b-0438da865e12_verboseLabel_en-US" xlink:label="lab_ifrs-full_MaterialIncomeAndExpenseAbstract" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Expenses</link:label>
    <link:label id="lab_ifrs-full_MaterialIncomeAndExpenseAbstract_01a03970-a0f5-7979-93ec-536ddb83ddd3_terseLabel_en-US" xlink:label="lab_ifrs-full_MaterialIncomeAndExpenseAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expenses</link:label>
    <link:label id="lab_ifrs-full_MaterialIncomeAndExpenseAbstract_label_en-US" xlink:label="lab_ifrs-full_MaterialIncomeAndExpenseAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Material income and expense [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MaterialIncomeAndExpenseAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MaterialIncomeAndExpenseAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MaterialIncomeAndExpenseAbstract" xlink:to="lab_ifrs-full_MaterialIncomeAndExpenseAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RetainedEarnings_01a03970-a0f5-71af-bd02-fcb16c4cbe5b_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_RetainedEarnings" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Retained earnings</link:label>
    <link:label id="lab_ifrs-full_RetainedEarnings_label_en-US" xlink:label="lab_ifrs-full_RetainedEarnings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained earnings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RetainedEarnings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RetainedEarnings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RetainedEarnings" xlink:to="lab_ifrs-full_RetainedEarnings" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfNetDebtToAdjustedFundsFlowExplanatoryTableTextBlock_01a03970-a0f5-7090-aede-50ff857232e0_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfNetDebtToAdjustedFundsFlowExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Disclosure Of Net To Adjusted Funds Flow Explanatory</link:label>
    <link:label id="lab_cve_DisclosureOfNetDebtToAdjustedFundsFlowExplanatoryTableTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfNetDebtToAdjustedFundsFlowExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Net Debt To Adjusted Funds Flow Explanatory [Table Text Block]</link:label>
    <link:label id="lab_cve_DisclosureOfNetDebtToAdjustedFundsFlowExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_cve_DisclosureOfNetDebtToAdjustedFundsFlowExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Net Debt To Adjusted Funds Flow Explanatory</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfNetDebtToAdjustedFundsFlowExplanatoryTableTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfNetDebtToAdjustedFundsFlowExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfNetDebtToAdjustedFundsFlowExplanatoryTableTextBlock" xlink:to="lab_cve_DisclosureOfNetDebtToAdjustedFundsFlowExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NaturalGasCommodityPriceMember_01a03970-a05b-7275-aeec-412805d7f3ea_terseLabel_en-US" xlink:label="lab_cve_NaturalGasCommodityPriceMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Natural Gas Commodity Price</link:label>
    <link:label id="lab_cve_NaturalGasCommodityPriceMember_label_en-US" xlink:label="lab_cve_NaturalGasCommodityPriceMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Natural Gas Commodity Price [Member]</link:label>
    <link:label id="lab_cve_NaturalGasCommodityPriceMember_documentation_en-US" xlink:label="lab_cve_NaturalGasCommodityPriceMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Natural Gas Commodity Price</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NaturalGasCommodityPriceMember" xlink:href="cve-20260930.xsd#cve_NaturalGasCommodityPriceMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NaturalGasCommodityPriceMember" xlink:to="lab_cve_NaturalGasCommodityPriceMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_GainsLossesOnChangeInFairValueOfContracts_01a03970-a0f5-75b6-bbf7-880cbd645f71_terseLabel_en-US" xlink:label="lab_cve_GainsLossesOnChangeInFairValueOfContracts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in Fair Value of Contracts in Place, Beginning of Year</link:label>
    <link:label id="lab_cve_GainsLossesOnChangeInFairValueOfContracts_label_en-US" xlink:label="lab_cve_GainsLossesOnChangeInFairValueOfContracts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains Losses On Change In Fair Value Of Contracts</link:label>
    <link:label id="lab_cve_GainsLossesOnChangeInFairValueOfContracts_documentation_en-US" xlink:label="lab_cve_GainsLossesOnChangeInFairValueOfContracts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Gains losses on change in fair value of contracts.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_GainsLossesOnChangeInFairValueOfContracts" xlink:href="cve-20260930.xsd#cve_GainsLossesOnChangeInFairValueOfContracts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_GainsLossesOnChangeInFairValueOfContracts" xlink:to="lab_cve_GainsLossesOnChangeInFairValueOfContracts" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_SharesIssuedInAmountUnderArrangement_01a05c94-45b0-7128-9530-583f9609fe4c_terseLabel_en-US" xlink:label="lab_cve_SharesIssuedInAmountUnderArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares Issued In Amount Under Arrangement</link:label>
    <link:label id="lab_cve_SharesIssuedInAmountUnderArrangement_label_en-US" xlink:label="lab_cve_SharesIssuedInAmountUnderArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Shares Issued In Amount Under Arrangement</link:label>
    <link:label id="lab_cve_SharesIssuedInAmountUnderArrangement_documentation_en-US" xlink:label="lab_cve_SharesIssuedInAmountUnderArrangement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Shares Issued In Amount Under Arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_SharesIssuedInAmountUnderArrangement" xlink:href="cve-20260930.xsd#cve_SharesIssuedInAmountUnderArrangement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_SharesIssuedInAmountUnderArrangement" xlink:to="lab_cve_SharesIssuedInAmountUnderArrangement" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_01a03970-a05b-7edd-8fb6-b4ae4fe7c0c1_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">BASIS OF PREPARATION AND STATEMENT OF COMPLIANCE</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of basis of preparation of financial statements [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_IncreaseDecreaseThroughDecommissioningLiabilitiesPropertyPlantAndEquipment_01a03970-a05b-76eb-a257-73f1b0fc97aa_terseLabel_en-US" xlink:label="lab_cve_IncreaseDecreaseThroughDecommissioningLiabilitiesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in Decommissioning Liabilities</link:label>
    <link:label id="lab_cve_IncreaseDecreaseThroughDecommissioningLiabilitiesPropertyPlantAndEquipment_label_en-US" xlink:label="lab_cve_IncreaseDecreaseThroughDecommissioningLiabilitiesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase Decrease Through Decommissioning Liabilities Property Plant And Equipment</link:label>
    <link:label id="lab_cve_IncreaseDecreaseThroughDecommissioningLiabilitiesPropertyPlantAndEquipment_documentation_en-US" xlink:label="lab_cve_IncreaseDecreaseThroughDecommissioningLiabilitiesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase decrease through decommissioning liabilities property plant and equipment.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_IncreaseDecreaseThroughDecommissioningLiabilitiesPropertyPlantAndEquipment" xlink:href="cve-20260930.xsd#cve_IncreaseDecreaseThroughDecommissioningLiabilitiesPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_IncreaseDecreaseThroughDecommissioningLiabilitiesPropertyPlantAndEquipment" xlink:to="lab_cve_IncreaseDecreaseThroughDecommissioningLiabilitiesPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossTable_01a03970-9f7c-7831-a044-63fa5d579ebd_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Effect Of Changes In Foreign Exchange Rates Gain Loss [Table]</link:label>
    <link:label id="lab_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossTable_label_en-US" xlink:label="lab_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Effect Of Changes In Foreign Exchange Rates Gain Loss [Table]</link:label>
    <link:label id="lab_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossTable_documentation_en-US" xlink:label="lab_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of effect of changes in foreign exchange rates gain loss table.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossTable" xlink:href="cve-20260930.xsd#cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossTable" xlink:to="lab_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossTable" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_IncreaseDecreaseInWorkingCapitalClassifiedAsInvestingActivities_01a03970-a05a-79d6-8f73-008bbf749492_terseLabel_en-US" xlink:label="lab_cve_IncreaseDecreaseInWorkingCapitalClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Change in Non-Cash Working Capital</link:label>
    <link:label id="lab_cve_IncreaseDecreaseInWorkingCapitalClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_cve_IncreaseDecreaseInWorkingCapitalClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase Decrease In Working Capital Classified As Investing Activities</link:label>
    <link:label id="lab_cve_IncreaseDecreaseInWorkingCapitalClassifiedAsInvestingActivities_documentation_en-US" xlink:label="lab_cve_IncreaseDecreaseInWorkingCapitalClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (decrease) in working capital classified as investing activities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_IncreaseDecreaseInWorkingCapitalClassifiedAsInvestingActivities" xlink:href="cve-20260930.xsd#cve_IncreaseDecreaseInWorkingCapitalClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_IncreaseDecreaseInWorkingCapitalClassifiedAsInvestingActivities" xlink:to="lab_cve_IncreaseDecreaseInWorkingCapitalClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems_01a03970-9f7c-7715-a8e4-b9217d481a5d_verboseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [Line Items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems_01a03970-9f7c-70fe-ac0f-e13c43c6110b_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_01a03970-a05a-7180-935f-f31b0788eae0_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_label_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
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    <link:label id="lab_ifrs-full_Assets_01a03970-a0f5-73cf-b2d0-a205be4eccd3_totalLabel_en-US" xlink:label="lab_ifrs-full_Assets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total Assets</link:label>
    <link:label id="lab_ifrs-full_Assets_01a03970-a0f5-735e-ae0d-d5399f4e961e_terseLabel_en-US" xlink:label="lab_ifrs-full_Assets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:label id="lab_ifrs-full_Assets_label_en-US" xlink:label="lab_ifrs-full_Assets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Assets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Assets"/>
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    <link:label id="lab_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted_01a03970-a05a-7e94-a3e3-c7b326af2e4b_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of share units, granted (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted_label_en-US" xlink:label="lab_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of other equity instruments granted in share-based payment arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" xlink:to="lab_ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NumberOfCommonSharesMarketPurchaseShares_01a03970-a05b-7a25-80c0-fb1d43ace6ef_terseLabel_en-US" xlink:label="lab_cve_NumberOfCommonSharesMarketPurchaseShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchased Under Employee Benefit Plan (in shares)</link:label>
    <link:label id="lab_cve_NumberOfCommonSharesMarketPurchaseShares_label_en-US" xlink:label="lab_cve_NumberOfCommonSharesMarketPurchaseShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Common Shares, Market Purchase, Shares</link:label>
    <link:label id="lab_cve_NumberOfCommonSharesMarketPurchaseShares_documentation_en-US" xlink:label="lab_cve_NumberOfCommonSharesMarketPurchaseShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Common Shares, Market Purchase, Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NumberOfCommonSharesMarketPurchaseShares" xlink:href="cve-20260930.xsd#cve_NumberOfCommonSharesMarketPurchaseShares"/>
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    <link:label id="lab_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities_01a03970-a0f5-7c3e-8122-5b2f6425b005_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Change in Investments and Other</link:label>
    <link:label id="lab_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other inflows (outflows) of cash, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities"/>
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    <link:label id="lab_cve_DisclosureOfComponentsOfTaxExpenseIncomeTable_01a03970-a0f5-72b8-b1c6-51f3ff2866e7_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfComponentsOfTaxExpenseIncomeTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Components Of Tax Expense Income [Table]</link:label>
    <link:label id="lab_cve_DisclosureOfComponentsOfTaxExpenseIncomeTable_label_en-US" xlink:label="lab_cve_DisclosureOfComponentsOfTaxExpenseIncomeTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Components Of Tax Expense Income [Table]</link:label>
    <link:label id="lab_cve_DisclosureOfComponentsOfTaxExpenseIncomeTable_documentation_en-US" xlink:label="lab_cve_DisclosureOfComponentsOfTaxExpenseIncomeTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule disclosing information related to components of tax expense income.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfComponentsOfTaxExpenseIncomeTable" xlink:href="cve-20260930.xsd#cve_DisclosureOfComponentsOfTaxExpenseIncomeTable"/>
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    <link:label id="lab_cve_PercentageOfConsiderationTransferredInShares_01a15edc-edb3-7e51-9675-b9aeba1d20f7_terseLabel_en-US" xlink:label="lab_cve_PercentageOfConsiderationTransferredInShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percentage of consideration transferred in shares</link:label>
    <link:label id="lab_cve_PercentageOfConsiderationTransferredInShares_label_en-US" xlink:label="lab_cve_PercentageOfConsiderationTransferredInShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Consideration Transferred In Shares</link:label>
    <link:label id="lab_cve_PercentageOfConsiderationTransferredInShares_documentation_en-US" xlink:label="lab_cve_PercentageOfConsiderationTransferredInShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage Of Consideration Transferred In Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_PercentageOfConsiderationTransferredInShares" xlink:href="cve-20260930.xsd#cve_PercentageOfConsiderationTransferredInShares"/>
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    <link:label id="lab_ifrs-full_RoyaltyExpense_01a03970-9f7c-758a-be25-a67fabf5bedd_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_RoyaltyExpense" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Less: Royalties</link:label>
    <link:label id="lab_ifrs-full_RoyaltyExpense_label_en-US" xlink:label="lab_ifrs-full_RoyaltyExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Royalty expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RoyaltyExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RoyaltyExpense"/>
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    <link:label id="lab_ifrs-full_TypesOfRisksDomain_01a03970-a05b-7c2a-8461-17c9536ec365_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfRisksDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of risks</link:label>
    <link:label id="lab_ifrs-full_TypesOfRisksDomain_label_en-US" xlink:label="lab_ifrs-full_TypesOfRisksDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of risks [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfRisksDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfRisksDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfRisksDomain" xlink:to="lab_ifrs-full_TypesOfRisksDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_IncreaseDecreaseInWorkingCapitalOperatingActivities_01a03970-a05b-72fe-99de-2e76e752327b_negatedLabel_en-US" xlink:label="lab_cve_IncreaseDecreaseInWorkingCapitalOperatingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Net Change in Non-Cash Working Capital</link:label>
    <link:label id="lab_cve_IncreaseDecreaseInWorkingCapitalOperatingActivities_01a03970-a05b-7838-a0e0-81dedddd8a08_negatedTerseLabel_en-US" xlink:label="lab_cve_IncreaseDecreaseInWorkingCapitalOperatingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net Change in Non-Cash Working Capital</link:label>
    <link:label id="lab_cve_IncreaseDecreaseInWorkingCapitalOperatingActivities_label_en-US" xlink:label="lab_cve_IncreaseDecreaseInWorkingCapitalOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Working Capital, Operating Activities</link:label>
    <link:label id="lab_cve_IncreaseDecreaseInWorkingCapitalOperatingActivities_documentation_en-US" xlink:label="lab_cve_IncreaseDecreaseInWorkingCapitalOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Working Capital, Operating Activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_IncreaseDecreaseInWorkingCapitalOperatingActivities" xlink:href="cve-20260930.xsd#cve_IncreaseDecreaseInWorkingCapitalOperatingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_IncreaseDecreaseInWorkingCapitalOperatingActivities" xlink:to="lab_cve_IncreaseDecreaseInWorkingCapitalOperatingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_FinancialInstrumentsAxis_01a03970-9f7c-7b18-9e9b-61810999e91e_terseLabel_en-US" xlink:label="lab_cve_FinancialInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Instruments</link:label>
    <link:label id="lab_cve_FinancialInstrumentsAxis_label_en-US" xlink:label="lab_cve_FinancialInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Instruments [Axis]</link:label>
    <link:label id="lab_cve_FinancialInstrumentsAxis_documentation_en-US" xlink:label="lab_cve_FinancialInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial instruments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_FinancialInstrumentsAxis" xlink:href="cve-20260930.xsd#cve_FinancialInstrumentsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_FinancialInstrumentsAxis" xlink:to="lab_cve_FinancialInstrumentsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_FairValueDebtCarriedAtAmortizedCost_01a03970-a05b-7d09-a125-b11994df34fe_verboseLabel_en-US" xlink:label="lab_cve_FairValueDebtCarriedAtAmortizedCost" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Debt, fair value</link:label>
    <link:label id="lab_cve_FairValueDebtCarriedAtAmortizedCost_label_en-US" xlink:label="lab_cve_FairValueDebtCarriedAtAmortizedCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Debt Carried At Amortized Cost</link:label>
    <link:label id="lab_cve_FairValueDebtCarriedAtAmortizedCost_documentation_en-US" xlink:label="lab_cve_FairValueDebtCarriedAtAmortizedCost" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair value debt carried at amortized cost.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_FairValueDebtCarriedAtAmortizedCost" xlink:href="cve-20260930.xsd#cve_FairValueDebtCarriedAtAmortizedCost"/>
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    <link:label id="lab_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement_01a03970-a0f5-7dc8-ba60-37cc17c25e43_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of share units, outstanding (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement_label_en-US" xlink:label="lab_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of other equity instruments outstanding in share-based payment arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement"/>
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    <link:label id="lab_ifrs-full_CreditRiskMember_01a03970-a05a-7ce4-b20c-f9486fbd6791_terseLabel_en-US" xlink:label="lab_ifrs-full_CreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit risk</link:label>
    <link:label id="lab_ifrs-full_CreditRiskMember_label_en-US" xlink:label="lab_ifrs-full_CreditRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit risk [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CreditRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CreditRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CreditRiskMember" xlink:to="lab_ifrs-full_CreditRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_IncreaseDecreaseThroughForeignExchangeAndOtherMovementsRightOfUseAsset_01a03970-a0f5-74d6-82c6-057abafef6c7_terseLabel_en-US" xlink:label="lab_cve_IncreaseDecreaseThroughForeignExchangeAndOtherMovementsRightOfUseAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange Rate Movements and Other</link:label>
    <link:label id="lab_cve_IncreaseDecreaseThroughForeignExchangeAndOtherMovementsRightOfUseAsset_label_en-US" xlink:label="lab_cve_IncreaseDecreaseThroughForeignExchangeAndOtherMovementsRightOfUseAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) Through Foreign Exchange And Other Movements Right Of Use Asset</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_IncreaseDecreaseThroughForeignExchangeAndOtherMovementsRightOfUseAsset" xlink:href="cve-20260930.xsd#cve_IncreaseDecreaseThroughForeignExchangeAndOtherMovementsRightOfUseAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_IncreaseDecreaseThroughForeignExchangeAndOtherMovementsRightOfUseAsset" xlink:to="lab_cve_IncreaseDecreaseThroughForeignExchangeAndOtherMovementsRightOfUseAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_01a03970-a05a-7aa8-86ee-ed36fcfb9e59_totalLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net Earnings (Loss) &#8211; Basic</link:label>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity_label_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss), attributable to ordinary equity holders of parent entity, used in calculating basic earnings per share</link:label>
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    <link:label id="lab_cve_DepreciationAmortisationImpairmentAndExplorationLossReversalOfImpairmentLossRecognisedInProfitOrLoss_01a03970-a05a-72c6-964e-63e88d010770_terseLabel_en-US" xlink:label="lab_cve_DepreciationAmortisationImpairmentAndExplorationLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation, Depletion, Amortization and Exploration Expense</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_cve_DepreciationAmortisationImpairmentAndExplorationLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:href="cve-20260930.xsd#cve_DepreciationAmortisationImpairmentAndExplorationLossReversalOfImpairmentLossRecognisedInProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DepreciationAmortisationImpairmentAndExplorationLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:to="lab_cve_DepreciationAmortisationImpairmentAndExplorationLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RefiningAssetsMember_01a03970-a0f5-7047-93fd-b4435b4a796a_terseLabel_en-US" xlink:label="lab_cve_RefiningAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Refining Assets</link:label>
    <link:label id="lab_cve_RefiningAssetsMember_label_en-US" xlink:label="lab_cve_RefiningAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Refining Assets [Member]</link:label>
    <link:label id="lab_cve_RefiningAssetsMember_documentation_en-US" xlink:label="lab_cve_RefiningAssetsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Refining Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RefiningAssetsMember" xlink:href="cve-20260930.xsd#cve_RefiningAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RefiningAssetsMember" xlink:to="lab_cve_RefiningAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_SegmentGeographicalDomain_01a03970-a0f5-7b7b-8120-242ca732b8a8_terseLabel_en-US" xlink:label="lab_srt_SegmentGeographicalDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical [Domain]</link:label>
    <link:label id="lab_srt_SegmentGeographicalDomain_label_en-US" xlink:label="lab_srt_SegmentGeographicalDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_SegmentGeographicalDomain" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_SegmentGeographicalDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_SegmentGeographicalDomain" xlink:to="lab_srt_SegmentGeographicalDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Revenue_01a05745-c40d-7289-8eb4-34adc3779970_verboseLabel_en-US" xlink:label="lab_ifrs-full_Revenue" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:label id="lab_ifrs-full_Revenue_label_en-US" xlink:label="lab_ifrs-full_Revenue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Revenue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Revenue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Revenue" xlink:to="lab_ifrs-full_Revenue" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RefinedProductsMember_01a03970-a0f5-7f07-96b6-9915aba20841_terseLabel_en-US" xlink:label="lab_cve_RefinedProductsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Refined Products</link:label>
    <link:label id="lab_cve_RefinedProductsMember_label_en-US" xlink:label="lab_cve_RefinedProductsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Refined Products [Member]</link:label>
    <link:label id="lab_cve_RefinedProductsMember_documentation_en-US" xlink:label="lab_cve_RefinedProductsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Refined Products</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RefinedProductsMember" xlink:href="cve-20260930.xsd#cve_RefinedProductsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RefinedProductsMember" xlink:to="lab_cve_RefinedProductsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IssuedCapitalMember_01a03970-a05b-7147-81cc-50d3c2d5668d_terseLabel_en-US" xlink:label="lab_ifrs-full_IssuedCapitalMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Shares</link:label>
    <link:label id="lab_ifrs-full_IssuedCapitalMember_label_en-US" xlink:label="lab_ifrs-full_IssuedCapitalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Issued capital [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IssuedCapitalMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IssuedCapitalMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IssuedCapitalMember" xlink:to="lab_ifrs-full_IssuedCapitalMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GeographicalAreasAxis_01a03970-a0f5-7bfd-9117-3f921ef663e6_terseLabel_en-US" xlink:label="lab_ifrs-full_GeographicalAreasAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical areas [axis]</link:label>
    <link:label id="lab_ifrs-full_GeographicalAreasAxis_label_en-US" xlink:label="lab_ifrs-full_GeographicalAreasAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical areas [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GeographicalAreasAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GeographicalAreasAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GeographicalAreasAxis" xlink:to="lab_ifrs-full_GeographicalAreasAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ShorttermBorrowings_01a03970-a05b-75cd-962d-bbe7a04392ff_verboseLabel_en-US" xlink:label="lab_ifrs-full_ShorttermBorrowings" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Current borrowings</link:label>
    <link:label id="lab_ifrs-full_ShorttermBorrowings_01a03970-a05b-790e-b804-e95496b9100b_periodStartLabel_en-US" xlink:label="lab_ifrs-full_ShorttermBorrowings" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance, short-term borrowings</link:label>
    <link:label id="lab_ifrs-full_ShorttermBorrowings_01a03970-a05b-70e3-a0d2-37f6fd62d14c_periodEndLabel_en-US" xlink:label="lab_ifrs-full_ShorttermBorrowings" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance, short term borrowings</link:label>
    <link:label id="lab_ifrs-full_ShorttermBorrowings_label_en-US" xlink:label="lab_ifrs-full_ShorttermBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShorttermBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShorttermBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ShorttermBorrowings" xlink:to="lab_ifrs-full_ShorttermBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherNoncurrentLiabilities_01a03970-a05a-778c-b678-fc69f4575750_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Liabilities</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentLiabilities_01a03970-a05a-7e3a-8939-c451f21691bf_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Other liabilities</link:label>
    <link:label id="lab_ifrs-full_OtherNoncurrentLiabilities_label_en-US" xlink:label="lab_ifrs-full_OtherNoncurrentLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other non-current liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherNoncurrentLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherNoncurrentLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherNoncurrentLiabilities" xlink:to="lab_ifrs-full_OtherNoncurrentLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DivestitureOfShortTermBorrowings_01a05c5c-36aa-7e1b-a9c4-d2ac38563073_terseLabel_en-US" xlink:label="lab_cve_DivestitureOfShortTermBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Divestiture of Short-Term Borrowings</link:label>
    <link:label id="lab_cve_DivestitureOfShortTermBorrowings_label_en-US" xlink:label="lab_cve_DivestitureOfShortTermBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Divestiture Of Short-Term Borrowings</link:label>
    <link:label id="lab_cve_DivestitureOfShortTermBorrowings_documentation_en-US" xlink:label="lab_cve_DivestitureOfShortTermBorrowings" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Divestiture Of Short-Term Borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DivestitureOfShortTermBorrowings" xlink:href="cve-20260930.xsd#cve_DivestitureOfShortTermBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DivestitureOfShortTermBorrowings" xlink:to="lab_cve_DivestitureOfShortTermBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LiabilitiesArisingFromFinancingActivities_01a03970-a05b-79d5-931c-7ea93da52adb_periodStartLabel_en-US" xlink:label="lab_ifrs-full_LiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance, long-term debt</link:label>
    <link:label id="lab_ifrs-full_LiabilitiesArisingFromFinancingActivities_01a03970-a05b-742c-bd37-96af5a5684ec_periodEndLabel_en-US" xlink:label="lab_ifrs-full_LiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance, long-term debt</link:label>
    <link:label id="lab_ifrs-full_LiabilitiesArisingFromFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_LiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities arising from financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LiabilitiesArisingFromFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LiabilitiesArisingFromFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LiabilitiesArisingFromFinancingActivities" xlink:to="lab_ifrs-full_LiabilitiesArisingFromFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember_01a03970-a05a-780e-be60-a172bf04d588_terseLabel_en-US" xlink:label="lab_ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Private Equity Investments</link:label>
    <link:label id="lab_ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember_label_en-US" xlink:label="lab_ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reserve of gains and losses from investments in equity instruments [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember" xlink:to="lab_ifrs-full_ReserveOfGainsAndLossesFromInvestmentsInEquityInstrumentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivities_01a03970-a0f5-7eea-87c4-5b89a75e31b7_verboseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Dividends Paid</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through financing cash flows, liabilities arising from financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivities" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughFinancingCashFlowsLiabilitiesArisingFromFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CanadianDollarUnsecuredNotesMember_01a03970-a05b-7647-a524-e7ce8772a31c_terseLabel_en-US" xlink:label="lab_cve_CanadianDollarUnsecuredNotesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Canadian Dollar Unsecured Notes</link:label>
    <link:label id="lab_cve_CanadianDollarUnsecuredNotesMember_label_en-US" xlink:label="lab_cve_CanadianDollarUnsecuredNotesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Canadian Dollar Unsecured Notes [Member]</link:label>
    <link:label id="lab_cve_CanadianDollarUnsecuredNotesMember_documentation_en-US" xlink:label="lab_cve_CanadianDollarUnsecuredNotesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Canadian Dollar Unsecured Notes</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CanadianDollarUnsecuredNotesMember" xlink:href="cve-20260930.xsd#cve_CanadianDollarUnsecuredNotesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CanadianDollarUnsecuredNotesMember" xlink:to="lab_cve_CanadianDollarUnsecuredNotesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentLeaseLiabilities_01a03970-9f7c-70d1-bea1-8e1fd4013eb6_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease Liabilities</link:label>
    <link:label id="lab_ifrs-full_NoncurrentLeaseLiabilities_label_en-US" xlink:label="lab_ifrs-full_NoncurrentLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentLeaseLiabilities" xlink:to="lab_ifrs-full_NoncurrentLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable_01a03970-a0f5-7559-a106-4e8ccdd326aa_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of quantitative information about right-of-use assets [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of quantitative information about right-of-use assets [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:to="lab_ifrs-full_DisclosureOfQuantitativeInformationAboutRightofuseAssetsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CommonSharesIssuedInExerciseOfOtherEquityInstruments_01a03970-a05a-7c5c-aa45-c7d096de3193_terseLabel_en-US" xlink:label="lab_cve_CommonSharesIssuedInExerciseOfOtherEquityInstruments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common shares issued in exercise of other equity instruments (in shares)</link:label>
    <link:label id="lab_cve_CommonSharesIssuedInExerciseOfOtherEquityInstruments_label_en-US" xlink:label="lab_cve_CommonSharesIssuedInExerciseOfOtherEquityInstruments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common shares issued in exercise of other equity instruments</link:label>
    <link:label id="lab_cve_CommonSharesIssuedInExerciseOfOtherEquityInstruments_documentation_en-US" xlink:label="lab_cve_CommonSharesIssuedInExerciseOfOtherEquityInstruments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common shares issued in exercise of other equity instruments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CommonSharesIssuedInExerciseOfOtherEquityInstruments" xlink:href="cve-20260930.xsd#cve_CommonSharesIssuedInExerciseOfOtherEquityInstruments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CommonSharesIssuedInExerciseOfOtherEquityInstruments" xlink:to="lab_cve_CommonSharesIssuedInExerciseOfOtherEquityInstruments" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NetDebt_01a05844-ff9c-7026-ad0f-7649418450b6_totalLabel_en-US" xlink:label="lab_ifrs-full_NetDebt" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net Debt</link:label>
    <link:label id="lab_ifrs-full_NetDebt_01a03970-9f7c-702e-a8c7-4e00e80125f1_terseLabel_en-US" xlink:label="lab_ifrs-full_NetDebt" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Debt</link:label>
    <link:label id="lab_ifrs-full_NetDebt_label_en-US" xlink:label="lab_ifrs-full_NetDebt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net debt</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetDebt" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetDebt"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetDebt" xlink:to="lab_ifrs-full_NetDebt" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable_01a03970-a05a-7f0e-91c3-d8cdc15624ba_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of assets [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of assets [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:to="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfGainsLossesOnChangeInFairValueOfDerivativesExplanatoryTableTextBlock_01a03970-a0f4-73bb-bfb7-4430ca0b62b3_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfGainsLossesOnChangeInFairValueOfDerivativesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Earnings Impact of (Gain) Loss from Risk Management Positions</link:label>
    <link:label id="lab_cve_DisclosureOfGainsLossesOnChangeInFairValueOfDerivativesExplanatoryTableTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfGainsLossesOnChangeInFairValueOfDerivativesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Gains Losses On Change In Fair Value Of Derivatives Explanatory [Table Text Block]</link:label>
    <link:label id="lab_cve_DisclosureOfGainsLossesOnChangeInFairValueOfDerivativesExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_cve_DisclosureOfGainsLossesOnChangeInFairValueOfDerivativesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of gains losses &#8203;on change in fair value of derivatives.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfGainsLossesOnChangeInFairValueOfDerivativesExplanatoryTableTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfGainsLossesOnChangeInFairValueOfDerivativesExplanatoryTableTextBlock"/>
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    <link:label id="lab_ifrs-full_AccumulatedOtherComprehensiveIncomeMember_01a03970-a05a-78ed-9ee4-1d1995e0654b_terseLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">AOCI</link:label>
    <link:label id="lab_ifrs-full_AccumulatedOtherComprehensiveIncomeMember_label_en-US" xlink:label="lab_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated other comprehensive income [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedOtherComprehensiveIncomeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:to="lab_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskDomain_01a03970-a0f5-7744-b03c-d4c78bfacd42_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial instruments measured at fair value through profit or loss because credit derivative is used to manage credit risk [domain]</link:label>
    <link:label id="lab_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskDomain_label_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial instruments measured at fair value through profit or loss because credit derivative is used to manage credit risk [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskDomain" xlink:to="lab_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NonCurrentLiabilitiesFromShareBasedPaymentTransactions2011_01a03970-a0f5-74c7-b76e-02d3332242f3_terseLabel_en-US" xlink:label="lab_cve_NonCurrentLiabilitiesFromShareBasedPaymentTransactions2011" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employee Long-Term Incentives</link:label>
    <link:label id="lab_cve_NonCurrentLiabilitiesFromShareBasedPaymentTransactions2011_label_en-US" xlink:label="lab_cve_NonCurrentLiabilitiesFromShareBasedPaymentTransactions2011" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non Current Liabilities From Share Based Payment Transactions2011</link:label>
    <link:label id="lab_cve_NonCurrentLiabilitiesFromShareBasedPaymentTransactions2011_documentation_en-US" xlink:label="lab_cve_NonCurrentLiabilitiesFromShareBasedPaymentTransactions2011" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non current liabilities from share-based payment transactions 2011.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NonCurrentLiabilitiesFromShareBasedPaymentTransactions2011" xlink:href="cve-20260930.xsd#cve_NonCurrentLiabilitiesFromShareBasedPaymentTransactions2011"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NonCurrentLiabilitiesFromShareBasedPaymentTransactions2011" xlink:to="lab_cve_NonCurrentLiabilitiesFromShareBasedPaymentTransactions2011" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SegmentsDomain_01a03970-9f7c-7ef6-a5cc-969cdaf5f4ec_terseLabel_en-US" xlink:label="lab_ifrs-full_SegmentsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segments</link:label>
    <link:label id="lab_ifrs-full_SegmentsDomain_label_en-US" xlink:label="lab_ifrs-full_SegmentsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segments [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SegmentsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SegmentsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SegmentsDomain" xlink:to="lab_ifrs-full_SegmentsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_01a03970-a05a-7b2b-93bd-3d4f34272f72_terseLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_01a03970-a05a-73ff-a054-ce3182071ad8_periodStartLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, Beginning of Period</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_01a03970-a05a-7328-9be6-7422f14a551a_periodEndLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Cash and Cash Equivalents, End of Period</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_01a05844-9b7f-771d-8a59-a0dcda37dd07_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Less: Cash and Cash Equivalents</link:label>
    <link:label id="lab_ifrs-full_CashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_CashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashAndCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashAndCashEquivalents" xlink:to="lab_ifrs-full_CashAndCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_UndrawnBorrowingFacilitiesOutstanding_01a03970-9f7c-7fb6-a53d-b887df0547a3_terseLabel_en-US" xlink:label="lab_cve_UndrawnBorrowingFacilitiesOutstanding" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Undrawn borrowing facilities, outstanding</link:label>
    <link:label id="lab_cve_UndrawnBorrowingFacilitiesOutstanding_label_en-US" xlink:label="lab_cve_UndrawnBorrowingFacilitiesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Undrawn Borrowing Facilities, Outstanding</link:label>
    <link:label id="lab_cve_UndrawnBorrowingFacilitiesOutstanding_documentation_en-US" xlink:label="lab_cve_UndrawnBorrowingFacilitiesOutstanding" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Undrawn Borrowing Facilities, Outstanding</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_UndrawnBorrowingFacilitiesOutstanding" xlink:href="cve-20260930.xsd#cve_UndrawnBorrowingFacilitiesOutstanding"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_UndrawnBorrowingFacilitiesOutstanding" xlink:to="lab_cve_UndrawnBorrowingFacilitiesOutstanding" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_PurchaseOfExplorationAndEvaluationAssetsAndPropertyPlantAndEquipment_01a03970-a0f5-7ecd-a90c-ef14495d065f_negatedLabel_en-US" xlink:label="lab_cve_PurchaseOfExplorationAndEvaluationAssetsAndPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Capital Investment</link:label>
    <link:label id="lab_cve_PurchaseOfExplorationAndEvaluationAssetsAndPropertyPlantAndEquipment_label_en-US" xlink:label="lab_cve_PurchaseOfExplorationAndEvaluationAssetsAndPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase of exploration and evaluation assets, and property, plant, and equipment</link:label>
    <link:label id="lab_cve_PurchaseOfExplorationAndEvaluationAssetsAndPropertyPlantAndEquipment_documentation_en-US" xlink:label="lab_cve_PurchaseOfExplorationAndEvaluationAssetsAndPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Purchase of exploration and evaluation assets, and property, plant, and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_PurchaseOfExplorationAndEvaluationAssetsAndPropertyPlantAndEquipment" xlink:href="cve-20260930.xsd#cve_PurchaseOfExplorationAndEvaluationAssetsAndPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_PurchaseOfExplorationAndEvaluationAssetsAndPropertyPlantAndEquipment" xlink:to="lab_cve_PurchaseOfExplorationAndEvaluationAssetsAndPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisposalsPropertyPlantAndEquipment_01a03970-a05a-768a-a2ce-de2d58b1e82c_negatedLabel_en-US" xlink:label="lab_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Divestitures</link:label>
    <link:label id="lab_ifrs-full_DisposalsPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disposals, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisposalsPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfMaturityAnalysisForDerivativeFinancialLiabilitiesTable_01a03970-a05a-723e-9e48-330261021b57_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisForDerivativeFinancialLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of maturity analysis for derivative financial liabilities [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfMaturityAnalysisForDerivativeFinancialLiabilitiesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfMaturityAnalysisForDerivativeFinancialLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of maturity analysis for derivative financial liabilities [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfMaturityAnalysisForDerivativeFinancialLiabilitiesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfMaturityAnalysisForDerivativeFinancialLiabilitiesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfMaturityAnalysisForDerivativeFinancialLiabilitiesTable" xlink:to="lab_ifrs-full_DisclosureOfMaturityAnalysisForDerivativeFinancialLiabilitiesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CommonSharesRepurchasedUnderASPP_01a13f2c-100e-7163-9898-6ca249403f45_terseLabel_en-US" xlink:label="lab_cve_CommonSharesRepurchasedUnderASPP" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase of Common Shares Under ASPP</link:label>
    <link:label id="lab_cve_CommonSharesRepurchasedUnderASPP_label_en-US" xlink:label="lab_cve_CommonSharesRepurchasedUnderASPP" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Shares Repurchased, Under ASPP</link:label>
    <link:label id="lab_cve_CommonSharesRepurchasedUnderASPP_documentation_en-US" xlink:label="lab_cve_CommonSharesRepurchasedUnderASPP" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common Shares Repurchased, Under ASPP</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CommonSharesRepurchasedUnderASPP" xlink:href="cve-20260930.xsd#cve_CommonSharesRepurchasedUnderASPP"/>
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    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems_01a03970-a05a-7e90-8c29-a67cb3d57756_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_JointOperationsAxis_01a03970-a0f5-77da-9e27-22cdf76732c4_terseLabel_en-US" xlink:label="lab_ifrs-full_JointOperationsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Joint operations [axis]</link:label>
    <link:label id="lab_ifrs-full_JointOperationsAxis_label_en-US" xlink:label="lab_ifrs-full_JointOperationsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Joint operations [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_JointOperationsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_JointOperationsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_JointOperationsAxis" xlink:to="lab_ifrs-full_JointOperationsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AssetsAbstract_01a03970-a05b-7332-832e-9cc780d30f72_terseLabel_en-US" xlink:label="lab_ifrs-full_AssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets</link:label>
    <link:label id="lab_ifrs-full_AssetsAbstract_label_en-US" xlink:label="lab_ifrs-full_AssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AssetsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AssetsAbstract" xlink:to="lab_ifrs-full_AssetsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DebtDiscountsAndTransactionCosts_01a03970-a05b-77b1-b729-2a4fa3638d7a_negatedLabel_en-US" xlink:label="lab_cve_DebtDiscountsAndTransactionCosts" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Net Debt Premiums (Discounts) and Transaction Costs</link:label>
    <link:label id="lab_cve_DebtDiscountsAndTransactionCosts_label_en-US" xlink:label="lab_cve_DebtDiscountsAndTransactionCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Discounts And Transaction Costs</link:label>
    <link:label id="lab_cve_DebtDiscountsAndTransactionCosts_documentation_en-US" xlink:label="lab_cve_DebtDiscountsAndTransactionCosts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt discounts and transaction costs.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DebtDiscountsAndTransactionCosts" xlink:href="cve-20260930.xsd#cve_DebtDiscountsAndTransactionCosts"/>
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    <link:label id="lab_cve_CommitmentsApprovedAndNotYetInServiceMember_01a03970-a0f5-7245-b4e6-e472e8dd53cf_terseLabel_en-US" xlink:label="lab_cve_CommitmentsApprovedAndNotYetInServiceMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments approved and not yet in service</link:label>
    <link:label id="lab_cve_CommitmentsApprovedAndNotYetInServiceMember_label_en-US" xlink:label="lab_cve_CommitmentsApprovedAndNotYetInServiceMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments approved and not yet in service [Member]</link:label>
    <link:label id="lab_cve_CommitmentsApprovedAndNotYetInServiceMember_documentation_en-US" xlink:label="lab_cve_CommitmentsApprovedAndNotYetInServiceMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commitments approved and not yet in service</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CommitmentsApprovedAndNotYetInServiceMember" xlink:href="cve-20260930.xsd#cve_CommitmentsApprovedAndNotYetInServiceMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CommitmentsApprovedAndNotYetInServiceMember" xlink:to="lab_cve_CommitmentsApprovedAndNotYetInServiceMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendPayables_01a03970-a0f5-7bd7-8d98-46117bdf9913_periodStartLabel_en-US" xlink:label="lab_ifrs-full_DividendPayables" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance. dividend payables</link:label>
    <link:label id="lab_ifrs-full_DividendPayables_01a03970-a0f5-79a9-8c5f-fb832c884e07_periodEndLabel_en-US" xlink:label="lab_ifrs-full_DividendPayables" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance. dividend payables</link:label>
    <link:label id="lab_ifrs-full_DividendPayables_label_en-US" xlink:label="lab_ifrs-full_DividendPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividend payables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendPayables" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendPayables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendPayables" xlink:to="lab_ifrs-full_DividendPayables" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_BasisOfPreparationAndStatementOfComplianceAbstract_label_en-US" xlink:label="lab_cve_BasisOfPreparationAndStatementOfComplianceAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Basis Of Preparation And Statement Of Compliance [Abstract]</link:label>
    <link:label id="lab_cve_BasisOfPreparationAndStatementOfComplianceAbstract_documentation_en-US" xlink:label="lab_cve_BasisOfPreparationAndStatementOfComplianceAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Basis of preparation and statement of compliance.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_BasisOfPreparationAndStatementOfComplianceAbstract" xlink:href="cve-20260930.xsd#cve_BasisOfPreparationAndStatementOfComplianceAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_BasisOfPreparationAndStatementOfComplianceAbstract" xlink:to="lab_cve_BasisOfPreparationAndStatementOfComplianceAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares_01a03970-9f7c-7936-855c-11ef1194c085_terseLabel_en-US" xlink:label="lab_ifrs-full_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares available for future issuance (in shares)</link:label>
    <link:label id="lab_ifrs-full_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares_label_en-US" xlink:label="lab_ifrs-full_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of shares reserved for issue under options and contracts for sale of shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares" xlink:to="lab_ifrs-full_SharesReservedForIssueUnderOptionsAndContractsForSaleOfShares" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_ForeignExchangeGainsLossesAbstract_01a03970-a0f5-7fa1-b170-e66997494144_terseLabel_en-US" xlink:label="lab_cve_ForeignExchangeGainsLossesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign Exchange Gains Losses:</link:label>
    <link:label id="lab_cve_ForeignExchangeGainsLossesAbstract_label_en-US" xlink:label="lab_cve_ForeignExchangeGainsLossesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign Exchange Gains Losses [Abstract]</link:label>
    <link:label id="lab_cve_ForeignExchangeGainsLossesAbstract_documentation_en-US" xlink:label="lab_cve_ForeignExchangeGainsLossesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Foreign exchange gains losses.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ForeignExchangeGainsLossesAbstract" xlink:href="cve-20260930.xsd#cve_ForeignExchangeGainsLossesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ForeignExchangeGainsLossesAbstract" xlink:to="lab_cve_ForeignExchangeGainsLossesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_UpstreamMember_01a03970-a05a-7cd0-ab82-e70980105a33_terseLabel_en-US" xlink:label="lab_cve_UpstreamMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Upstream</link:label>
    <link:label id="lab_cve_UpstreamMember_label_en-US" xlink:label="lab_cve_UpstreamMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Upstream [Member]</link:label>
    <link:label id="lab_cve_UpstreamMember_documentation_en-US" xlink:label="lab_cve_UpstreamMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Upstream.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_UpstreamMember" xlink:href="cve-20260930.xsd#cve_UpstreamMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_UpstreamMember" xlink:to="lab_cve_UpstreamMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_01a03970-a05b-7563-9ade-5ffeb4ad6ae5_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Short-Term and Long-Term Debt</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityAndLiabilities_01a03970-a0f4-7ee2-b572-4659294741ed_totalLabel_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total Liabilities and Equity</link:label>
    <link:label id="lab_ifrs-full_EquityAndLiabilities_label_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity and liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAndLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAndLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAndLiabilities" xlink:to="lab_ifrs-full_EquityAndLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CommittedCreditFacilitiesMaturingNovember102026Member_01a03970-a0f5-7d90-9b0a-5eef5be627c4_terseLabel_en-US" xlink:label="lab_cve_CommittedCreditFacilitiesMaturingNovember102026Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Committed Credit Facilities, Maturing November 10, 2026</link:label>
    <link:label id="lab_cve_CommittedCreditFacilitiesMaturingNovember102026Member_label_en-US" xlink:label="lab_cve_CommittedCreditFacilitiesMaturingNovember102026Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Committed Credit Facilities, Maturing November 10, 2026 [Member]</link:label>
    <link:label id="lab_cve_CommittedCreditFacilitiesMaturingNovember102026Member_documentation_en-US" xlink:label="lab_cve_CommittedCreditFacilitiesMaturingNovember102026Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Committed Credit Facilities, Maturing November 10, 2026</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CommittedCreditFacilitiesMaturingNovember102026Member" xlink:href="cve-20260930.xsd#cve_CommittedCreditFacilitiesMaturingNovember102026Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CommittedCreditFacilitiesMaturingNovember102026Member" xlink:to="lab_cve_CommittedCreditFacilitiesMaturingNovember102026Member" xlink:type="arc" order="1"/>
    <link:label id="lab_country_US_01a03970-a0f5-7058-b67f-f650eb4e6cbd_terseLabel_en-US" xlink:label="lab_country_US" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">United States</link:label>
    <link:label id="lab_country_US_label_en-US" xlink:label="lab_country_US" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">UNITED STATES</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_US" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_US"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_US" xlink:to="lab_country_US" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_01a03970-a05b-7ace-988f-d89ab7525ea8_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange Rate Movements</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through net exchange differences, other provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BusinessCombinationsAxis_01a03970-a05b-754e-a976-c1b4275f093d_terseLabel_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business combinations [axis]</link:label>
    <link:label id="lab_ifrs-full_BusinessCombinationsAxis_label_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business combinations [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BusinessCombinationsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BusinessCombinationsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BusinessCombinationsAxis" xlink:to="lab_ifrs-full_BusinessCombinationsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_TypesOfFinancialInstrumentsAxis_01a03970-9f7c-7829-9197-551748bac43b_terseLabel_en-US" xlink:label="lab_cve_TypesOfFinancialInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types Of Financial Instruments</link:label>
    <link:label id="lab_cve_TypesOfFinancialInstrumentsAxis_label_en-US" xlink:label="lab_cve_TypesOfFinancialInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types Of Financial Instruments [Axis]</link:label>
    <link:label id="lab_cve_TypesOfFinancialInstrumentsAxis_documentation_en-US" xlink:label="lab_cve_TypesOfFinancialInstrumentsAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Types of financial instruments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_TypesOfFinancialInstrumentsAxis" xlink:href="cve-20260930.xsd#cve_TypesOfFinancialInstrumentsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_TypesOfFinancialInstrumentsAxis" xlink:to="lab_cve_TypesOfFinancialInstrumentsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfChangesInExplorationAndEvaluationAssetsExplanatoryTableTextBlock_01a03970-a05b-74df-a28d-0f94d1f24320_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfChangesInExplorationAndEvaluationAssetsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Exploration and Valuation Assets, Net</link:label>
    <link:label id="lab_cve_DisclosureOfChangesInExplorationAndEvaluationAssetsExplanatoryTableTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfChangesInExplorationAndEvaluationAssetsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Changes In Exploration And Evaluation Assets Explanatory [Table Text Block]</link:label>
    <link:label id="lab_cve_DisclosureOfChangesInExplorationAndEvaluationAssetsExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_cve_DisclosureOfChangesInExplorationAndEvaluationAssetsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure &#8203;of changes in exploration&#8203; and &#8203;evaluation &#8203;assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfChangesInExplorationAndEvaluationAssetsExplanatoryTableTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfChangesInExplorationAndEvaluationAssetsExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfChangesInExplorationAndEvaluationAssetsExplanatoryTableTextBlock" xlink:to="lab_cve_DisclosureOfChangesInExplorationAndEvaluationAssetsExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_OtherFinancialPositionsMember_01a03970-a0f5-7fc3-ad14-eb2f9435bf12_terseLabel_en-US" xlink:label="lab_cve_OtherFinancialPositionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other financial positions</link:label>
    <link:label id="lab_cve_OtherFinancialPositionsMember_label_en-US" xlink:label="lab_cve_OtherFinancialPositionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Financial Positions [Member]</link:label>
    <link:label id="lab_cve_OtherFinancialPositionsMember_documentation_en-US" xlink:label="lab_cve_OtherFinancialPositionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other financial positions.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_OtherFinancialPositionsMember" xlink:href="cve-20260930.xsd#cve_OtherFinancialPositionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_OtherFinancialPositionsMember" xlink:to="lab_cve_OtherFinancialPositionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExternalCreditGradesAxis_01a03970-9f7c-7122-9962-79c3138936a7_terseLabel_en-US" xlink:label="lab_ifrs-full_ExternalCreditGradesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">External credit grades [axis]</link:label>
    <link:label id="lab_ifrs-full_ExternalCreditGradesAxis_label_en-US" xlink:label="lab_ifrs-full_ExternalCreditGradesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">External credit grades [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExternalCreditGradesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExternalCreditGradesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExternalCreditGradesAxis" xlink:to="lab_ifrs-full_ExternalCreditGradesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PotentialOrdinaryShareTransactionsMember_01a03970-a05a-7855-b906-13a73fcbc1ec_terseLabel_en-US" xlink:label="lab_ifrs-full_PotentialOrdinaryShareTransactionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Potential ordinary share transactions</link:label>
    <link:label id="lab_ifrs-full_PotentialOrdinaryShareTransactionsMember_label_en-US" xlink:label="lab_ifrs-full_PotentialOrdinaryShareTransactionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Potential ordinary share transactions [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PotentialOrdinaryShareTransactionsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PotentialOrdinaryShareTransactionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PotentialOrdinaryShareTransactionsMember" xlink:to="lab_ifrs-full_PotentialOrdinaryShareTransactionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BusinessCombinationsDomain_01a03970-9f7c-7a5b-9b73-37c2a645cdd0_terseLabel_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Business combinations</link:label>
    <link:label id="lab_ifrs-full_BusinessCombinationsDomain_label_en-US" xlink:label="lab_ifrs-full_BusinessCombinationsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Business combinations [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BusinessCombinationsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BusinessCombinationsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BusinessCombinationsDomain" xlink:to="lab_ifrs-full_BusinessCombinationsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentAssetsAbstract_01a03970-a05b-7e9d-a51e-ff65e5acd3ab_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current Assets</link:label>
    <link:label id="lab_ifrs-full_CurrentAssetsAbstract_label_en-US" xlink:label="lab_ifrs-full_CurrentAssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current assets [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentAssetsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentAssetsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentAssetsAbstract" xlink:to="lab_ifrs-full_CurrentAssetsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_Series1And2FirstPreferredSharesMember_01a07b4e-1ec7-769b-96ec-31b3dcaaa7e4_terseLabel_en-US" xlink:label="lab_cve_Series1And2FirstPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 1 And 2 First Preferred Shares</link:label>
    <link:label id="lab_cve_Series1And2FirstPreferredSharesMember_label_en-US" xlink:label="lab_cve_Series1And2FirstPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 1 And 2 First Preferred Shares [Member]</link:label>
    <link:label id="lab_cve_Series1And2FirstPreferredSharesMember_documentation_en-US" xlink:label="lab_cve_Series1And2FirstPreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 1 And 2 First Preferred Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_Series1And2FirstPreferredSharesMember" xlink:href="cve-20260930.xsd#cve_Series1And2FirstPreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_Series1And2FirstPreferredSharesMember" xlink:to="lab_cve_Series1And2FirstPreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevenueAbstract_01a03970-a05b-7f99-ae20-1e2de3e698cc_terseLabel_en-US" xlink:label="lab_ifrs-full_RevenueAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revenues</link:label>
    <link:label id="lab_ifrs-full_RevenueAbstract_label_en-US" xlink:label="lab_ifrs-full_RevenueAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueAbstract" xlink:to="lab_ifrs-full_RevenueAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems_01a03970-a05b-7d56-beb4-504f30fb3545_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of analysis of single amount of discontinued operations [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of analysis of single amount of discontinued operations [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems" xlink:to="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinanceCostExplanatory_01a03970-a05a-74b7-9202-e3ae3452eca1_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinanceCostExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Finance Cost</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinanceCostExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinanceCostExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of finance cost [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinanceCostExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinanceCostExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinanceCostExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFinanceCostExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems_01a03970-9f7c-72d3-a5aa-6562b93819e5_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of Nature and Extent of Risks Arising from Financial Instruments [Line Items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of nature and extent of risks arising from financial instruments [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems" xlink:to="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_AccumulatedDepreciationRightOfUseAsset_01a03970-a05b-7f0c-8949-ffa5027b2c53_periodStartLabel_en-US" xlink:label="lab_cve_AccumulatedDepreciationRightOfUseAsset" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance at beginning of period</link:label>
    <link:label id="lab_cve_AccumulatedDepreciationRightOfUseAsset_01a03970-a05b-758f-8287-c2d671d97d9a_periodEndLabel_en-US" xlink:label="lab_cve_AccumulatedDepreciationRightOfUseAsset" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance at end of period</link:label>
    <link:label id="lab_cve_AccumulatedDepreciationRightOfUseAsset_label_en-US" xlink:label="lab_cve_AccumulatedDepreciationRightOfUseAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Depreciation Right Of Use Asset</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_AccumulatedDepreciationRightOfUseAsset" xlink:href="cve-20260930.xsd#cve_AccumulatedDepreciationRightOfUseAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_AccumulatedDepreciationRightOfUseAsset" xlink:to="lab_cve_AccumulatedDepreciationRightOfUseAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CurrentJointOperationsReceivables_01a03970-9f7c-7ce4-ba5f-54356ac9c9ba_terseLabel_en-US" xlink:label="lab_cve_CurrentJointOperationsReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Joint Operations Receivables</link:label>
    <link:label id="lab_cve_CurrentJointOperationsReceivables_label_en-US" xlink:label="lab_cve_CurrentJointOperationsReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Joint Operations Receivables</link:label>
    <link:label id="lab_cve_CurrentJointOperationsReceivables_documentation_en-US" xlink:label="lab_cve_CurrentJointOperationsReceivables" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Current joint operations receivables.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CurrentJointOperationsReceivables" xlink:href="cve-20260930.xsd#cve_CurrentJointOperationsReceivables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CurrentJointOperationsReceivables" xlink:to="lab_cve_CurrentJointOperationsReceivables" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GeneralAndAdministrativeExpense_01a03970-a05a-761c-ae45-60d517c3e7de_terseLabel_en-US" xlink:label="lab_ifrs-full_GeneralAndAdministrativeExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">General and Administrative</link:label>
    <link:label id="lab_ifrs-full_GeneralAndAdministrativeExpense_01a03970-a05a-74bc-a49b-75569e5ddb47_totalLabel_en-US" xlink:label="lab_ifrs-full_GeneralAndAdministrativeExpense" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">General and Administrative Expenses</link:label>
    <link:label id="lab_ifrs-full_GeneralAndAdministrativeExpense_label_en-US" xlink:label="lab_ifrs-full_GeneralAndAdministrativeExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">General and administrative expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GeneralAndAdministrativeExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GeneralAndAdministrativeExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GeneralAndAdministrativeExpense" xlink:to="lab_ifrs-full_GeneralAndAdministrativeExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CommonSharesIssuedInAmountUponExpiredOfWarrants_01a05c8f-6e46-7d83-8052-2c6ac729f1f9_terseLabel_en-US" xlink:label="lab_cve_CommonSharesIssuedInAmountUponExpiredOfWarrants" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expired</link:label>
    <link:label id="lab_cve_CommonSharesIssuedInAmountUponExpiredOfWarrants_label_en-US" xlink:label="lab_cve_CommonSharesIssuedInAmountUponExpiredOfWarrants" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Shares Issued In Amount Upon Expired of Warrants</link:label>
    <link:label id="lab_cve_CommonSharesIssuedInAmountUponExpiredOfWarrants_documentation_en-US" xlink:label="lab_cve_CommonSharesIssuedInAmountUponExpiredOfWarrants" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common Shares Issued In Amount Upon Expired of Warrants</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CommonSharesIssuedInAmountUponExpiredOfWarrants" xlink:href="cve-20260930.xsd#cve_CommonSharesIssuedInAmountUponExpiredOfWarrants"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CommonSharesIssuedInAmountUponExpiredOfWarrants" xlink:to="lab_cve_CommonSharesIssuedInAmountUponExpiredOfWarrants" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExplorationAndEvaluationAssetsMember_01a03970-a05a-7569-810d-4f008e3d4371_verboseLabel_en-US" xlink:label="lab_ifrs-full_ExplorationAndEvaluationAssetsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">E&amp;E Assets</link:label>
    <link:label id="lab_ifrs-full_ExplorationAndEvaluationAssetsMember_label_en-US" xlink:label="lab_ifrs-full_ExplorationAndEvaluationAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Exploration and evaluation assets [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExplorationAndEvaluationAssetsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExplorationAndEvaluationAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExplorationAndEvaluationAssetsMember" xlink:to="lab_ifrs-full_ExplorationAndEvaluationAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_ProductsAndServicesDomain_01a03970-a05b-7d29-ba04-d72f013431a2_terseLabel_en-US" xlink:label="lab_srt_ProductsAndServicesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Product and Service [Domain]</link:label>
    <link:label id="lab_srt_ProductsAndServicesDomain_label_en-US" xlink:label="lab_srt_ProductsAndServicesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Product and Service [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ProductsAndServicesDomain" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ProductsAndServicesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ProductsAndServicesDomain" xlink:to="lab_srt_ProductsAndServicesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LongtermBorrowingsMember_01a03970-9f7c-71b8-9c75-962d7f6ae712_verboseLabel_en-US" xlink:label="lab_ifrs-full_LongtermBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">U.S. Dollar Debt</link:label>
    <link:label id="lab_ifrs-full_LongtermBorrowingsMember_01a03970-9f7c-7295-86a9-f565c96b4666_terseLabel_en-US" xlink:label="lab_ifrs-full_LongtermBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-Term Debt</link:label>
    <link:label id="lab_ifrs-full_LongtermBorrowingsMember_label_en-US" xlink:label="lab_ifrs-full_LongtermBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term borrowings [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LongtermBorrowingsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LongtermBorrowingsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LongtermBorrowingsMember" xlink:to="lab_ifrs-full_LongtermBorrowingsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RawMaterialsAndConsumablesUsed_01a03970-9f7c-7c51-92a2-af7f3fd1bee4_verboseLabel_en-US" xlink:label="lab_ifrs-full_RawMaterialsAndConsumablesUsed" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Purchased Product</link:label>
    <link:label id="lab_ifrs-full_RawMaterialsAndConsumablesUsed_label_en-US" xlink:label="lab_ifrs-full_RawMaterialsAndConsumablesUsed" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Raw materials and consumables used</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RawMaterialsAndConsumablesUsed" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RawMaterialsAndConsumablesUsed"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RawMaterialsAndConsumablesUsed" xlink:to="lab_ifrs-full_RawMaterialsAndConsumablesUsed" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_IntersegmentSalesMember_01a03970-a05b-7809-b363-5bd9a98f3440_terseLabel_en-US" xlink:label="lab_cve_IntersegmentSalesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intersegment Sales</link:label>
    <link:label id="lab_cve_IntersegmentSalesMember_label_en-US" xlink:label="lab_cve_IntersegmentSalesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intersegment Sales [Member]</link:label>
    <link:label id="lab_cve_IntersegmentSalesMember_documentation_en-US" xlink:label="lab_cve_IntersegmentSalesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Intersegment Sales</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_IntersegmentSalesMember" xlink:href="cve-20260930.xsd#cve_IntersegmentSalesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_IntersegmentSalesMember" xlink:to="lab_cve_IntersegmentSalesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OilAndGasAssetsMember_01a03970-a0f5-7d98-ae75-28a746f9e270_terseLabel_en-US" xlink:label="lab_ifrs-full_OilAndGasAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Crude Oil and Natural Gas Properties</link:label>
    <link:label id="lab_ifrs-full_OilAndGasAssetsMember_label_en-US" xlink:label="lab_ifrs-full_OilAndGasAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Oil and gas assets [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OilAndGasAssetsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OilAndGasAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OilAndGasAssetsMember" xlink:to="lab_ifrs-full_OilAndGasAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_BorrowingFacilitiesMaximumBorrowingCapacity_01a03970-9f7c-788a-a2d7-7bd0281ca7ad_terseLabel_en-US" xlink:label="lab_cve_BorrowingFacilitiesMaximumBorrowingCapacity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit facilities, maximum borrowing capacity</link:label>
    <link:label id="lab_cve_BorrowingFacilitiesMaximumBorrowingCapacity_label_en-US" xlink:label="lab_cve_BorrowingFacilitiesMaximumBorrowingCapacity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowing Facilities, Maximum Borrowing Capacity</link:label>
    <link:label id="lab_cve_BorrowingFacilitiesMaximumBorrowingCapacity_documentation_en-US" xlink:label="lab_cve_BorrowingFacilitiesMaximumBorrowingCapacity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Borrowing Facilities, Maximum Borrowing Capacity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_BorrowingFacilitiesMaximumBorrowingCapacity" xlink:href="cve-20260930.xsd#cve_BorrowingFacilitiesMaximumBorrowingCapacity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_BorrowingFacilitiesMaximumBorrowingCapacity" xlink:to="lab_cve_BorrowingFacilitiesMaximumBorrowingCapacity" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_JointVenturesDomain_01a03970-a05a-7e30-be10-0a3c48a8b651_terseLabel_en-US" xlink:label="lab_ifrs-full_JointVenturesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Joint ventures</link:label>
    <link:label id="lab_ifrs-full_JointVenturesDomain_label_en-US" xlink:label="lab_ifrs-full_JointVenturesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Joint ventures [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_JointVenturesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_JointVenturesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_JointVenturesDomain" xlink:to="lab_ifrs-full_JointVenturesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_JointOperationsDomain_01a03970-a05b-71b7-90f9-ab6be1745be5_terseLabel_en-US" xlink:label="lab_ifrs-full_JointOperationsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Joint operations</link:label>
    <link:label id="lab_ifrs-full_JointOperationsDomain_label_en-US" xlink:label="lab_ifrs-full_JointOperationsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Joint operations [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_JointOperationsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_JointOperationsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_JointOperationsDomain" xlink:to="lab_ifrs-full_JointOperationsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NumberOfEthanolPlants_01a03970-a0f5-7116-9a14-7d3130e04c89_terseLabel_en-US" xlink:label="lab_cve_NumberOfEthanolPlants" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of ethanol plants</link:label>
    <link:label id="lab_cve_NumberOfEthanolPlants_label_en-US" xlink:label="lab_cve_NumberOfEthanolPlants" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Ethanol Plants</link:label>
    <link:label id="lab_cve_NumberOfEthanolPlants_documentation_en-US" xlink:label="lab_cve_NumberOfEthanolPlants" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Ethanol Plants</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NumberOfEthanolPlants" xlink:href="cve-20260930.xsd#cve_NumberOfEthanolPlants"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NumberOfEthanolPlants" xlink:to="lab_cve_NumberOfEthanolPlants" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureofrelatedpartyAbstract_01a03970-a0f5-72b1-ac2b-177500a16217_terseLabel_en-US" xlink:label="lab_cve_DisclosureofrelatedpartyAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of related party [Abstract]</link:label>
    <link:label id="lab_cve_DisclosureofrelatedpartyAbstract_label_en-US" xlink:label="lab_cve_DisclosureofrelatedpartyAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of related party [Abstract]</link:label>
    <link:label id="lab_cve_DisclosureofrelatedpartyAbstract_documentation_en-US" xlink:label="lab_cve_DisclosureofrelatedpartyAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of related party [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureofrelatedpartyAbstract" xlink:href="cve-20260930.xsd#cve_DisclosureofrelatedpartyAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureofrelatedpartyAbstract" xlink:to="lab_cve_DisclosureofrelatedpartyAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_01a03970-a05a-7e32-8bd8-e9ed62a06a53_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange Rate Movements and Other</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through effect of changes in foreign exchange rates, liabilities arising from financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CrudeOilNaturalGasCondensationAndRefinedProductsMember_01a03970-a05b-7705-afc0-ef6c586b24e0_terseLabel_en-US" xlink:label="lab_cve_CrudeOilNaturalGasCondensationAndRefinedProductsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Crude Oil, Natural Gas, Condensate and Refined Products</link:label>
    <link:label id="lab_cve_CrudeOilNaturalGasCondensationAndRefinedProductsMember_label_en-US" xlink:label="lab_cve_CrudeOilNaturalGasCondensationAndRefinedProductsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Crude Oil, Natural Gas, Condensation, and Refined Products [Member]</link:label>
    <link:label id="lab_cve_CrudeOilNaturalGasCondensationAndRefinedProductsMember_documentation_en-US" xlink:label="lab_cve_CrudeOilNaturalGasCondensationAndRefinedProductsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Crude Oil, Natural Gas, Condensation, and Refined Products</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CrudeOilNaturalGasCondensationAndRefinedProductsMember" xlink:href="cve-20260930.xsd#cve_CrudeOilNaturalGasCondensationAndRefinedProductsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CrudeOilNaturalGasCondensationAndRefinedProductsMember" xlink:to="lab_cve_CrudeOilNaturalGasCondensationAndRefinedProductsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossLineItems_01a03970-a0f5-7346-987d-9fd6cd71f0fb_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of accumulated other comprehensive income loss [line items]</link:label>
    <link:label id="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossLineItems_label_en-US" xlink:label="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Accumulated Other Comprehensive Income Loss [Line Items]</link:label>
    <link:label id="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossLineItems_documentation_en-US" xlink:label="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of accumulated other comprehensive income loss.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossLineItems" xlink:href="cve-20260930.xsd#cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossLineItems" xlink:to="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExpenseArisingFromExplorationForAndEvaluationOfMineralResources_01a03970-a05a-7c30-957d-2f00ba8dd0f1_terseLabel_en-US" xlink:label="lab_ifrs-full_ExpenseArisingFromExplorationForAndEvaluationOfMineralResources" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exploration Expense</link:label>
    <link:label id="lab_ifrs-full_ExpenseArisingFromExplorationForAndEvaluationOfMineralResources_01a03970-a05a-7c4a-834c-13c7d86fb5f8_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_ExpenseArisingFromExplorationForAndEvaluationOfMineralResources" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Write-downs</link:label>
    <link:label id="lab_ifrs-full_ExpenseArisingFromExplorationForAndEvaluationOfMineralResources_label_en-US" xlink:label="lab_ifrs-full_ExpenseArisingFromExplorationForAndEvaluationOfMineralResources" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense arising from exploration for and evaluation of mineral resources</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExpenseArisingFromExplorationForAndEvaluationOfMineralResources" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExpenseArisingFromExplorationForAndEvaluationOfMineralResources"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExpenseArisingFromExplorationForAndEvaluationOfMineralResources" xlink:to="lab_ifrs-full_ExpenseArisingFromExplorationForAndEvaluationOfMineralResources" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_UnrealizedForeignExchangeGainLoss_01a03970-a0f5-7d13-bbaf-19e3e3aa4cbc_negatedLabel_en-US" xlink:label="lab_cve_UnrealizedForeignExchangeGainLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Unrealized Foreign Exchange (Gain) Loss</link:label>
    <link:label id="lab_cve_UnrealizedForeignExchangeGainLoss_label_en-US" xlink:label="lab_cve_UnrealizedForeignExchangeGainLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unrealized Foreign Exchange Gain Loss</link:label>
    <link:label id="lab_cve_UnrealizedForeignExchangeGainLoss_documentation_en-US" xlink:label="lab_cve_UnrealizedForeignExchangeGainLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Unrealized foreign exchange gain loss.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_UnrealizedForeignExchangeGainLoss" xlink:href="cve-20260930.xsd#cve_UnrealizedForeignExchangeGainLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_UnrealizedForeignExchangeGainLoss" xlink:to="lab_cve_UnrealizedForeignExchangeGainLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions_01a03970-a05a-71fa-8b8d-2e6558c9f410_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unwinding of Discount on Decommissioning Liabilities (Note 6)</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase through adjustments arising from passage of time, other provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughTimeValueOfMoneyAdjustmentOtherProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RightOfUseAssetDivestitures_01a03970-a05a-7b6d-a482-012e86304e6f_negatedTerseLabel_en-US" xlink:label="lab_cve_RightOfUseAssetDivestitures" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Divestitures</link:label>
    <link:label id="lab_cve_RightOfUseAssetDivestitures_label_en-US" xlink:label="lab_cve_RightOfUseAssetDivestitures" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Right Of Use Asset, Divestitures</link:label>
    <link:label id="lab_cve_RightOfUseAssetDivestitures_documentation_en-US" xlink:label="lab_cve_RightOfUseAssetDivestitures" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Right Of Use Asset, Divestitures</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RightOfUseAssetDivestitures" xlink:href="cve-20260930.xsd#cve_RightOfUseAssetDivestitures"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RightOfUseAssetDivestitures" xlink:to="lab_cve_RightOfUseAssetDivestitures" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_01a03970-a05b-7e24-b500-c9dfe767610d_terseLabel_en-US" xlink:label="lab_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation, Depletion and Amortization</link:label>
    <link:label id="lab_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, amortisation and impairment loss (reversal of impairment loss) recognised in profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:to="lab_ifrs-full_DepreciationAmortisationAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CorporateAndEliminationsSegmentMember_01a03970-a0f5-73c1-b048-d4a92d57a9a1_terseLabel_en-US" xlink:label="lab_cve_CorporateAndEliminationsSegmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Corporate and Eliminations</link:label>
    <link:label id="lab_cve_CorporateAndEliminationsSegmentMember_01a03970-a0f5-718f-ac95-d0514b688bab_verboseLabel_en-US" xlink:label="lab_cve_CorporateAndEliminationsSegmentMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Corporate and Eliminations</link:label>
    <link:label id="lab_cve_CorporateAndEliminationsSegmentMember_label_en-US" xlink:label="lab_cve_CorporateAndEliminationsSegmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate And Eliminations Segment [Member]</link:label>
    <link:label id="lab_cve_CorporateAndEliminationsSegmentMember_documentation_en-US" xlink:label="lab_cve_CorporateAndEliminationsSegmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Corporate and eliminations segment.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CorporateAndEliminationsSegmentMember" xlink:href="cve-20260930.xsd#cve_CorporateAndEliminationsSegmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CorporateAndEliminationsSegmentMember" xlink:to="lab_cve_CorporateAndEliminationsSegmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_PowerSwapContractsMember_01a03970-a05a-72c3-9639-0fb87fc5b78d_terseLabel_en-US" xlink:label="lab_cve_PowerSwapContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Power Swap Contracts</link:label>
    <link:label id="lab_cve_PowerSwapContractsMember_label_en-US" xlink:label="lab_cve_PowerSwapContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Power Swap Contracts [Member]</link:label>
    <link:label id="lab_cve_PowerSwapContractsMember_documentation_en-US" xlink:label="lab_cve_PowerSwapContractsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Power Swap Contracts</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_PowerSwapContractsMember" xlink:href="cve-20260930.xsd#cve_PowerSwapContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_PowerSwapContractsMember" xlink:to="lab_cve_PowerSwapContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_ExpenseRecoveryFromShareBasedPaymentTransactions_01a155af-c648-7a8d-8e00-08d1dbb3c688_terseLabel_en-US" xlink:label="lab_cve_ExpenseRecoveryFromShareBasedPaymentTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock-Based Compensation Expense (Recovery)</link:label>
    <link:label id="lab_cve_ExpenseRecoveryFromShareBasedPaymentTransactions_label_en-US" xlink:label="lab_cve_ExpenseRecoveryFromShareBasedPaymentTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense Recovery From Share Based Payment Transactions</link:label>
    <link:label id="lab_cve_ExpenseRecoveryFromShareBasedPaymentTransactions_documentation_en-US" xlink:label="lab_cve_ExpenseRecoveryFromShareBasedPaymentTransactions" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Expense (recovery) from share-based payment transactions.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ExpenseRecoveryFromShareBasedPaymentTransactions" xlink:href="cve-20260930.xsd#cve_ExpenseRecoveryFromShareBasedPaymentTransactions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ExpenseRecoveryFromShareBasedPaymentTransactions" xlink:to="lab_cve_ExpenseRecoveryFromShareBasedPaymentTransactions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanFiveYearsMember_01a03970-a0f5-7db1-9d62-26fdc4c1fb42_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Thereafter</link:label>
    <link:label id="lab_ifrs-full_LaterThanFiveYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than five years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanFiveYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanFiveYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanFiveYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_01a03970-a0f5-731d-af61-110275bc4125_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Investing Activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) investing activities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:to="lab_ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForDeferredTaxExpense_01a03970-a05a-7692-ab2a-e9af46042d0e_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred Income Tax Expense (Recovery)</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForDeferredTaxExpense_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for deferred tax expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForDeferredTaxExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:to="lab_ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CommodityPriceRiskMember_01a03970-9f7c-7108-8808-0d749f0a683e_terseLabel_en-US" xlink:label="lab_ifrs-full_CommodityPriceRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commodity price risk</link:label>
    <link:label id="lab_ifrs-full_CommodityPriceRiskMember_label_en-US" xlink:label="lab_ifrs-full_CommodityPriceRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commodity price risk [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CommodityPriceRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CommodityPriceRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CommodityPriceRiskMember" xlink:to="lab_ifrs-full_CommodityPriceRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory_01a03970-a0f5-7194-bbe9-aacb58639177_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">RELATED PARTY TRANSACTIONS</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of related party [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfRelatedPartyExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:to="lab_ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfSupplementaryCashFlowInformationLineItems_01a03970-a05b-7e92-b3ce-b3c3cf53d476_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfSupplementaryCashFlowInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Supplementary Cash Flow Information [Line Items]</link:label>
    <link:label id="lab_cve_DisclosureOfSupplementaryCashFlowInformationLineItems_label_en-US" xlink:label="lab_cve_DisclosureOfSupplementaryCashFlowInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Supplementary Cash Flow Information [Line Items]</link:label>
    <link:label id="lab_cve_DisclosureOfSupplementaryCashFlowInformationLineItems_documentation_en-US" xlink:label="lab_cve_DisclosureOfSupplementaryCashFlowInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Supplementary Cash Flow Information [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfSupplementaryCashFlowInformationLineItems" xlink:href="cve-20260930.xsd#cve_DisclosureOfSupplementaryCashFlowInformationLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfSupplementaryCashFlowInformationLineItems" xlink:to="lab_cve_DisclosureOfSupplementaryCashFlowInformationLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfRecurringFairValueMeasurementOfAssetsAndLiabilitiesLineItems_01a03970-a0f5-76ed-be36-aaa26d563ab9_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfRecurringFairValueMeasurementOfAssetsAndLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Recurring Fair Value Measurement Of Assets And Liabilities [Line Items]</link:label>
    <link:label id="lab_cve_DisclosureOfRecurringFairValueMeasurementOfAssetsAndLiabilitiesLineItems_label_en-US" xlink:label="lab_cve_DisclosureOfRecurringFairValueMeasurementOfAssetsAndLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Recurring Fair Value Measurement Of Assets And Liabilities [Line Items]</link:label>
    <link:label id="lab_cve_DisclosureOfRecurringFairValueMeasurementOfAssetsAndLiabilitiesLineItems_documentation_en-US" xlink:label="lab_cve_DisclosureOfRecurringFairValueMeasurementOfAssetsAndLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of recurring fair value measurement of assets and liabilities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfRecurringFairValueMeasurementOfAssetsAndLiabilitiesLineItems" xlink:href="cve-20260930.xsd#cve_DisclosureOfRecurringFairValueMeasurementOfAssetsAndLiabilitiesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfRecurringFairValueMeasurementOfAssetsAndLiabilitiesLineItems" xlink:to="lab_cve_DisclosureOfRecurringFairValueMeasurementOfAssetsAndLiabilitiesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare_01a03970-9f7c-7bbf-87b0-051e570d15b7_terseLabel_en-US" xlink:label="lab_ifrs-full_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends declared (in CAD per share)</link:label>
    <link:label id="lab_ifrs-full_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare_label_en-US" xlink:label="lab_ifrs-full_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends proposed or declared before financial statements authorised for issue but not recognised as distribution to owners per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare" xlink:to="lab_ifrs-full_DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfReportableSegmentsTable_01a03970-a05b-7f7e-b4e0-23ebb0ddfa35_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfReportableSegmentsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Reportable Segments [Table]</link:label>
    <link:label id="lab_cve_DisclosureOfReportableSegmentsTable_label_en-US" xlink:label="lab_cve_DisclosureOfReportableSegmentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Reportable Segments [Table]</link:label>
    <link:label id="lab_cve_DisclosureOfReportableSegmentsTable_documentation_en-US" xlink:label="lab_cve_DisclosureOfReportableSegmentsTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of reportable segments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfReportableSegmentsTable" xlink:href="cve-20260930.xsd#cve_DisclosureOfReportableSegmentsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfReportableSegmentsTable" xlink:to="lab_cve_DisclosureOfReportableSegmentsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RevenueFromSaleOfGasoline_01a03970-a0f5-765f-91b4-2c5fdf54f5f1_terseLabel_en-US" xlink:label="lab_cve_RevenueFromSaleOfGasoline" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gasoline</link:label>
    <link:label id="lab_cve_RevenueFromSaleOfGasoline_label_en-US" xlink:label="lab_cve_RevenueFromSaleOfGasoline" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue From Sale Of Gasoline</link:label>
    <link:label id="lab_cve_RevenueFromSaleOfGasoline_documentation_en-US" xlink:label="lab_cve_RevenueFromSaleOfGasoline" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue From Sale Of Gasoline</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RevenueFromSaleOfGasoline" xlink:href="cve-20260930.xsd#cve_RevenueFromSaleOfGasoline"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RevenueFromSaleOfGasoline" xlink:to="lab_cve_RevenueFromSaleOfGasoline" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_U.SRefiningMember_01a03970-9f7c-7db3-acb4-a7465d8e546a_terseLabel_en-US" xlink:label="lab_cve_U.SRefiningMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">U.S Refining</link:label>
    <link:label id="lab_cve_U.SRefiningMember_label_en-US" xlink:label="lab_cve_U.SRefiningMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">U.S Refining [Member]</link:label>
    <link:label id="lab_cve_U.SRefiningMember_documentation_en-US" xlink:label="lab_cve_U.SRefiningMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">U.S Refining</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_U.SRefiningMember" xlink:href="cve-20260930.xsd#cve_U.SRefiningMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_U.SRefiningMember" xlink:to="lab_cve_U.SRefiningMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_ConventionalSegmentMember_01a03970-a05a-7379-aab9-3362b5a1b85d_terseLabel_en-US" xlink:label="lab_cve_ConventionalSegmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Conventional</link:label>
    <link:label id="lab_cve_ConventionalSegmentMember_01a03970-a05a-7b30-ac09-9099a2f180ec_verboseLabel_en-US" xlink:label="lab_cve_ConventionalSegmentMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Conventional</link:label>
    <link:label id="lab_cve_ConventionalSegmentMember_label_en-US" xlink:label="lab_cve_ConventionalSegmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Conventional Segment [Member]</link:label>
    <link:label id="lab_cve_ConventionalSegmentMember_documentation_en-US" xlink:label="lab_cve_ConventionalSegmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Conventional.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ConventionalSegmentMember" xlink:href="cve-20260930.xsd#cve_ConventionalSegmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ConventionalSegmentMember" xlink:to="lab_cve_ConventionalSegmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfMaturityAnalysisForDerivativeAndNonDerivativeFinancialLiabilitiesExplanatoryTableTextBlock_01a03970-a0f5-7b6c-b26e-de6fae1fca79_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfMaturityAnalysisForDerivativeAndNonDerivativeFinancialLiabilitiesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Undiscounted Cash Outflows Relating to Financial Liabilities</link:label>
    <link:label id="lab_cve_DisclosureOfMaturityAnalysisForDerivativeAndNonDerivativeFinancialLiabilitiesExplanatoryTableTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfMaturityAnalysisForDerivativeAndNonDerivativeFinancialLiabilitiesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Maturity Analysis For Derivative And Non Derivative Financial Liabilities Explanatory [Table Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfMaturityAnalysisForDerivativeAndNonDerivativeFinancialLiabilitiesExplanatoryTableTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfMaturityAnalysisForDerivativeAndNonDerivativeFinancialLiabilitiesExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfMaturityAnalysisForDerivativeAndNonDerivativeFinancialLiabilitiesExplanatoryTableTextBlock" xlink:to="lab_cve_DisclosureOfMaturityAnalysisForDerivativeAndNonDerivativeFinancialLiabilitiesExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Level3OfFairValueHierarchyMember_01a03970-a0f5-78c1-9557-6837df00033d_verboseLabel_en-US" xlink:label="lab_ifrs-full_Level3OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Level 3 of fair value hierarchy</link:label>
    <link:label id="lab_ifrs-full_Level3OfFairValueHierarchyMember_01a03970-a0f5-7107-a642-f094dbe8214e_terseLabel_en-US" xlink:label="lab_ifrs-full_Level3OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Level 3 of fair value hierarchy</link:label>
    <link:label id="lab_ifrs-full_Level3OfFairValueHierarchyMember_label_en-US" xlink:label="lab_ifrs-full_Level3OfFairValueHierarchyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Level 3 of fair value hierarchy [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Level3OfFairValueHierarchyMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Level3OfFairValueHierarchyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Level3OfFairValueHierarchyMember" xlink:to="lab_ifrs-full_Level3OfFairValueHierarchyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfInstrumentsOrInterestsIssuedOrIssuable_01a03970-a0f5-759c-b325-1c914365b002_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfInstrumentsOrInterestsIssuedOrIssuable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of instruments or interests issued or issuable</link:label>
    <link:label id="lab_ifrs-full_NumberOfInstrumentsOrInterestsIssuedOrIssuable_label_en-US" xlink:label="lab_ifrs-full_NumberOfInstrumentsOrInterestsIssuedOrIssuable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of instruments or interests issued or issuable</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfInstrumentsOrInterestsIssuedOrIssuable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfInstrumentsOrInterestsIssuedOrIssuable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfInstrumentsOrInterestsIssuedOrIssuable" xlink:to="lab_ifrs-full_NumberOfInstrumentsOrInterestsIssuedOrIssuable" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_AtlanticRegionMember_01a03970-a0f5-7984-a9ea-2381a4d0c035_terseLabel_en-US" xlink:label="lab_cve_AtlanticRegionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Atlantic Region</link:label>
    <link:label id="lab_cve_AtlanticRegionMember_label_en-US" xlink:label="lab_cve_AtlanticRegionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Atlantic Region [Member]</link:label>
    <link:label id="lab_cve_AtlanticRegionMember_documentation_en-US" xlink:label="lab_cve_AtlanticRegionMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Atlantic Region</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_AtlanticRegionMember" xlink:href="cve-20260930.xsd#cve_AtlanticRegionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_AtlanticRegionMember" xlink:to="lab_cve_AtlanticRegionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_01a03970-a05b-7fdc-8187-41b5f330014c_terseLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Tax (Expense) Recovery</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income tax relating to components of other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" xlink:to="lab_ifrs-full_IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_01a03970-a05b-72d8-a92f-06693c63b02b_negatedLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">(Gain) Loss on Risk Management</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on change in fair value of derivatives</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:to="lab_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestExpenseOnLeaseLiabilities_01a03970-a0f5-718f-ae97-110d976c19f7_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Expense &#8211; Lease Liabilities (Note 13)</link:label>
    <link:label id="lab_ifrs-full_InterestExpenseOnLeaseLiabilities_label_en-US" xlink:label="lab_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest expense on lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestExpenseOnLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:to="lab_ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RepaymentsOfNoncurrentBorrowings_01a03970-a0f5-7f99-a92d-440551e0599d_negatedLabel_en-US" xlink:label="lab_ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Repayment of Long-Term Debt</link:label>
    <link:label id="lab_ifrs-full_RepaymentsOfNoncurrentBorrowings_label_en-US" xlink:label="lab_ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of non-current borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RepaymentsOfNoncurrentBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RepaymentsOfNoncurrentBorrowings"/>
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    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_01a03970-a05a-7119-a947-224d6e147ae8_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock-Based Compensation Expense</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through share-based payment transactions, equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCosts_01a03970-a0f5-75b1-8515-1cda5c4fad0d_terseLabel_en-US" xlink:label="lab_ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCosts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Decommissioning Liabilities</link:label>
    <link:label id="lab_ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCosts_01a03970-a0f5-70e3-8ee3-300aa684b94d_periodStartLabel_en-US" xlink:label="lab_ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCosts" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCosts_01a03970-a0f5-7ee1-930a-2d93cdc82c66_periodEndLabel_en-US" xlink:label="lab_ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCosts" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:label id="lab_ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCosts_label_en-US" xlink:label="lab_ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision for decommissioning, restoration and rehabilitation costs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCosts" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCosts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCosts" xlink:to="lab_ifrs-full_ProvisionForDecommissioningRestorationAndRehabilitationCosts" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LeaseLiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_LeaseLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lease liabilities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LeaseLiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LeaseLiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LeaseLiabilitiesAbstract" xlink:to="lab_ifrs-full_LeaseLiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable_01a03970-a05b-7b51-aac0-aecc210b930c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:to="lab_ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_01a03970-a05a-76d9-8d76-38debdbf5877_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign Currency Translation Adjustment</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, net of tax, exchange differences on translation of foreign operations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NumberOfOtherEquityInstrumentsExercisedOrVestedInShareBasedPaymentArrangementSettledForCommonShares_01a03970-a05a-7751-b06d-52d3e5e0f533_terseLabel_en-US" xlink:label="lab_cve_NumberOfOtherEquityInstrumentsExercisedOrVestedInShareBasedPaymentArrangementSettledForCommonShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of other equity instruments exercised or vested in share-based payment arrangement, settled for common shares (in shares)</link:label>
    <link:label id="lab_cve_NumberOfOtherEquityInstrumentsExercisedOrVestedInShareBasedPaymentArrangementSettledForCommonShares_label_en-US" xlink:label="lab_cve_NumberOfOtherEquityInstrumentsExercisedOrVestedInShareBasedPaymentArrangementSettledForCommonShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of other equity instruments exercised or vested in share-based payment arrangement, settled for common shares</link:label>
    <link:label id="lab_cve_NumberOfOtherEquityInstrumentsExercisedOrVestedInShareBasedPaymentArrangementSettledForCommonShares_documentation_en-US" xlink:label="lab_cve_NumberOfOtherEquityInstrumentsExercisedOrVestedInShareBasedPaymentArrangementSettledForCommonShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of other equity instruments exercised or vested in share-based payment arrangement, settled for common shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NumberOfOtherEquityInstrumentsExercisedOrVestedInShareBasedPaymentArrangementSettledForCommonShares" xlink:href="cve-20260930.xsd#cve_NumberOfOtherEquityInstrumentsExercisedOrVestedInShareBasedPaymentArrangementSettledForCommonShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NumberOfOtherEquityInstrumentsExercisedOrVestedInShareBasedPaymentArrangementSettledForCommonShares" xlink:to="lab_cve_NumberOfOtherEquityInstrumentsExercisedOrVestedInShareBasedPaymentArrangementSettledForCommonShares" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfBorrowingCostsNetofDiscountPremiumOnRedemptionsTextBlock_01a03970-a0f5-75df-b6e1-9a2b34bb17e8_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfBorrowingCostsNetofDiscountPremiumOnRedemptionsTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finance Costs, Net</link:label>
    <link:label id="lab_cve_DisclosureOfBorrowingCostsNetofDiscountPremiumOnRedemptionsTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfBorrowingCostsNetofDiscountPremiumOnRedemptionsTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Borrowing Costs Netof Discount Premium On Redemptions [Text Block]</link:label>
    <link:label id="lab_cve_DisclosureOfBorrowingCostsNetofDiscountPremiumOnRedemptionsTextBlock_documentation_en-US" xlink:label="lab_cve_DisclosureOfBorrowingCostsNetofDiscountPremiumOnRedemptionsTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of borrowing costs net of (discount) premium on redemptions.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfBorrowingCostsNetofDiscountPremiumOnRedemptionsTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfBorrowingCostsNetofDiscountPremiumOnRedemptionsTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfBorrowingCostsNetofDiscountPremiumOnRedemptionsTextBlock" xlink:to="lab_cve_DisclosureOfBorrowingCostsNetofDiscountPremiumOnRedemptionsTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_WestTexasIntermediateFixedBuyMember_01a03970-a05a-7ac1-bb54-c345288c9a2f_terseLabel_en-US" xlink:label="lab_cve_WestTexasIntermediateFixedBuyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">WTI Fixed - Buy</link:label>
    <link:label id="lab_cve_WestTexasIntermediateFixedBuyMember_label_en-US" xlink:label="lab_cve_WestTexasIntermediateFixedBuyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">West Texas Intermediate Fixed Buy [Member]</link:label>
    <link:label id="lab_cve_WestTexasIntermediateFixedBuyMember_documentation_en-US" xlink:label="lab_cve_WestTexasIntermediateFixedBuyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">West texas intermediate fixed buy.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_WestTexasIntermediateFixedBuyMember" xlink:href="cve-20260930.xsd#cve_WestTexasIntermediateFixedBuyMember"/>
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    <link:label id="lab_cve_RINsIncludedInOtherLiabilitiesGross_01a03970-a05b-7e89-ae8a-ca3d061c5c7e_terseLabel_en-US" xlink:label="lab_cve_RINsIncludedInOtherLiabilitiesGross" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">RINs included in other liabilities, gross</link:label>
    <link:label id="lab_cve_RINsIncludedInOtherLiabilitiesGross_label_en-US" xlink:label="lab_cve_RINsIncludedInOtherLiabilitiesGross" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">RINs Included In Other Liabilities, Gross</link:label>
    <link:label id="lab_cve_RINsIncludedInOtherLiabilitiesGross_documentation_en-US" xlink:label="lab_cve_RINsIncludedInOtherLiabilitiesGross" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">RINs Included In Other Liabilities, Gross</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RINsIncludedInOtherLiabilitiesGross" xlink:href="cve-20260930.xsd#cve_RINsIncludedInOtherLiabilitiesGross"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RINsIncludedInOtherLiabilitiesGross" xlink:to="lab_cve_RINsIncludedInOtherLiabilitiesGross" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_AdjustmentToProfitLossForStockBasedCompensationValue_01a03970-a05b-7040-800b-efdf523561c1_negatedLabel_en-US" xlink:label="lab_cve_AdjustmentToProfitLossForStockBasedCompensationValue" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Effect of Stock-Based Compensation</link:label>
    <link:label id="lab_cve_AdjustmentToProfitLossForStockBasedCompensationValue_label_en-US" xlink:label="lab_cve_AdjustmentToProfitLossForStockBasedCompensationValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustment To Profit (Loss) For Stock Based Compensation, Value</link:label>
    <link:label id="lab_cve_AdjustmentToProfitLossForStockBasedCompensationValue_documentation_en-US" xlink:label="lab_cve_AdjustmentToProfitLossForStockBasedCompensationValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustment To Profit (Loss) For Stock Based Compensation, Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_AdjustmentToProfitLossForStockBasedCompensationValue" xlink:href="cve-20260930.xsd#cve_AdjustmentToProfitLossForStockBasedCompensationValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_AdjustmentToProfitLossForStockBasedCompensationValue" xlink:to="lab_cve_AdjustmentToProfitLossForStockBasedCompensationValue" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends_01a03970-a0f5-77dd-8185-a9eccb49d6b3_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Effect of Cumulative Dividends on Preferred Shares</link:label>
    <link:label id="lab_ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends_label_en-US" xlink:label="lab_ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustment to profit (loss) for preference share dividends</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends" xlink:to="lab_ifrs-full_AdjustmentToProfitLossForPreferenceShareDividends" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_IncreaseDecreaseinWorkingCapitalfromInvestingActivities_01a03970-a0f5-74cc-b9c2-eef69beebc44_terseLabel_en-US" xlink:label="lab_cve_IncreaseDecreaseinWorkingCapitalfromInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Change in Non-Cash Working Capital &#8211; Investing Activities</link:label>
    <link:label id="lab_cve_IncreaseDecreaseinWorkingCapitalfromInvestingActivities_label_en-US" xlink:label="lab_cve_IncreaseDecreaseinWorkingCapitalfromInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Working Capital from Investing Activities</link:label>
    <link:label id="lab_cve_IncreaseDecreaseinWorkingCapitalfromInvestingActivities_documentation_en-US" xlink:label="lab_cve_IncreaseDecreaseinWorkingCapitalfromInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Working Capital from Investing Activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_IncreaseDecreaseinWorkingCapitalfromInvestingActivities" xlink:href="cve-20260930.xsd#cve_IncreaseDecreaseinWorkingCapitalfromInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_IncreaseDecreaseinWorkingCapitalfromInvestingActivities" xlink:to="lab_cve_IncreaseDecreaseinWorkingCapitalfromInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_01a03970-a05b-77bb-8b08-805465455514_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of property, plant and equipment [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of property, plant and equipment [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:to="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_01a03970-a05a-7fbb-8405-f7431c21dffb_negatedLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Foreign Exchange (Gain) Loss, Net</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_01a03970-a05a-7960-9d94-84d03bbb813f_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Foreign Exchange (Gain) Loss, Net</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_01a03970-a05a-7cf1-b809-f11f5460687c_negatedTotalLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Total</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Foreign exchange gain (loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:to="lab_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfAdditionsToNoncurrentAssetsByReportableSegmentsExplanatoryTableTextBlock_01a03970-a05a-7e3b-871e-cfaab11e304f_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfAdditionsToNoncurrentAssetsByReportableSegmentsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Capital Expenditures</link:label>
    <link:label id="lab_cve_DisclosureOfAdditionsToNoncurrentAssetsByReportableSegmentsExplanatoryTableTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfAdditionsToNoncurrentAssetsByReportableSegmentsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Additions To Noncurrent Assets By Reportable Segments Explanatory [Table Text Block]</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfAdditionsToNoncurrentAssetsByReportableSegmentsExplanatoryTableTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfAdditionsToNoncurrentAssetsByReportableSegmentsExplanatoryTableTextBlock"/>
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    <link:label id="lab_ifrs-full_ProceedsFromExerciseOfWarrants_01a03970-a0f5-7776-b69f-ed2f8c99c672_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromExerciseOfWarrants" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds From Exercise of Warrants</link:label>
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    <link:label id="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain_01a03970-a05a-7340-b538-76e3cb88b4cf_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of property, plant and equipment [domain]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfPropertyPlantAndEquipmentDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of property, plant and equipment [domain]</link:label>
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    <link:label id="lab_cve_DisclosureOfSupplementaryCashFlowInformationExplanatoryTextBlock_01a03970-a0f5-7938-8c02-68ca514bf37c_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfSupplementaryCashFlowInformationExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SUPPLEMENTARY CASH FLOW INFORMATION</link:label>
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    <link:label id="lab_cve_WeightedAveragePriceOfFinancialInstrument_label_en-US" xlink:label="lab_cve_WeightedAveragePriceOfFinancialInstrument" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Price Of Financial Instrument</link:label>
    <link:label id="lab_cve_WeightedAveragePriceOfFinancialInstrument_documentation_en-US" xlink:label="lab_cve_WeightedAveragePriceOfFinancialInstrument" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Weighted average price of financial instrument.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_WeightedAveragePriceOfFinancialInstrument" xlink:href="cve-20260930.xsd#cve_WeightedAveragePriceOfFinancialInstrument"/>
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    <link:label id="lab_cve_HuskyMidstreamLimitedPartnershipMember_01a03970-a0f5-7d9f-afb4-8e290a9a6b62_terseLabel_en-US" xlink:label="lab_cve_HuskyMidstreamLimitedPartnershipMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Husky Midstream Limited Partnership</link:label>
    <link:label id="lab_cve_HuskyMidstreamLimitedPartnershipMember_label_en-US" xlink:label="lab_cve_HuskyMidstreamLimitedPartnershipMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Husky Midstream Limited Partnership [Member]</link:label>
    <link:label id="lab_cve_HuskyMidstreamLimitedPartnershipMember_documentation_en-US" xlink:label="lab_cve_HuskyMidstreamLimitedPartnershipMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Husky Midstream Limited Partnership [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_HuskyMidstreamLimitedPartnershipMember" xlink:href="cve-20260930.xsd#cve_HuskyMidstreamLimitedPartnershipMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_HuskyMidstreamLimitedPartnershipMember" xlink:to="lab_cve_HuskyMidstreamLimitedPartnershipMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory_01a03970-a05a-7cad-be41-a7b51a0f9ba0_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts Receivable and Accrued Revenues</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of trade and other receivables [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_USDollarDenominatedUnsecuredNotesMember_01a03970-a05b-71c7-8212-dca7f3c041d1_terseLabel_en-US" xlink:label="lab_cve_USDollarDenominatedUnsecuredNotesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">U.S. Dollar Denominated Unsecured Notes</link:label>
    <link:label id="lab_cve_USDollarDenominatedUnsecuredNotesMember_label_en-US" xlink:label="lab_cve_USDollarDenominatedUnsecuredNotesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">U S Dollar Denominated Unsecured Notes [Member]</link:label>
    <link:label id="lab_cve_USDollarDenominatedUnsecuredNotesMember_documentation_en-US" xlink:label="lab_cve_USDollarDenominatedUnsecuredNotesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">US dollar denominated unsecured notes.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_USDollarDenominatedUnsecuredNotesMember" xlink:href="cve-20260930.xsd#cve_USDollarDenominatedUnsecuredNotesMember"/>
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    <link:label id="lab_cve_CommonSharesIssuedUnderEmployeeBenefitPlan_01a0575d-27a2-7a3d-994f-13b0fb62f50a_terseLabel_en-US" xlink:label="lab_cve_CommonSharesIssuedUnderEmployeeBenefitPlan" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Shares Issued Under Employee Benefit Plan</link:label>
    <link:label id="lab_cve_CommonSharesIssuedUnderEmployeeBenefitPlan_label_en-US" xlink:label="lab_cve_CommonSharesIssuedUnderEmployeeBenefitPlan" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Shares Issued Under Employee Benefit Plan</link:label>
    <link:label id="lab_cve_CommonSharesIssuedUnderEmployeeBenefitPlan_documentation_en-US" xlink:label="lab_cve_CommonSharesIssuedUnderEmployeeBenefitPlan" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common Shares Issued Under Employee Benefit Plan</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CommonSharesIssuedUnderEmployeeBenefitPlan" xlink:href="cve-20260930.xsd#cve_CommonSharesIssuedUnderEmployeeBenefitPlan"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CommonSharesIssuedUnderEmployeeBenefitPlan" xlink:to="lab_cve_CommonSharesIssuedUnderEmployeeBenefitPlan" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_AdjustmentsForIncreaseDecreaseinAccountsPayableAndAccruedLiabilities_01a03970-9f7c-74cb-be61-8877f6491c11_negatedLabel_en-US" xlink:label="lab_cve_AdjustmentsForIncreaseDecreaseinAccountsPayableAndAccruedLiabilities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Accounts Payable and Accrued Liabilities</link:label>
    <link:label id="lab_cve_AdjustmentsForIncreaseDecreaseinAccountsPayableAndAccruedLiabilities_label_en-US" xlink:label="lab_cve_AdjustmentsForIncreaseDecreaseinAccountsPayableAndAccruedLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments For Increase (Decrease) in Accounts Payable And Accrued Liabilities</link:label>
    <link:label id="lab_cve_AdjustmentsForIncreaseDecreaseinAccountsPayableAndAccruedLiabilities_documentation_en-US" xlink:label="lab_cve_AdjustmentsForIncreaseDecreaseinAccountsPayableAndAccruedLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustments For Increase (Decrease) in Accounts Payable And Accrued Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_AdjustmentsForIncreaseDecreaseinAccountsPayableAndAccruedLiabilities" xlink:href="cve-20260930.xsd#cve_AdjustmentsForIncreaseDecreaseinAccountsPayableAndAccruedLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_AdjustmentsForIncreaseDecreaseinAccountsPayableAndAccruedLiabilities" xlink:to="lab_cve_AdjustmentsForIncreaseDecreaseinAccountsPayableAndAccruedLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets_01a03970-a05b-799a-b4ca-d077d16fb594_terseLabel_en-US" xlink:label="lab_cve_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital Investment</link:label>
    <link:label id="lab_cve_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets_label_en-US" xlink:label="lab_cve_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additions Other Than Through Business Combinations Property Plant And Equipment And Exploration And Evaluation Assets</link:label>
    <link:label id="lab_cve_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets_documentation_en-US" xlink:label="lab_cve_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Additions other than through business combinations property plant and equipment and exploration and evaluation assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets" xlink:href="cve-20260930.xsd#cve_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets" xlink:to="lab_cve_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevenueFromSaleOfCrudeOil_01a03970-a0f5-7cf5-8f94-9abe6c3413d9_terseLabel_en-US" xlink:label="lab_ifrs-full_RevenueFromSaleOfCrudeOil" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Crude Oil</link:label>
    <link:label id="lab_ifrs-full_RevenueFromSaleOfCrudeOil_label_en-US" xlink:label="lab_ifrs-full_RevenueFromSaleOfCrudeOil" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from sale of crude oil</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueFromSaleOfCrudeOil" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueFromSaleOfCrudeOil"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueFromSaleOfCrudeOil" xlink:to="lab_ifrs-full_RevenueFromSaleOfCrudeOil" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_01a03970-a05b-7ee0-bd33-f59c9f82e2fa_terseLabel_en-US" xlink:label="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Effect of Foreign Exchange on Cash and Cash Equivalents</link:label>
    <link:label id="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Effect of exchange rate changes on cash and cash equivalents</link:label>
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    <link:label id="lab_cve_SeriesOfShareCapitalSharesAxis_01a03970-a0f4-7128-9410-413030a9200e_terseLabel_en-US" xlink:label="lab_cve_SeriesOfShareCapitalSharesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series Of Share Capital Shares [Axis]</link:label>
    <link:label id="lab_cve_SeriesOfShareCapitalSharesAxis_label_en-US" xlink:label="lab_cve_SeriesOfShareCapitalSharesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series Of Share Capital Shares [Axis]</link:label>
    <link:label id="lab_cve_SeriesOfShareCapitalSharesAxis_documentation_en-US" xlink:label="lab_cve_SeriesOfShareCapitalSharesAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series Of Share Capital Shares [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_SeriesOfShareCapitalSharesAxis" xlink:href="cve-20260930.xsd#cve_SeriesOfShareCapitalSharesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_SeriesOfShareCapitalSharesAxis" xlink:to="lab_cve_SeriesOfShareCapitalSharesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromDisposalOfOilAndGasAssets_01a03970-a05b-79f5-a84f-b44de21ae851_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromDisposalOfOilAndGasAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from disposal of oil and gas assets</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromDisposalOfOilAndGasAssets_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromDisposalOfOilAndGasAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from disposal of oil and gas assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromDisposalOfOilAndGasAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromDisposalOfOilAndGasAssets"/>
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    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities_01a03970-a05b-7718-b4d7-60eb749a5c75_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Cash From (Used in) Operating Activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities_01a03970-a05b-7e54-b3e5-d9041d9e998d_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash From (Used in) Operating Activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) operating activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_FairValueOfDerivativeFinancialInstruments_01a03970-9f7c-72fa-b551-aac712a5927e_terseLabel_en-US" xlink:label="lab_cve_FairValueOfDerivativeFinancialInstruments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair value of derivative financial instruments</link:label>
    <link:label id="lab_cve_FairValueOfDerivativeFinancialInstruments_label_en-US" xlink:label="lab_cve_FairValueOfDerivativeFinancialInstruments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Of Derivative Financial Instruments</link:label>
    <link:label id="lab_cve_FairValueOfDerivativeFinancialInstruments_documentation_en-US" xlink:label="lab_cve_FairValueOfDerivativeFinancialInstruments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair Value Of Derivative Financial Instruments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_FairValueOfDerivativeFinancialInstruments" xlink:href="cve-20260930.xsd#cve_FairValueOfDerivativeFinancialInstruments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_FairValueOfDerivativeFinancialInstruments" xlink:to="lab_cve_FairValueOfDerivativeFinancialInstruments" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems_01a03970-a05b-74df-b895-86f789deb1be_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [Line Items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:to="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems_01a03970-a0f4-72eb-8b66-fa9298855c69_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of contingent liabilities in business combination [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of contingent liabilities in business combination [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems" xlink:to="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_BPCanadaMember_01a03970-a05b-7dc6-866c-3d84bdd3ad00_terseLabel_en-US" xlink:label="lab_cve_BPCanadaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">BP Canada</link:label>
    <link:label id="lab_cve_BPCanadaMember_label_en-US" xlink:label="lab_cve_BPCanadaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">BP Canada [Member]</link:label>
    <link:label id="lab_cve_BPCanadaMember_documentation_en-US" xlink:label="lab_cve_BPCanadaMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">BP Canada</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_BPCanadaMember" xlink:href="cve-20260930.xsd#cve_BPCanadaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_BPCanadaMember" xlink:to="lab_cve_BPCanadaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_IncreaseDecreaseInPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets_01a03970-9f7c-7a78-8fc5-9d589372dca4_terseLabel_en-US" xlink:label="lab_cve_IncreaseDecreaseInPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Capital Expenditures</link:label>
    <link:label id="lab_cve_IncreaseDecreaseInPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets_label_en-US" xlink:label="lab_cve_IncreaseDecreaseInPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in property, plant and equipment, and exploration and evaluation assets</link:label>
    <link:label id="lab_cve_IncreaseDecreaseInPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets_documentation_en-US" xlink:label="lab_cve_IncreaseDecreaseInPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (decrease) in property, plant and equipment, and exploration and evaluation assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_IncreaseDecreaseInPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets" xlink:href="cve-20260930.xsd#cve_IncreaseDecreaseInPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_IncreaseDecreaseInPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets" xlink:to="lab_cve_IncreaseDecreaseInPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory_01a03970-a05b-77a2-b2fa-4edd7eaf2897_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">STOCK-BASED COMPENSATION PLANS</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of share-based payment arrangements [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable_01a03970-a05b-7be8-8919-c0b116e1ec51_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RenewablePowerContractsMember_01a03970-a0f5-7fed-8e79-9d9381a89142_terseLabel_en-US" xlink:label="lab_cve_RenewablePowerContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Renewable Power Contracts</link:label>
    <link:label id="lab_cve_RenewablePowerContractsMember_label_en-US" xlink:label="lab_cve_RenewablePowerContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Renewable Power Contracts [Member]</link:label>
    <link:label id="lab_cve_RenewablePowerContractsMember_documentation_en-US" xlink:label="lab_cve_RenewablePowerContractsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Renewable Power Contracts</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RenewablePowerContractsMember" xlink:href="cve-20260930.xsd#cve_RenewablePowerContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RenewablePowerContractsMember" xlink:to="lab_cve_RenewablePowerContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GeographicalAreasDomain_01a03970-a0f4-77b9-97f1-cd40fa79c369_terseLabel_en-US" xlink:label="lab_ifrs-full_GeographicalAreasDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical areas</link:label>
    <link:label id="lab_ifrs-full_GeographicalAreasDomain_label_en-US" xlink:label="lab_ifrs-full_GeographicalAreasDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical areas [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GeographicalAreasDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GeographicalAreasDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GeographicalAreasDomain" xlink:to="lab_ifrs-full_GeographicalAreasDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_01a03970-a05b-760b-86b2-68ed41122a2d_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(Gain) Loss on Divestiture of Assets</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for losses (gains) on disposal of non-current assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xlink:to="lab_ifrs-full_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RealEstateLeaseMember_01a0581c-ad64-772b-93ac-2f152b44434f_terseLabel_en-US" xlink:label="lab_cve_RealEstateLeaseMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate</link:label>
    <link:label id="lab_cve_RealEstateLeaseMember_label_en-US" xlink:label="lab_cve_RealEstateLeaseMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Lease [Member]</link:label>
    <link:label id="lab_cve_RealEstateLeaseMember_documentation_en-US" xlink:label="lab_cve_RealEstateLeaseMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Real Estate Lease</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RealEstateLeaseMember" xlink:href="cve-20260930.xsd#cve_RealEstateLeaseMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RealEstateLeaseMember" xlink:to="lab_cve_RealEstateLeaseMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RevenueFromSaleOfOtherProductsAndServices_01a03970-a05a-7562-8d87-a797b9f9438b_verboseLabel_en-US" xlink:label="lab_cve_RevenueFromSaleOfOtherProductsAndServices" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other Products and Services</link:label>
    <link:label id="lab_cve_RevenueFromSaleOfOtherProductsAndServices_label_en-US" xlink:label="lab_cve_RevenueFromSaleOfOtherProductsAndServices" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue From Sale Of Other Products And Services</link:label>
    <link:label id="lab_cve_RevenueFromSaleOfOtherProductsAndServices_documentation_en-US" xlink:label="lab_cve_RevenueFromSaleOfOtherProductsAndServices" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue From Sale Of Other Products And Services</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RevenueFromSaleOfOtherProductsAndServices" xlink:href="cve-20260930.xsd#cve_RevenueFromSaleOfOtherProductsAndServices"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RevenueFromSaleOfOtherProductsAndServices" xlink:to="lab_cve_RevenueFromSaleOfOtherProductsAndServices" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentFiscalYearFocus_01a03970-a05a-7250-9b43-56261f01285b_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalYearFocus_label_en-US" xlink:label="lab_dei_DocumentFiscalYearFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Year Focus</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFiscalYearFocus" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalYearFocus"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalYearFocus" xlink:to="lab_dei_DocumentFiscalYearFocus" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentReceivables_01a03970-a05b-7ecd-af68-29f90ea43d86_terseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts Receivable and Accrued Revenues</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentReceivables_01a03970-a05b-7100-968a-6dc1028ee8e6_totalLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Accounts Receivable and Accrued Revenues</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentReceivables_label_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade and other current receivables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeAndOtherCurrentReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherCurrentReceivables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherCurrentReceivables" xlink:to="lab_ifrs-full_TradeAndOtherCurrentReceivables" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_PreferredSharesRedeemed_01a03970-a0f5-78e1-aa2a-71f3385b164c_terseLabel_en-US" xlink:label="lab_cve_PreferredSharesRedeemed" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred Shares Redeemed</link:label>
    <link:label id="lab_cve_PreferredSharesRedeemed_label_en-US" xlink:label="lab_cve_PreferredSharesRedeemed" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Shares Redeemed</link:label>
    <link:label id="lab_cve_PreferredSharesRedeemed_documentation_en-US" xlink:label="lab_cve_PreferredSharesRedeemed" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Preferred Shares Redeemed</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_PreferredSharesRedeemed" xlink:href="cve-20260930.xsd#cve_PreferredSharesRedeemed"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_PreferredSharesRedeemed" xlink:to="lab_cve_PreferredSharesRedeemed" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialRiskManagementExplanatory_01a03970-a0f4-741d-b770-6b841a4f3395_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialRiskManagementExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">RISK MANAGEMENT</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialRiskManagementExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialRiskManagementExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial risk management [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialRiskManagementExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialRiskManagementExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialRiskManagementExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFinancialRiskManagementExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RiskManagementAbstract_label_en-US" xlink:label="lab_cve_RiskManagementAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Risk Management [Abstract]</link:label>
    <link:label id="lab_cve_RiskManagementAbstract_documentation_en-US" xlink:label="lab_cve_RiskManagementAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of derivative financial instruments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RiskManagementAbstract" xlink:href="cve-20260930.xsd#cve_RiskManagementAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RiskManagementAbstract" xlink:to="lab_cve_RiskManagementAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOtherLiabilitiesExplanatory_01a03970-a05b-7523-8613-8a2080b7f92c_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Other Liabilities</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOtherLiabilitiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of other liabilities [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherLiabilitiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherLiabilitiesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherLiabilitiesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOtherLiabilitiesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RevenueFromGrossSales_01a03970-a0f5-7dfa-bd3c-4f6f4b1c980a_terseLabel_en-US" xlink:label="lab_cve_RevenueFromGrossSales" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross Sales</link:label>
    <link:label id="lab_cve_RevenueFromGrossSales_01a03970-a0f5-71fe-93f5-827b4fdd960e_totalLabel_en-US" xlink:label="lab_cve_RevenueFromGrossSales" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Gross Sales</link:label>
    <link:label id="lab_cve_RevenueFromGrossSales_label_en-US" xlink:label="lab_cve_RevenueFromGrossSales" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue From Gross Sales</link:label>
    <link:label id="lab_cve_RevenueFromGrossSales_documentation_en-US" xlink:label="lab_cve_RevenueFromGrossSales" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Income before the deduction of royalty expense.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RevenueFromGrossSales" xlink:href="cve-20260930.xsd#cve_RevenueFromGrossSales"/>
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    <link:label id="lab_cve_AverageCrudeOilPrice_01a03970-a05b-737d-ba48-73bf0dd427c1_terseLabel_en-US" xlink:label="lab_cve_AverageCrudeOilPrice" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Average crude oil price</link:label>
    <link:label id="lab_cve_AverageCrudeOilPrice_label_en-US" xlink:label="lab_cve_AverageCrudeOilPrice" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Average Crude Oil Price</link:label>
    <link:label id="lab_cve_AverageCrudeOilPrice_documentation_en-US" xlink:label="lab_cve_AverageCrudeOilPrice" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Average crude oil price.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_AverageCrudeOilPrice" xlink:href="cve-20260930.xsd#cve_AverageCrudeOilPrice"/>
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    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyAxis_01a03970-a05a-730c-8f1d-49361400ef50_terseLabel_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [axis]</link:label>
    <link:label id="lab_ifrs-full_LevelsOfFairValueHierarchyAxis_label_en-US" xlink:label="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Levels of fair value hierarchy [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LevelsOfFairValueHierarchyAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:to="lab_ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_USManufacturingMember_01a03970-a05a-7fac-88ad-38292d4afcaf_terseLabel_en-US" xlink:label="lab_cve_USManufacturingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">U.S. Refining</link:label>
    <link:label id="lab_cve_USManufacturingMember_label_en-US" xlink:label="lab_cve_USManufacturingMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">U.S Manufacturing [Member]</link:label>
    <link:label id="lab_cve_USManufacturingMember_documentation_en-US" xlink:label="lab_cve_USManufacturingMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">U.S Manufacturing</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_USManufacturingMember" xlink:href="cve-20260930.xsd#cve_USManufacturingMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_USManufacturingMember" xlink:to="lab_cve_USManufacturingMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinanceCosts_01a03970-9f7c-7e4c-a3de-60d3cc44ae38_verboseLabel_en-US" xlink:label="lab_ifrs-full_FinanceCosts" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Finance Costs, Net</link:label>
    <link:label id="lab_ifrs-full_FinanceCosts_01a03970-9f7c-7dfa-afbe-7d96f7406ded_terseLabel_en-US" xlink:label="lab_ifrs-full_FinanceCosts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finance Costs, Net</link:label>
    <link:label id="lab_ifrs-full_FinanceCosts_01a03970-9f7c-74a0-996e-8ab5988f8469_totalLabel_en-US" xlink:label="lab_ifrs-full_FinanceCosts" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Finance costs</link:label>
    <link:label id="lab_ifrs-full_FinanceCosts_label_en-US" xlink:label="lab_ifrs-full_FinanceCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finance costs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinanceCosts" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinanceCosts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinanceCosts" xlink:to="lab_ifrs-full_FinanceCosts" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForIncomeTaxExpense_01a03970-9f7c-79ce-a047-44172ebe6758_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Income Tax Payable</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForIncomeTaxExpense_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for income tax expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForIncomeTaxExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:to="lab_ifrs-full_AdjustmentsForIncomeTaxExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_PreferredSharesPricePerShare_01a03970-a05b-7657-b105-3cc7d7f446d0_terseLabel_en-US" xlink:label="lab_cve_PreferredSharesPricePerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred Shares, Price Per Share</link:label>
    <link:label id="lab_cve_PreferredSharesPricePerShare_label_en-US" xlink:label="lab_cve_PreferredSharesPricePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preferred Shares, Price Per Share</link:label>
    <link:label id="lab_cve_PreferredSharesPricePerShare_documentation_en-US" xlink:label="lab_cve_PreferredSharesPricePerShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Preferred Shares, Price Per Share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_PreferredSharesPricePerShare" xlink:href="cve-20260930.xsd#cve_PreferredSharesPricePerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_PreferredSharesPricePerShare" xlink:to="lab_cve_PreferredSharesPricePerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_01a03970-a0f5-766b-9b4a-afc7da0e3c54_terseLabel_en-US" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisitions</link:label>
    <link:label id="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisitions through business combinations, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfAssetsByReportableSegmentsExplanatoryTableTextBlock_01a03970-a0f5-7cee-ba50-a06d96a058d1_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfAssetsByReportableSegmentsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Assets by Segment</link:label>
    <link:label id="lab_cve_DisclosureOfAssetsByReportableSegmentsExplanatoryTableTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfAssetsByReportableSegmentsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Assets By Reportable Segments Explanatory [Table Text Block]</link:label>
    <link:label id="lab_cve_DisclosureOfAssetsByReportableSegmentsExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_cve_DisclosureOfAssetsByReportableSegmentsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure&#8203; of assets&#8203; by reportable&#8203; segments&#8203;.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfAssetsByReportableSegmentsExplanatoryTableTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfAssetsByReportableSegmentsExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfAssetsByReportableSegmentsExplanatoryTableTextBlock" xlink:to="lab_cve_DisclosureOfAssetsByReportableSegmentsExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NetDebtToAdjustedFundsFlow_01a03970-a0f5-798f-9e32-1b401c95ffd4_terseLabel_en-US" xlink:label="lab_cve_NetDebtToAdjustedFundsFlow" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Debt to Adjusted Funds Flow (times)</link:label>
    <link:label id="lab_cve_NetDebtToAdjustedFundsFlow_label_en-US" xlink:label="lab_cve_NetDebtToAdjustedFundsFlow" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Debt To Adjusted Funds Flow</link:label>
    <link:label id="lab_cve_NetDebtToAdjustedFundsFlow_documentation_en-US" xlink:label="lab_cve_NetDebtToAdjustedFundsFlow" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net Debt To Adjusted Funds Flow</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NetDebtToAdjustedFundsFlow" xlink:href="cve-20260930.xsd#cve_NetDebtToAdjustedFundsFlow"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NetDebtToAdjustedFundsFlow" xlink:to="lab_cve_NetDebtToAdjustedFundsFlow" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_WeightedAverageExercisePriceOfOtherEquityInstrumentsExercisedOrVestedInShareBasedPaymentArrangementSettledForCommonShares_01a03970-9f7c-74f9-971f-d02a3516c70e_terseLabel_en-US" xlink:label="lab_cve_WeightedAverageExercisePriceOfOtherEquityInstrumentsExercisedOrVestedInShareBasedPaymentArrangementSettledForCommonShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average exercise price of other equity instruments exercised or vested in share-based payment arrangement, settled for common shares (in CAD per share)</link:label>
    <link:label id="lab_cve_WeightedAverageExercisePriceOfOtherEquityInstrumentsExercisedOrVestedInShareBasedPaymentArrangementSettledForCommonShares_label_en-US" xlink:label="lab_cve_WeightedAverageExercisePriceOfOtherEquityInstrumentsExercisedOrVestedInShareBasedPaymentArrangementSettledForCommonShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average exercise price of other equity instruments exercised or vested in share-based payment arrangement, settled for common shares</link:label>
    <link:label id="lab_cve_WeightedAverageExercisePriceOfOtherEquityInstrumentsExercisedOrVestedInShareBasedPaymentArrangementSettledForCommonShares_documentation_en-US" xlink:label="lab_cve_WeightedAverageExercisePriceOfOtherEquityInstrumentsExercisedOrVestedInShareBasedPaymentArrangementSettledForCommonShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Weighted average exercise price of other equity instruments exercised or vested in share-based payment arrangement, settled for common shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_WeightedAverageExercisePriceOfOtherEquityInstrumentsExercisedOrVestedInShareBasedPaymentArrangementSettledForCommonShares" xlink:href="cve-20260930.xsd#cve_WeightedAverageExercisePriceOfOtherEquityInstrumentsExercisedOrVestedInShareBasedPaymentArrangementSettledForCommonShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_WeightedAverageExercisePriceOfOtherEquityInstrumentsExercisedOrVestedInShareBasedPaymentArrangementSettledForCommonShares" xlink:to="lab_cve_WeightedAverageExercisePriceOfOtherEquityInstrumentsExercisedOrVestedInShareBasedPaymentArrangementSettledForCommonShares" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_GeneralAndAdministrativeExpenseExplanatoryTextBlock_01a03970-9f7c-707a-b4e8-8ee967c1544c_terseLabel_en-US" xlink:label="lab_cve_GeneralAndAdministrativeExpenseExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">GENERAL AND ADMINISTRATIVE</link:label>
    <link:label id="lab_cve_GeneralAndAdministrativeExpenseExplanatoryTextBlock_label_en-US" xlink:label="lab_cve_GeneralAndAdministrativeExpenseExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">General And Administrative Expense Explanatory [Text Block]</link:label>
    <link:label id="lab_cve_GeneralAndAdministrativeExpenseExplanatoryTextBlock_documentation_en-US" xlink:label="lab_cve_GeneralAndAdministrativeExpenseExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">General and administrative expense.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_GeneralAndAdministrativeExpenseExplanatoryTextBlock" xlink:href="cve-20260930.xsd#cve_GeneralAndAdministrativeExpenseExplanatoryTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_GeneralAndAdministrativeExpenseExplanatoryTextBlock" xlink:to="lab_cve_GeneralAndAdministrativeExpenseExplanatoryTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_ShareRepurchaseProgramReductionToRetainedEarnings_01a03970-a0f5-7b40-9327-8709efaadaff_terseLabel_en-US" xlink:label="lab_cve_ShareRepurchaseProgramReductionToRetainedEarnings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">NCIB, reduction to retained earnings</link:label>
    <link:label id="lab_cve_ShareRepurchaseProgramReductionToRetainedEarnings_label_en-US" xlink:label="lab_cve_ShareRepurchaseProgramReductionToRetainedEarnings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Repurchase Program, Reduction To Retained Earnings</link:label>
    <link:label id="lab_cve_ShareRepurchaseProgramReductionToRetainedEarnings_documentation_en-US" xlink:label="lab_cve_ShareRepurchaseProgramReductionToRetainedEarnings" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Repurchase Program, Reduction To Retained Earnings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ShareRepurchaseProgramReductionToRetainedEarnings" xlink:href="cve-20260930.xsd#cve_ShareRepurchaseProgramReductionToRetainedEarnings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ShareRepurchaseProgramReductionToRetainedEarnings" xlink:to="lab_cve_ShareRepurchaseProgramReductionToRetainedEarnings" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased_01a03970-a05b-7b6c-ad76-4e67e1568259_terseLabel_en-US" xlink:label="lab_srt_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of shares authorized (in shares)</link:label>
    <link:label id="lab_srt_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased_label_en-US" xlink:label="lab_srt_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Repurchase Program, Authorized, Number of Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased" xlink:to="lab_srt_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk_01a03970-a0f5-77df-bfce-99c5b3830e0b_terseLabel_en-US" xlink:label="lab_ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Changes in Inputs to Option Pricing Model, Resulted in Unrealized Gains (Losses) Impacting Earnings Before Income Tax</link:label>
    <link:label id="lab_ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk_label_en-US" xlink:label="lab_ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sensitivity analysis for types of market risk [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SensitivityAnalysisForEachTypeOfMarketRisk"/>
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    <link:label id="lab_ifrs-full_NumberOfSharesIssuedAbstract_01a03970-a0f5-7225-868b-5861dde0dae5_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesIssuedAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of Common Shares</link:label>
    <link:label id="lab_ifrs-full_NumberOfSharesIssuedAbstract_01a03970-a0f5-7cd0-9f3d-1236822761d5_netLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesIssuedAbstract" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Number of Warrants</link:label>
    <link:label id="lab_ifrs-full_NumberOfSharesIssuedAbstract_label_en-US" xlink:label="lab_ifrs-full_NumberOfSharesIssuedAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of shares issued [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfSharesIssuedAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfSharesIssuedAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfSharesIssuedAbstract" xlink:to="lab_ifrs-full_NumberOfSharesIssuedAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_NameOfMajorCustomerDomain_01a03970-a05b-7821-b95c-1ad383e84e1d_terseLabel_en-US" xlink:label="lab_srt_NameOfMajorCustomerDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Customer [Domain]</link:label>
    <link:label id="lab_srt_NameOfMajorCustomerDomain_label_en-US" xlink:label="lab_srt_NameOfMajorCustomerDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Customer [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_NameOfMajorCustomerDomain" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_NameOfMajorCustomerDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_NameOfMajorCustomerDomain" xlink:to="lab_srt_NameOfMajorCustomerDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityCentralIndexKey_01a03970-a05b-7058-b9ca-797f84cae4b6_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCentralIndexKey"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey" xlink:to="lab_dei_EntityCentralIndexKey" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherFinanceCost_01a03970-a05a-7a34-9f32-ae33fbaaf194_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherFinanceCost" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ifrs-full_OtherFinanceCost_label_en-US" xlink:label="lab_ifrs-full_OtherFinanceCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other finance cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherFinanceCost" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherFinanceCost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherFinanceCost" xlink:to="lab_ifrs-full_OtherFinanceCost" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfOutstandingShareOptions_01a03970-a05a-7f9a-b0a5-fe9f38fbaa7e_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfOutstandingShareOptions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of share options, outstanding (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfOutstandingShareOptions_label_en-US" xlink:label="lab_ifrs-full_NumberOfOutstandingShareOptions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of share options outstanding in share-based payment arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfOutstandingShareOptions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfOutstandingShareOptions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfOutstandingShareOptions" xlink:to="lab_ifrs-full_NumberOfOutstandingShareOptions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OrdinarySharesMember_01a03970-a0f5-765c-aba5-8dbb3e3bbe2b_terseLabel_en-US" xlink:label="lab_ifrs-full_OrdinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common shares</link:label>
    <link:label id="lab_ifrs-full_OrdinarySharesMember_label_en-US" xlink:label="lab_ifrs-full_OrdinarySharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Ordinary shares [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OrdinarySharesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OrdinarySharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OrdinarySharesMember" xlink:to="lab_ifrs-full_OrdinarySharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CommonShareWarrantsMember_01a03970-a05b-7611-b2cf-7f6b3a73fc18_terseLabel_en-US" xlink:label="lab_cve_CommonShareWarrantsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Share Warrants</link:label>
    <link:label id="lab_cve_CommonShareWarrantsMember_label_en-US" xlink:label="lab_cve_CommonShareWarrantsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Share Warrants [Member]</link:label>
    <link:label id="lab_cve_CommonShareWarrantsMember_documentation_en-US" xlink:label="lab_cve_CommonShareWarrantsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common Share Warrants</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CommonShareWarrantsMember" xlink:href="cve-20260930.xsd#cve_CommonShareWarrantsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CommonShareWarrantsMember" xlink:to="lab_cve_CommonShareWarrantsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CommitmentsAndContingenciesAbstract_01a03970-a0f5-7949-ac8b-1b975ea6dc62_terseLabel_en-US" xlink:label="lab_cve_CommitmentsAndContingenciesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments And Contingencies [Abstract]</link:label>
    <link:label id="lab_cve_CommitmentsAndContingenciesAbstract_label_en-US" xlink:label="lab_cve_CommitmentsAndContingenciesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments And Contingencies [Abstract]</link:label>
    <link:label id="lab_cve_CommitmentsAndContingenciesAbstract_documentation_en-US" xlink:label="lab_cve_CommitmentsAndContingenciesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Commitments And Contingencies [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CommitmentsAndContingenciesAbstract" xlink:href="cve-20260930.xsd#cve_CommitmentsAndContingenciesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CommitmentsAndContingenciesAbstract" xlink:to="lab_cve_CommitmentsAndContingenciesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination_01a03970-a05a-7738-a5fa-00dea41b6527_terseLabel_en-US" xlink:label="lab_ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transaction costs</link:label>
    <link:label id="lab_ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination_label_en-US" xlink:label="lab_ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisition-related costs for transaction recognised separately from acquisition of assets and assumption of liabilities in business combination</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination" xlink:to="lab_ifrs-full_AcquisitionrelatedCostsForTransactionRecognisedSeparatelyFromAcquisitionOfAssetsAndAssumptionOfLiabilitiesInBusinessCombination" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfEarningsPerShareExplanatory_01a03970-9f7c-7183-9063-8accf3824afe_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">PER SHARE AMOUNTS</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfEarningsPerShareExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of earnings per share [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfEarningsPerShareExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:to="lab_ifrs-full_DisclosureOfEarningsPerShareExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GrossCarryingAmountMember_01a03970-a05b-7283-8a82-89374d10c720_terseLabel_en-US" xlink:label="lab_ifrs-full_GrossCarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">COST</link:label>
    <link:label id="lab_ifrs-full_GrossCarryingAmountMember_label_en-US" xlink:label="lab_ifrs-full_GrossCarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gross carrying amount [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GrossCarryingAmountMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GrossCarryingAmountMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossCarryingAmountMember" xlink:to="lab_ifrs-full_GrossCarryingAmountMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentPayables_01a03970-a0f5-795a-ac66-979baa6c8d1d_terseLabel_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts Payable and Accrued Liabilities</link:label>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentPayables_label_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentPayables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade and other current payables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeAndOtherCurrentPayables" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherCurrentPayables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherCurrentPayables" xlink:to="lab_ifrs-full_TradeAndOtherCurrentPayables" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EquityAndLiabilitiesAbstract_01a03970-a0f4-79ff-bdde-3130de8c616c_terseLabel_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities and Equity</link:label>
    <link:label id="lab_ifrs-full_EquityAndLiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_EquityAndLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity and liabilities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EquityAndLiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EquityAndLiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EquityAndLiabilitiesAbstract" xlink:to="lab_ifrs-full_EquityAndLiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForFinanceCosts_01a03970-9f7c-7669-b3fc-eae93b23b0c2_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForFinanceCosts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unwinding of Discount on Decommissioning Liabilities</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForFinanceCosts_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForFinanceCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for finance costs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForFinanceCosts" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForFinanceCosts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForFinanceCosts" xlink:to="lab_ifrs-full_AdjustmentsForFinanceCosts" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromIssuingShares_01a03970-a05a-726d-b19c-d6981f230ad7_terseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromIssuingShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Shares Issued Under Stock Option Plans</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromIssuingShares_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromIssuingShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from issuing shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromIssuingShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromIssuingShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromIssuingShares" xlink:to="lab_ifrs-full_ProceedsFromIssuingShares" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NotLaterThanOneYearMember_01a03970-a05a-7f08-b9a5-1af303ed5286_verboseLabel_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Less than 1 Year</link:label>
    <link:label id="lab_ifrs-full_NotLaterThanOneYearMember_01a03970-a05a-7059-8142-7ff1bf3ceda6_terseLabel_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Remainder of Year</link:label>
    <link:label id="lab_ifrs-full_NotLaterThanOneYearMember_label_en-US" xlink:label="lab_ifrs-full_NotLaterThanOneYearMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Not later than one year [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NotLaterThanOneYearMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NotLaterThanOneYearMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NotLaterThanOneYearMember" xlink:to="lab_ifrs-full_NotLaterThanOneYearMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfExplorationAndEvaluationAssetsLineItems_01a03970-a0f5-71f8-a933-febc34ea7729_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfExplorationAndEvaluationAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Exploration And Evaluation Assets [Line Items]</link:label>
    <link:label id="lab_cve_DisclosureOfExplorationAndEvaluationAssetsLineItems_label_en-US" xlink:label="lab_cve_DisclosureOfExplorationAndEvaluationAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Exploration And Evaluation Assets [Line Items]</link:label>
    <link:label id="lab_cve_DisclosureOfExplorationAndEvaluationAssetsLineItems_documentation_en-US" xlink:label="lab_cve_DisclosureOfExplorationAndEvaluationAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of exploration and evaluation assets line items.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfExplorationAndEvaluationAssetsLineItems" xlink:href="cve-20260930.xsd#cve_DisclosureOfExplorationAndEvaluationAssetsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfExplorationAndEvaluationAssetsLineItems" xlink:to="lab_cve_DisclosureOfExplorationAndEvaluationAssetsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:to="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_01a03970-a0f5-7663-a8f5-dbdff547f7a0_verboseLabel_en-US" xlink:label="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Additions</link:label>
    <link:label id="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additions other than through business combinations, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInFairValueMeasurementAssets_01a03970-a05b-7172-92e6-d6bf84d9fab1_verboseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInFairValueMeasurementAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Changes in Fair Value</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInFairValueMeasurementAssets_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInFairValueMeasurementAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in fair value measurement, assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInFairValueMeasurementAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInFairValueMeasurementAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInFairValueMeasurementAssets" xlink:to="lab_ifrs-full_IncreaseDecreaseInFairValueMeasurementAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CreditAdjustedRiskFreeRate_01a03970-a05a-7ae8-a949-4faf5b9803a3_terseLabel_en-US" xlink:label="lab_cve_CreditAdjustedRiskFreeRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Credit-adjusted risk-free rate</link:label>
    <link:label id="lab_cve_CreditAdjustedRiskFreeRate_label_en-US" xlink:label="lab_cve_CreditAdjustedRiskFreeRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Credit Adjusted Risk Free Rate</link:label>
    <link:label id="lab_cve_CreditAdjustedRiskFreeRate_documentation_en-US" xlink:label="lab_cve_CreditAdjustedRiskFreeRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Credit adjusted risk free rate.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CreditAdjustedRiskFreeRate" xlink:href="cve-20260930.xsd#cve_CreditAdjustedRiskFreeRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CreditAdjustedRiskFreeRate" xlink:to="lab_cve_CreditAdjustedRiskFreeRate" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeAndOtherCurrentReceivablesAbstract_label_en-US" xlink:label="lab_ifrs-full_TradeAndOtherCurrentReceivablesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade and other current receivables [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeAndOtherCurrentReceivablesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeAndOtherCurrentReceivablesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeAndOtherCurrentReceivablesAbstract" xlink:to="lab_ifrs-full_TradeAndOtherCurrentReceivablesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherCurrentReceivables_01a03970-9f7c-719d-ad68-abed53432fcf_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherCurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_ifrs-full_OtherCurrentReceivables_label_en-US" xlink:label="lab_ifrs-full_OtherCurrentReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other current receivables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherCurrentReceivables" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherCurrentReceivables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherCurrentReceivables" xlink:to="lab_ifrs-full_OtherCurrentReceivables" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_PurchaseOfEquityCommonSharesUnderEmployeeBenefitPlan_01a03970-a0f5-73ea-b2a9-0a822d7b8087_negatedTerseLabel_en-US" xlink:label="lab_cve_PurchaseOfEquityCommonSharesUnderEmployeeBenefitPlan" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Purchase of Common Shares Under Employee Benefit Plan</link:label>
    <link:label id="lab_cve_PurchaseOfEquityCommonSharesUnderEmployeeBenefitPlan_label_en-US" xlink:label="lab_cve_PurchaseOfEquityCommonSharesUnderEmployeeBenefitPlan" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Of Equity, Common Shares Under Employee Benefit Plan</link:label>
    <link:label id="lab_cve_PurchaseOfEquityCommonSharesUnderEmployeeBenefitPlan_documentation_en-US" xlink:label="lab_cve_PurchaseOfEquityCommonSharesUnderEmployeeBenefitPlan" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Purchase Of Equity, Common Shares Under Employee Benefit Plan</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_PurchaseOfEquityCommonSharesUnderEmployeeBenefitPlan" xlink:href="cve-20260930.xsd#cve_PurchaseOfEquityCommonSharesUnderEmployeeBenefitPlan"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_PurchaseOfEquityCommonSharesUnderEmployeeBenefitPlan" xlink:to="lab_cve_PurchaseOfEquityCommonSharesUnderEmployeeBenefitPlan" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_OtherLongTermCommitments_01a03970-a0f5-7087-92c7-9b919ac4b0fa_terseLabel_en-US" xlink:label="lab_cve_OtherLongTermCommitments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Long-Term Commitments</link:label>
    <link:label id="lab_cve_OtherLongTermCommitments_label_en-US" xlink:label="lab_cve_OtherLongTermCommitments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other long term commitments</link:label>
    <link:label id="lab_cve_OtherLongTermCommitments_documentation_en-US" xlink:label="lab_cve_OtherLongTermCommitments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other long term commitments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_OtherLongTermCommitments" xlink:href="cve-20260930.xsd#cve_OtherLongTermCommitments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_OtherLongTermCommitments" xlink:to="lab_cve_OtherLongTermCommitments" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NumberOfCommonSharesPurchasedAndCancelledShares_01a03970-9f7c-7c79-8f9f-0dc8fe577c79_negatedLabel_en-US" xlink:label="lab_cve_NumberOfCommonSharesPurchasedAndCancelledShares" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Preferred shares redeemed (in shares)</link:label>
    <link:label id="lab_cve_NumberOfCommonSharesPurchasedAndCancelledShares_label_en-US" xlink:label="lab_cve_NumberOfCommonSharesPurchasedAndCancelledShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Common Shares Purchased And Cancelled, Shares</link:label>
    <link:label id="lab_cve_NumberOfCommonSharesPurchasedAndCancelledShares_documentation_en-US" xlink:label="lab_cve_NumberOfCommonSharesPurchasedAndCancelledShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Common Shares Purchased And Cancelled, Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NumberOfCommonSharesPurchasedAndCancelledShares" xlink:href="cve-20260930.xsd#cve_NumberOfCommonSharesPurchasedAndCancelledShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NumberOfCommonSharesPurchasedAndCancelledShares" xlink:to="lab_cve_NumberOfCommonSharesPurchasedAndCancelledShares" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LongtermBorrowings_01a03970-a05a-710a-b010-9d3be7a9e70e_terseLabel_en-US" xlink:label="lab_ifrs-full_LongtermBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-Term Debt</link:label>
    <link:label id="lab_ifrs-full_LongtermBorrowings_01a05843-231f-7244-afe8-7362b12146be_verboseLabel_en-US" xlink:label="lab_ifrs-full_LongtermBorrowings" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Long-Term Portion of Long-Term Debt</link:label>
    <link:label id="lab_ifrs-full_LongtermBorrowings_label_en-US" xlink:label="lab_ifrs-full_LongtermBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current portion of non-current borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LongtermBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LongtermBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LongtermBorrowings" xlink:to="lab_ifrs-full_LongtermBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentMember_01a03970-a05a-74b9-9382-9a6627642968_terseLabel_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment</link:label>
    <link:label id="lab_ifrs-full_PropertyPlantAndEquipmentMember_label_en-US" xlink:label="lab_ifrs-full_PropertyPlantAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, plant and equipment [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PropertyPlantAndEquipmentMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PropertyPlantAndEquipmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PropertyPlantAndEquipmentMember" xlink:to="lab_ifrs-full_PropertyPlantAndEquipmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashTransferred_01a057bc-eea2-73bb-85b3-a8a16db0f4a7_terseLabel_en-US" xlink:label="lab_ifrs-full_CashTransferred" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash transferred</link:label>
    <link:label id="lab_ifrs-full_CashTransferred_label_en-US" xlink:label="lab_ifrs-full_CashTransferred" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash transferred</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashTransferred" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashTransferred"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashTransferred" xlink:to="lab_ifrs-full_CashTransferred" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NetDeferredTaxLiabilities_01a03970-a0f5-71b0-a7e3-250e02a841fa_terseLabel_en-US" xlink:label="lab_ifrs-full_NetDeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred Income Taxes</link:label>
    <link:label id="lab_ifrs-full_NetDeferredTaxLiabilities_label_en-US" xlink:label="lab_ifrs-full_NetDeferredTaxLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net deferred tax liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetDeferredTaxLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetDeferredTaxLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetDeferredTaxLiabilities" xlink:to="lab_ifrs-full_NetDeferredTaxLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_01a03970-a05b-771b-97ee-e901e6e96e67_terseLabel_en-US" xlink:label="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Purchase Consideration</link:label>
    <link:label id="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred_label_en-US" xlink:label="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consideration transferred, acquisition-date fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:to="lab_ifrs-full_AcquisitiondateFairValueOfTotalConsiderationTransferred" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfLeasesExplanatory_01a03970-a05b-7f5b-ae04-58fcff8e8e6a_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfLeasesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LEASES</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfLeasesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfLeasesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of leases [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfLeasesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfLeasesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfLeasesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfLeasesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_01a03970-9f7c-7eb9-a277-a026b73c557a_verboseLabel_en-US" xlink:label="lab_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Proceeds on Repurchase Agreements</link:label>
    <link:label id="lab_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from borrowings, classified as financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfMaturityAnalysisForFinancialLiabilitiesLineItems_01a03970-a05b-70f1-83d8-25dd7b576427_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfMaturityAnalysisForFinancialLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of Maturity Analysis for Financial Liabilities [Line Items]</link:label>
    <link:label id="lab_cve_DisclosureOfMaturityAnalysisForFinancialLiabilitiesLineItems_label_en-US" xlink:label="lab_cve_DisclosureOfMaturityAnalysisForFinancialLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Maturity Analysis For Financial Liabilities [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfMaturityAnalysisForFinancialLiabilitiesLineItems" xlink:href="cve-20260930.xsd#cve_DisclosureOfMaturityAnalysisForFinancialLiabilitiesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfMaturityAnalysisForFinancialLiabilitiesLineItems" xlink:to="lab_cve_DisclosureOfMaturityAnalysisForFinancialLiabilitiesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_01a03970-9f7c-79e2-9051-2148bd763bfe_negatedLabel_en-US" xlink:label="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Principal Repayment of Leases</link:label>
    <link:label id="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_01a03970-9f7c-77fe-b503-bae723c0cd3f_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Principal Repayment of Leases</link:label>
    <link:label id="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of lease liabilities, classified as financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_OtherLiabilitiesRenewableVolumeObligationNet_01a03970-a05a-777e-9de8-49e970012f34_terseLabel_en-US" xlink:label="lab_cve_OtherLiabilitiesRenewableVolumeObligationNet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Renewable volume obligation, net</link:label>
    <link:label id="lab_cve_OtherLiabilitiesRenewableVolumeObligationNet_label_en-US" xlink:label="lab_cve_OtherLiabilitiesRenewableVolumeObligationNet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Liabilities, Renewable Volume Obligation, Net</link:label>
    <link:label id="lab_cve_OtherLiabilitiesRenewableVolumeObligationNet_documentation_en-US" xlink:label="lab_cve_OtherLiabilitiesRenewableVolumeObligationNet" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Liabilities, Renewable Volume Obligation, Net</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_OtherLiabilitiesRenewableVolumeObligationNet" xlink:href="cve-20260930.xsd#cve_OtherLiabilitiesRenewableVolumeObligationNet"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_OtherLiabilitiesRenewableVolumeObligationNet" xlink:to="lab_cve_OtherLiabilitiesRenewableVolumeObligationNet" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_MinimumFuturePaymentsCommitmentsAndContingentLiabilitiesTableTextBlock_01a03970-a0f5-7ff2-8d8f-311674e859c9_terseLabel_en-US" xlink:label="lab_cve_MinimumFuturePaymentsCommitmentsAndContingentLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Minimum Future Payments, Commitments And Contingent Liabilities</link:label>
    <link:label id="lab_cve_MinimumFuturePaymentsCommitmentsAndContingentLiabilitiesTableTextBlock_label_en-US" xlink:label="lab_cve_MinimumFuturePaymentsCommitmentsAndContingentLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum Future Payments, Commitments And Contingent Liabilities [Table Text Block]</link:label>
    <link:label id="lab_cve_MinimumFuturePaymentsCommitmentsAndContingentLiabilitiesTableTextBlock_documentation_en-US" xlink:label="lab_cve_MinimumFuturePaymentsCommitmentsAndContingentLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Minimum Future Payments, Commitments And Contingent Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_MinimumFuturePaymentsCommitmentsAndContingentLiabilitiesTableTextBlock" xlink:href="cve-20260930.xsd#cve_MinimumFuturePaymentsCommitmentsAndContingentLiabilitiesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_MinimumFuturePaymentsCommitmentsAndContingentLiabilitiesTableTextBlock" xlink:to="lab_cve_MinimumFuturePaymentsCommitmentsAndContingentLiabilitiesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory_01a03970-a0f5-743e-a035-5656532003ed_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">MEG ENERGY CORP. ACQUISITION</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of business combinations [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBusinessCombinationsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBusinessCombinationsExplanatory"/>
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    <link:label id="lab_dei_EntityRegistrantName_01a03970-a0f5-7606-8eb4-f787d56ec056_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_label_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityRegistrantName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName" xlink:to="lab_dei_EntityRegistrantName" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BasicEarningsLossPerShare_01a03970-a0f5-799e-a47f-4a9af0413362_terseLabel_en-US" xlink:label="lab_ifrs-full_BasicEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net earnings (loss) per share &#8212; basic (CAD per share)</link:label>
    <link:label id="lab_ifrs-full_BasicEarningsLossPerShare_01a03970-a0f5-7518-b3a3-4a445829ccc3_verboseLabel_en-US" xlink:label="lab_ifrs-full_BasicEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net earnings (loss) per common share &#8212; basic (CAD per share)</link:label>
    <link:label id="lab_ifrs-full_BasicEarningsLossPerShare_label_en-US" xlink:label="lab_ifrs-full_BasicEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Basic earnings (loss) per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BasicEarningsLossPerShare" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BasicEarningsLossPerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BasicEarningsLossPerShare" xlink:to="lab_ifrs-full_BasicEarningsLossPerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains_01a03970-a05b-70b5-835a-82cadc37c6a3_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrealized Foreign Exchange (Gain) Loss</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for unrealised foreign exchange losses (gains)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains"/>
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    <link:label id="lab_cve_NetSettlementRightsMember_01a03970-a0f5-770f-80ba-6f5785eb6156_terseLabel_en-US" xlink:label="lab_cve_NetSettlementRightsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock Options With Associated Net Settlement Rights</link:label>
    <link:label id="lab_cve_NetSettlementRightsMember_label_en-US" xlink:label="lab_cve_NetSettlementRightsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Settlement Rights [Member]</link:label>
    <link:label id="lab_cve_NetSettlementRightsMember_documentation_en-US" xlink:label="lab_cve_NetSettlementRightsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net settlement rights.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NetSettlementRightsMember" xlink:href="cve-20260930.xsd#cve_NetSettlementRightsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NetSettlementRightsMember" xlink:to="lab_cve_NetSettlementRightsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable_01a03970-a0f5-77d5-83f2-80339b800c7a_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of risk management strategy related to hedge accounting [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of risk management strategy related to hedge accounting [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:to="lab_ifrs-full_DisclosureOfRiskManagementStrategyRelatedToHedgeAccountingTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfCashFlowsAbstract_label_en-US" xlink:label="lab_ifrs-full_StatementOfCashFlowsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of cash flows [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfCashFlowsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfCashFlowsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfCashFlowsAbstract" xlink:to="lab_ifrs-full_StatementOfCashFlowsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustedWeightedAverageShares_01a03970-a0f5-7d9d-8261-797ff14d0e93_totalLabel_en-US" xlink:label="lab_ifrs-full_AdjustedWeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Diluted &#8211; weighted average number of shares (in shares)</link:label>
    <link:label id="lab_ifrs-full_AdjustedWeightedAverageShares_label_en-US" xlink:label="lab_ifrs-full_AdjustedWeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average number of ordinary shares used in calculating diluted earnings per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustedWeightedAverageShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustedWeightedAverageShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustedWeightedAverageShares" xlink:to="lab_ifrs-full_AdjustedWeightedAverageShares" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RevaluationGainsLosses_01a03970-a0f5-77e5-a8f6-53fa0f3c399d_negatedTerseLabel_en-US" xlink:label="lab_cve_RevaluationGainsLosses" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">(Gain) Loss on Divestiture of Assets</link:label>
    <link:label id="lab_cve_RevaluationGainsLosses_label_en-US" xlink:label="lab_cve_RevaluationGainsLosses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revaluation Gains (Losses)</link:label>
    <link:label id="lab_cve_RevaluationGainsLosses_documentation_en-US" xlink:label="lab_cve_RevaluationGainsLosses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revaluation Gains (Losses)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RevaluationGainsLosses" xlink:href="cve-20260930.xsd#cve_RevaluationGainsLosses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RevaluationGainsLosses" xlink:to="lab_cve_RevaluationGainsLosses" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AccumulatedOtherComprehensiveIncome_01a03970-a0f5-79e9-9266-2ebc50a4893f_periodStartLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_ifrs-full_AccumulatedOtherComprehensiveIncome_01a03970-a0f5-7d88-ab60-614187114a74_periodEndLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:label id="lab_ifrs-full_AccumulatedOtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:to="lab_ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExpenseDueToUnwindingOfDiscountOnProvisions_01a03970-a0f5-782f-ac3a-ea158adc9320_terseLabel_en-US" xlink:label="lab_ifrs-full_ExpenseDueToUnwindingOfDiscountOnProvisions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unwinding of Discount on Decommissioning Liabilities (Note 15)</link:label>
    <link:label id="lab_ifrs-full_ExpenseDueToUnwindingOfDiscountOnProvisions_label_en-US" xlink:label="lab_ifrs-full_ExpenseDueToUnwindingOfDiscountOnProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense arising from passage of time on other provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExpenseDueToUnwindingOfDiscountOnProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExpenseDueToUnwindingOfDiscountOnProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExpenseDueToUnwindingOfDiscountOnProvisions" xlink:to="lab_ifrs-full_ExpenseDueToUnwindingOfDiscountOnProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfOtherEquityInstrumentsExercisableInSharebasedPaymentArrangement_01a03970-a0f5-78cc-83cc-5c4432975ee0_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfOtherEquityInstrumentsExercisableInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of share units, exercisable (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfOtherEquityInstrumentsExercisableInSharebasedPaymentArrangement_label_en-US" xlink:label="lab_ifrs-full_NumberOfOtherEquityInstrumentsExercisableInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of other equity instruments exercisable in share-based payment arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfOtherEquityInstrumentsExercisableInSharebasedPaymentArrangement" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfOtherEquityInstrumentsExercisableInSharebasedPaymentArrangement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfOtherEquityInstrumentsExercisableInSharebasedPaymentArrangement" xlink:to="lab_ifrs-full_NumberOfOtherEquityInstrumentsExercisableInSharebasedPaymentArrangement" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_ExternalSalesMember_01a03970-a05b-7d84-9ca1-97a86fe384f0_terseLabel_en-US" xlink:label="lab_cve_ExternalSalesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">External Sales</link:label>
    <link:label id="lab_cve_ExternalSalesMember_label_en-US" xlink:label="lab_cve_ExternalSalesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">External Sales [Member]</link:label>
    <link:label id="lab_cve_ExternalSalesMember_documentation_en-US" xlink:label="lab_cve_ExternalSalesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">External Sales</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ExternalSalesMember" xlink:href="cve-20260930.xsd#cve_ExternalSalesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ExternalSalesMember" xlink:to="lab_cve_ExternalSalesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossExplanatoryTableTextBlock_01a03970-a05a-7aa8-b005-8568acfbf78d_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Foreign Exchange Gain Loss Net</link:label>
    <link:label id="lab_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossExplanatoryTableTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Effect Of Changes In Foreign Exchange Rates Gain Loss Explanatory [Table Text Block]</link:label>
    <link:label id="lab_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of effect of changes in foreign exchange rates gain loss explanatory.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossExplanatoryTableTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossExplanatoryTableTextBlock" xlink:to="lab_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_GeneralAndAdministrativeExpensesAbstract_label_en-US" xlink:label="lab_cve_GeneralAndAdministrativeExpensesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">General And Administrative Expenses [Abstract]</link:label>
    <link:label id="lab_cve_GeneralAndAdministrativeExpensesAbstract_documentation_en-US" xlink:label="lab_cve_GeneralAndAdministrativeExpensesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">General and administrative expenses.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_GeneralAndAdministrativeExpensesAbstract" xlink:href="cve-20260930.xsd#cve_GeneralAndAdministrativeExpensesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_GeneralAndAdministrativeExpensesAbstract" xlink:to="lab_cve_GeneralAndAdministrativeExpensesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskAxis_01a03970-a05a-7501-b770-dbb8aa47d0b9_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial instruments measured at fair value through profit or loss because credit derivative is used to manage credit risk [axis]</link:label>
    <link:label id="lab_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskAxis_label_en-US" xlink:label="lab_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial instruments measured at fair value through profit or loss because credit derivative is used to manage credit risk [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskAxis" xlink:to="lab_ifrs-full_FinancialInstrumentsMeasuredAtFairValueThroughProfitOrLossBecauseCreditDerivativeIsUsedToManageCreditRiskAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RenewedNCIBMember_01a03970-a0f5-748d-a326-5d04ec8189b5_terseLabel_en-US" xlink:label="lab_cve_RenewedNCIBMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Renewed NCIB</link:label>
    <link:label id="lab_cve_RenewedNCIBMember_label_en-US" xlink:label="lab_cve_RenewedNCIBMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Renewed NCIB [Member]</link:label>
    <link:label id="lab_cve_RenewedNCIBMember_documentation_en-US" xlink:label="lab_cve_RenewedNCIBMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Renewed NCIB</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RenewedNCIBMember" xlink:href="cve-20260930.xsd#cve_RenewedNCIBMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RenewedNCIBMember" xlink:to="lab_cve_RenewedNCIBMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NetDebtToCapitalization_01a03970-a05a-7b3a-b833-58fbed59e9f6_terseLabel_en-US" xlink:label="lab_cve_NetDebtToCapitalization" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Debt to Capitalization (percent)</link:label>
    <link:label id="lab_cve_NetDebtToCapitalization_label_en-US" xlink:label="lab_cve_NetDebtToCapitalization" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Debt To Capitalization</link:label>
    <link:label id="lab_cve_NetDebtToCapitalization_documentation_en-US" xlink:label="lab_cve_NetDebtToCapitalization" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net debt to capitalization.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NetDebtToCapitalization" xlink:href="cve-20260930.xsd#cve_NetDebtToCapitalization"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NetDebtToCapitalization" xlink:to="lab_cve_NetDebtToCapitalization" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_Series2PreferredSharesMember_01a03970-a05b-7657-a0e7-6bd59f4783b9_terseLabel_en-US" xlink:label="lab_cve_Series2PreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 2 First Preferred Shares</link:label>
    <link:label id="lab_cve_Series2PreferredSharesMember_label_en-US" xlink:label="lab_cve_Series2PreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 2 Preferred Shares [Member]</link:label>
    <link:label id="lab_cve_Series2PreferredSharesMember_documentation_en-US" xlink:label="lab_cve_Series2PreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 2 Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_Series2PreferredSharesMember" xlink:href="cve-20260930.xsd#cve_Series2PreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_Series2PreferredSharesMember" xlink:to="lab_cve_Series2PreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents_01a03970-a0f5-704c-8cc7-0914c2e5e0cf_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted Cash</link:label>
    <link:label id="lab_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current restricted cash and cash equivalents</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentRestrictedCashAndCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" xlink:to="lab_ifrs-full_NoncurrentRestrictedCashAndCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncontrollingInterests_01a03970-9f7c-7054-a67e-2d1bd864c73c_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-Controlling Interest</link:label>
    <link:label id="lab_ifrs-full_NoncontrollingInterests_label_en-US" xlink:label="lab_ifrs-full_NoncontrollingInterests" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-controlling interests</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncontrollingInterests" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncontrollingInterests"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncontrollingInterests" xlink:to="lab_ifrs-full_NoncontrollingInterests" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentLiabilitiesAbstract_01a03970-a05b-7159-bb91-42dfbff67203_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current Liabilities</link:label>
    <link:label id="lab_ifrs-full_CurrentLiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_CurrentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current liabilities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentLiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentLiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentLiabilitiesAbstract" xlink:to="lab_ifrs-full_CurrentLiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_PerformanceShareUnitsMember_01a03970-a0f5-75a9-bbe5-f41ee6b86ab0_terseLabel_en-US" xlink:label="lab_cve_PerformanceShareUnitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Performance Share Units</link:label>
    <link:label id="lab_cve_PerformanceShareUnitsMember_label_en-US" xlink:label="lab_cve_PerformanceShareUnitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Performance Share Units [Member]</link:label>
    <link:label id="lab_cve_PerformanceShareUnitsMember_documentation_en-US" xlink:label="lab_cve_PerformanceShareUnitsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Performance share units.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_PerformanceShareUnitsMember" xlink:href="cve-20260930.xsd#cve_PerformanceShareUnitsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_PerformanceShareUnitsMember" xlink:to="lab_cve_PerformanceShareUnitsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_WarrantsMember_01a03970-9f7c-7895-b4db-50e78b203583_terseLabel_en-US" xlink:label="lab_ifrs-full_WarrantsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Warrants</link:label>
    <link:label id="lab_ifrs-full_WarrantsMember_label_en-US" xlink:label="lab_ifrs-full_WarrantsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Warrants [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WarrantsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WarrantsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_WarrantsMember" xlink:to="lab_ifrs-full_WarrantsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_01a03970-a05a-7d12-9f17-0f563a5083dc_terseLabel_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation, Depletion and Amortization</link:label>
    <link:label id="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_label_en-US" xlink:label="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for depreciation and amortisation expense and impairment loss (reversal of impairment loss) recognised in profit or loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:to="lab_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpenseAndImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about financial instruments [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_Series1PreferredSharesMember_01a07b4e-d46f-72fb-b0d5-de3857d1d8e3_terseLabel_en-US" xlink:label="lab_cve_Series1PreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series 1 Preferred Shares</link:label>
    <link:label id="lab_cve_Series1PreferredSharesMember_label_en-US" xlink:label="lab_cve_Series1PreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series 1 Preferred Shares [Member]</link:label>
    <link:label id="lab_cve_Series1PreferredSharesMember_documentation_en-US" xlink:label="lab_cve_Series1PreferredSharesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series 1 Preferred Shares [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_Series1PreferredSharesMember" xlink:href="cve-20260930.xsd#cve_Series1PreferredSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_Series1PreferredSharesMember" xlink:to="lab_cve_Series1PreferredSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_AccumulatedDepreciationMember_01a03970-a0f5-7d28-9298-a0d77328e286_terseLabel_en-US" xlink:label="lab_cve_AccumulatedDepreciationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ACCUMULATED DEPRECIATION</link:label>
    <link:label id="lab_cve_AccumulatedDepreciationMember_label_en-US" xlink:label="lab_cve_AccumulatedDepreciationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Depreciation [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_AccumulatedDepreciationMember" xlink:href="cve-20260930.xsd#cve_AccumulatedDepreciationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_AccumulatedDepreciationMember" xlink:to="lab_cve_AccumulatedDepreciationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems_01a03970-9f7c-7f5e-a4ff-0e6948248a3a_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of assets [Line Items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of fair value measurement of assets [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:to="lab_ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems_01a03970-a05a-7765-945e-c968eb2da2eb_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_AdjustedFundsFlow_01a03970-a05b-7f7a-9445-c4ca654c0242_terseLabel_en-US" xlink:label="lab_cve_AdjustedFundsFlow" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjusted funds flow</link:label>
    <link:label id="lab_cve_AdjustedFundsFlow_label_en-US" xlink:label="lab_cve_AdjustedFundsFlow" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjusted Funds Flow</link:label>
    <link:label id="lab_cve_AdjustedFundsFlow_documentation_en-US" xlink:label="lab_cve_AdjustedFundsFlow" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjusted Funds Flow</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_AdjustedFundsFlow" xlink:href="cve-20260930.xsd#cve_AdjustedFundsFlow"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_AdjustedFundsFlow" xlink:to="lab_cve_AdjustedFundsFlow" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RepurchaseAgreementsPayableRINsMember_01a14515-e6c3-7e61-94fe-b2f9dc958002_terseLabel_en-US" xlink:label="lab_cve_RepurchaseAgreementsPayableRINsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Repurchase Agreements Payable - RINs</link:label>
    <link:label id="lab_cve_RepurchaseAgreementsPayableRINsMember_label_en-US" xlink:label="lab_cve_RepurchaseAgreementsPayableRINsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repurchase Agreements Payable - RINs [Member]</link:label>
    <link:label id="lab_cve_RepurchaseAgreementsPayableRINsMember_documentation_en-US" xlink:label="lab_cve_RepurchaseAgreementsPayableRINsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Repurchase Agreements Payable - RINs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RepurchaseAgreementsPayableRINsMember" xlink:href="cve-20260930.xsd#cve_RepurchaseAgreementsPayableRINsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RepurchaseAgreementsPayableRINsMember" xlink:to="lab_cve_RepurchaseAgreementsPayableRINsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_FinancialInstrumentsNotionalVolume_01a03970-a0f5-7700-ac74-fdcd29e3655c_terseLabel_en-US" xlink:label="lab_cve_FinancialInstrumentsNotionalVolume" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notional Volumes</link:label>
    <link:label id="lab_cve_FinancialInstrumentsNotionalVolume_label_en-US" xlink:label="lab_cve_FinancialInstrumentsNotionalVolume" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Instruments Notional Volume</link:label>
    <link:label id="lab_cve_FinancialInstrumentsNotionalVolume_documentation_en-US" xlink:label="lab_cve_FinancialInstrumentsNotionalVolume" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial&#8203; instruments&#8203;&#8203; notional&#8203; volume.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_FinancialInstrumentsNotionalVolume" xlink:href="cve-20260930.xsd#cve_FinancialInstrumentsNotionalVolume"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_FinancialInstrumentsNotionalVolume" xlink:to="lab_cve_FinancialInstrumentsNotionalVolume" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeAbstract_01a03970-9f7c-780d-9516-6adb9fe6f548_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Net of Tax</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeAbstract_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_SalariesAndBenefits_01a155af-aa36-7930-9c63-85da9424e9ee_terseLabel_en-US" xlink:label="lab_cve_SalariesAndBenefits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Salaries and Benefits</link:label>
    <link:label id="lab_cve_SalariesAndBenefits_label_en-US" xlink:label="lab_cve_SalariesAndBenefits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Salaries and benefits</link:label>
    <link:label id="lab_cve_SalariesAndBenefits_documentation_en-US" xlink:label="lab_cve_SalariesAndBenefits" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Salaries and benefits</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_SalariesAndBenefits" xlink:href="cve-20260930.xsd#cve_SalariesAndBenefits"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_SalariesAndBenefits" xlink:to="lab_cve_SalariesAndBenefits" xlink:type="arc" order="1"/>
    <link:label id="lab_country_CA_01a03970-a0f5-78da-a83a-1f6333b91825_terseLabel_en-US" xlink:label="lab_country_CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Canada</link:label>
    <link:label id="lab_country_CA_label_en-US" xlink:label="lab_country_CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CANADA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_CA" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_CA"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CA" xlink:to="lab_country_CA" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_ShareRepurchaseProgramReductionToContributedSurplusTaxesPaid_01a03970-a0f4-74d8-9204-38aa16d54f12_terseLabel_en-US" xlink:label="lab_cve_ShareRepurchaseProgramReductionToContributedSurplusTaxesPaid" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Taxes paid</link:label>
    <link:label id="lab_cve_ShareRepurchaseProgramReductionToContributedSurplusTaxesPaid_label_en-US" xlink:label="lab_cve_ShareRepurchaseProgramReductionToContributedSurplusTaxesPaid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Repurchase Program, Reduction To Contributed Surplus, Taxes Paid</link:label>
    <link:label id="lab_cve_ShareRepurchaseProgramReductionToContributedSurplusTaxesPaid_documentation_en-US" xlink:label="lab_cve_ShareRepurchaseProgramReductionToContributedSurplusTaxesPaid" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Repurchase Program, Reduction To Contributed Surplus, Taxes Paid</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ShareRepurchaseProgramReductionToContributedSurplusTaxesPaid" xlink:href="cve-20260930.xsd#cve_ShareRepurchaseProgramReductionToContributedSurplusTaxesPaid"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ShareRepurchaseProgramReductionToContributedSurplusTaxesPaid" xlink:to="lab_cve_ShareRepurchaseProgramReductionToContributedSurplusTaxesPaid" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInJointOperation_01a03970-a0f5-7172-bbe9-b8a2d3471b8f_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInJointOperation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in joint operation</link:label>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInJointOperation_label_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInJointOperation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in joint operation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfOwnershipInterestInJointOperation" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProportionOfOwnershipInterestInJointOperation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfOwnershipInterestInJointOperation" xlink:to="lab_ifrs-full_ProportionOfOwnershipInterestInJointOperation" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_PurchaseOfCommonSharesUnderEmployeeBenefitPlan_01a03970-a05b-77dc-80ac-4fcb5c9debb2_negatedTerseLabel_en-US" xlink:label="lab_cve_PurchaseOfCommonSharesUnderEmployeeBenefitPlan" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Purchase of Common Shares Under Employee Benefit Plan</link:label>
    <link:label id="lab_cve_PurchaseOfCommonSharesUnderEmployeeBenefitPlan_label_en-US" xlink:label="lab_cve_PurchaseOfCommonSharesUnderEmployeeBenefitPlan" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchase Of Common Shares Under Employee Benefit Plan</link:label>
    <link:label id="lab_cve_PurchaseOfCommonSharesUnderEmployeeBenefitPlan_documentation_en-US" xlink:label="lab_cve_PurchaseOfCommonSharesUnderEmployeeBenefitPlan" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Purchase Of Common Shares Under Employee Benefit Plan</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_PurchaseOfCommonSharesUnderEmployeeBenefitPlan" xlink:href="cve-20260930.xsd#cve_PurchaseOfCommonSharesUnderEmployeeBenefitPlan"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_PurchaseOfCommonSharesUnderEmployeeBenefitPlan" xlink:to="lab_cve_PurchaseOfCommonSharesUnderEmployeeBenefitPlan" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RealEstateCommitments_01a03970-a05b-7e67-86c7-ce0beaf07ced_terseLabel_en-US" xlink:label="lab_cve_RealEstateCommitments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate</link:label>
    <link:label id="lab_cve_RealEstateCommitments_label_en-US" xlink:label="lab_cve_RealEstateCommitments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Commitments</link:label>
    <link:label id="lab_cve_RealEstateCommitments_documentation_en-US" xlink:label="lab_cve_RealEstateCommitments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Real Estate Commitments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RealEstateCommitments" xlink:href="cve-20260930.xsd#cve_RealEstateCommitments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RealEstateCommitments" xlink:to="lab_cve_RealEstateCommitments" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_FivePointThreeEightPercentageDueJulyFifteenTwoThousandTwentyFiveMember_01a03970-a05b-7a6e-b140-6fc7f989f0e4_terseLabel_en-US" xlink:label="lab_cve_FivePointThreeEightPercentageDueJulyFifteenTwoThousandTwentyFiveMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Five Point Three Eight Percentage Due July 15, 2025</link:label>
    <link:label id="lab_cve_FivePointThreeEightPercentageDueJulyFifteenTwoThousandTwentyFiveMember_label_en-US" xlink:label="lab_cve_FivePointThreeEightPercentageDueJulyFifteenTwoThousandTwentyFiveMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Five Point Three Eight Percentage Due July Fifteen Two Thousand Twenty Five [Member]</link:label>
    <link:label id="lab_cve_FivePointThreeEightPercentageDueJulyFifteenTwoThousandTwentyFiveMember_documentation_en-US" xlink:label="lab_cve_FivePointThreeEightPercentageDueJulyFifteenTwoThousandTwentyFiveMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">5.38% due July 15, 2025.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_FivePointThreeEightPercentageDueJulyFifteenTwoThousandTwentyFiveMember" xlink:href="cve-20260930.xsd#cve_FivePointThreeEightPercentageDueJulyFifteenTwoThousandTwentyFiveMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_FivePointThreeEightPercentageDueJulyFifteenTwoThousandTwentyFiveMember" xlink:to="lab_cve_FivePointThreeEightPercentageDueJulyFifteenTwoThousandTwentyFiveMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows_01a03970-a0f4-797f-a3cd-7970b7a04903_terseLabel_en-US" xlink:label="lab_ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial instruments</link:label>
    <link:label id="lab_ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows_label_en-US" xlink:label="lab_ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-derivative financial liabilities, undiscounted cash flows</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:to="lab_ifrs-full_NonderivativeFinancialLiabilitiesUndiscountedCashFlows" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_ValueOfSharesIssuedAbstract_01a03970-a05a-7293-a267-17e09a179f95_terseLabel_en-US" xlink:label="lab_cve_ValueOfSharesIssuedAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount</link:label>
    <link:label id="lab_cve_ValueOfSharesIssuedAbstract_label_en-US" xlink:label="lab_cve_ValueOfSharesIssuedAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Value of shares issued [Abstract]</link:label>
    <link:label id="lab_cve_ValueOfSharesIssuedAbstract_documentation_en-US" xlink:label="lab_cve_ValueOfSharesIssuedAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Value of shares issued</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ValueOfSharesIssuedAbstract" xlink:href="cve-20260930.xsd#cve_ValueOfSharesIssuedAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ValueOfSharesIssuedAbstract" xlink:to="lab_cve_ValueOfSharesIssuedAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfShareCapitalDomain_01a03970-9f7c-7331-945c-ceb91667c3c3_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of share capital</link:label>
    <link:label id="lab_ifrs-full_ClassesOfShareCapitalDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfShareCapitalDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of share capital [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfShareCapitalDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfShareCapitalDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfShareCapitalDomain" xlink:to="lab_ifrs-full_ClassesOfShareCapitalDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CanadianManufacturingMember_01a03970-a0f5-765e-a027-8cf04a5ad370_terseLabel_en-US" xlink:label="lab_cve_CanadianManufacturingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Canadian Refining</link:label>
    <link:label id="lab_cve_CanadianManufacturingMember_label_en-US" xlink:label="lab_cve_CanadianManufacturingMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Canadian Manufacturing [Member]</link:label>
    <link:label id="lab_cve_CanadianManufacturingMember_documentation_en-US" xlink:label="lab_cve_CanadianManufacturingMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Canadian Manufacturing</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CanadianManufacturingMember" xlink:href="cve-20260930.xsd#cve_CanadianManufacturingMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CanadianManufacturingMember" xlink:to="lab_cve_CanadianManufacturingMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NumberOfCommonSharesMarketPurchaseAmount_01a03970-9f7c-7921-85f5-2b74d6c9efc3_terseLabel_en-US" xlink:label="lab_cve_NumberOfCommonSharesMarketPurchaseAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchased Under Employee Benefit Plan</link:label>
    <link:label id="lab_cve_NumberOfCommonSharesMarketPurchaseAmount_label_en-US" xlink:label="lab_cve_NumberOfCommonSharesMarketPurchaseAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Common Shares, Market Purchase, Amount</link:label>
    <link:label id="lab_cve_NumberOfCommonSharesMarketPurchaseAmount_documentation_en-US" xlink:label="lab_cve_NumberOfCommonSharesMarketPurchaseAmount" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Common Shares, Market Purchase, Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NumberOfCommonSharesMarketPurchaseAmount" xlink:href="cve-20260930.xsd#cve_NumberOfCommonSharesMarketPurchaseAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NumberOfCommonSharesMarketPurchaseAmount" xlink:to="lab_cve_NumberOfCommonSharesMarketPurchaseAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_country_CN_01a03970-a05b-79af-8c12-183a7b3594eb_terseLabel_en-US" xlink:label="lab_country_CN" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">China</link:label>
    <link:label id="lab_country_CN_label_en-US" xlink:label="lab_country_CN" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">CHINA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_CN" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_CN"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CN" xlink:to="lab_country_CN" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossExplanatoryTableTextBlock_01a03970-a0f5-7e90-af54-24e3d83a3454_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Accumulated Other Comprehensive Income (Loss)</link:label>
    <link:label id="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossExplanatoryTableTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Accumulated Other Comprehensive Income Loss Explanatory [Table Text Block]</link:label>
    <link:label id="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of accumulated other comprehensive income loss.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossExplanatoryTableTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossExplanatoryTableTextBlock" xlink:to="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MiscellaneousNoncurrentLiabilitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_MiscellaneousNoncurrentLiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Miscellaneous non-current liabilities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MiscellaneousNoncurrentLiabilitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MiscellaneousNoncurrentLiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MiscellaneousNoncurrentLiabilitiesAbstract" xlink:to="lab_ifrs-full_MiscellaneousNoncurrentLiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory_01a03970-a0f5-7373-9255-2ec9f684859d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Summary of General and Administrative Expenses</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of general and administrative expense [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:to="lab_ifrs-full_DisclosureOfGeneralAndAdministrativeExpenseExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_IntegrationCosts_01a03970-a05b-7079-a299-ef6121109c95_terseLabel_en-US" xlink:label="lab_cve_IntegrationCosts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Integration, Transaction and Other Costs</link:label>
    <link:label id="lab_cve_IntegrationCosts_label_en-US" xlink:label="lab_cve_IntegrationCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Integration costs</link:label>
    <link:label id="lab_cve_IntegrationCosts_documentation_en-US" xlink:label="lab_cve_IntegrationCosts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Integration costs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_IntegrationCosts" xlink:href="cve-20260930.xsd#cve_IntegrationCosts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_IntegrationCosts" xlink:to="lab_cve_IntegrationCosts" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AdditionsToRightofuseAssets_01a03970-a0f5-7584-be4a-33356bbf943e_terseLabel_en-US" xlink:label="lab_ifrs-full_AdditionsToRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions</link:label>
    <link:label id="lab_ifrs-full_AdditionsToRightofuseAssets_label_en-US" xlink:label="lab_ifrs-full_AdditionsToRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additions to right-of-use assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AdditionsToRightofuseAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AdditionsToRightofuseAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AdditionsToRightofuseAssets" xlink:to="lab_ifrs-full_AdditionsToRightofuseAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOtherProvisionsExplanatory_01a03970-a0f5-70a1-98d8-20098d161a5d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Decommissioning Provision</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOtherProvisionsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of other provisions [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherProvisionsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfOtherProvisionsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_01a03970-a0f5-7b2a-9142-529830f387bc_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Acquisitions, Net of Cash Acquired</link:label>
    <link:label id="lab_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_01a03970-a0f5-7147-b424-16814fa10c36_negatedLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Acquisition</link:label>
    <link:label id="lab_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows used in obtaining control of subsidiaries or other businesses, classified as investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:to="lab_ifrs-full_CashFlowsUsedInObtainingControlOfSubsidiariesOrOtherBusinessesClassifiedAsInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CommitmentsInRelationToJointVentures_01a03970-9f7c-7c39-aee4-b4b805b48825_netLabel_en-US" xlink:label="lab_ifrs-full_CommitmentsInRelationToJointVentures" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Obligation to Fund HCML</link:label>
    <link:label id="lab_ifrs-full_CommitmentsInRelationToJointVentures_label_en-US" xlink:label="lab_ifrs-full_CommitmentsInRelationToJointVentures" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments in relation to joint ventures</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CommitmentsInRelationToJointVentures" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CommitmentsInRelationToJointVentures"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CommitmentsInRelationToJointVentures" xlink:to="lab_ifrs-full_CommitmentsInRelationToJointVentures" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTax_01a03970-a05a-74d8-934f-9e9ad1d9f71d_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Before Tax</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeBeforeTax_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income, before tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncomeBeforeTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncomeBeforeTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncomeBeforeTax" xlink:to="lab_ifrs-full_OtherComprehensiveIncomeBeforeTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DilutiveEffectOfContingentlyIssuableSharesOnWeightedAverageNumberOfOrdinaryShares_01a03970-a05a-7833-b2c9-d0bee24d6033_terseLabel_en-US" xlink:label="lab_ifrs-full_DilutiveEffectOfContingentlyIssuableSharesOnWeightedAverageNumberOfOrdinaryShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dilutive effect for stock based compensation (in shares)</link:label>
    <link:label id="lab_ifrs-full_DilutiveEffectOfContingentlyIssuableSharesOnWeightedAverageNumberOfOrdinaryShares_label_en-US" xlink:label="lab_ifrs-full_DilutiveEffectOfContingentlyIssuableSharesOnWeightedAverageNumberOfOrdinaryShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dilutive effect of contingently issuable shares on weighted average number of ordinary shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DilutiveEffectOfContingentlyIssuableSharesOnWeightedAverageNumberOfOrdinaryShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DilutiveEffectOfContingentlyIssuableSharesOnWeightedAverageNumberOfOrdinaryShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DilutiveEffectOfContingentlyIssuableSharesOnWeightedAverageNumberOfOrdinaryShares" xlink:to="lab_ifrs-full_DilutiveEffectOfContingentlyIssuableSharesOnWeightedAverageNumberOfOrdinaryShares" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory_01a03970-a0f5-779f-a1d4-3312c0b73267_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of analysis of other comprehensive income by item [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory" xlink:to="lab_ifrs-full_DisclosureOfAnalysisOfOtherComprehensiveIncomeByItemExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossAbstract_label_en-US" xlink:label="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Accumulated Other Comprehensive Income Loss [Abstract]</link:label>
    <link:label id="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossAbstract_documentation_en-US" xlink:label="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of accumulated other comprehensive income loss.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossAbstract" xlink:href="cve-20260930.xsd#cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossAbstract" xlink:to="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_WestTexasIntermediateFixedSellMember_01a03970-a0f5-7df0-9895-6f5af37bc0e7_terseLabel_en-US" xlink:label="lab_cve_WestTexasIntermediateFixedSellMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">WTI Fixed - Sell</link:label>
    <link:label id="lab_cve_WestTexasIntermediateFixedSellMember_label_en-US" xlink:label="lab_cve_WestTexasIntermediateFixedSellMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">West Texas Intermediate Fixed Sell [Member]</link:label>
    <link:label id="lab_cve_WestTexasIntermediateFixedSellMember_documentation_en-US" xlink:label="lab_cve_WestTexasIntermediateFixedSellMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">West texas intermediate fixed sell.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_WestTexasIntermediateFixedSellMember" xlink:href="cve-20260930.xsd#cve_WestTexasIntermediateFixedSellMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_WestTexasIntermediateFixedSellMember" xlink:to="lab_cve_WestTexasIntermediateFixedSellMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashOutflowForLeases_01a03970-a0f5-748b-ab86-3e9bb0f11db3_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_CashOutflowForLeases" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Lease Payments</link:label>
    <link:label id="lab_ifrs-full_CashOutflowForLeases_label_en-US" xlink:label="lab_ifrs-full_CashOutflowForLeases" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash outflow for leases</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashOutflowForLeases" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashOutflowForLeases"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashOutflowForLeases" xlink:to="lab_ifrs-full_CashOutflowForLeases" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_OtherInternationalMember_01a03970-a0f5-7b5e-af89-6dc4e9e14856_terseLabel_en-US" xlink:label="lab_cve_OtherInternationalMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other International</link:label>
    <link:label id="lab_cve_OtherInternationalMember_label_en-US" xlink:label="lab_cve_OtherInternationalMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other International [Member]</link:label>
    <link:label id="lab_cve_OtherInternationalMember_documentation_en-US" xlink:label="lab_cve_OtherInternationalMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other International</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_OtherInternationalMember" xlink:href="cve-20260930.xsd#cve_OtherInternationalMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_OtherInternationalMember" xlink:to="lab_cve_OtherInternationalMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfSupplementaryCashFlowInformationAbstract_label_en-US" xlink:label="lab_cve_DisclosureOfSupplementaryCashFlowInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Supplementary Cash Flow Information [Abstract]</link:label>
    <link:label id="lab_cve_DisclosureOfSupplementaryCashFlowInformationAbstract_documentation_en-US" xlink:label="lab_cve_DisclosureOfSupplementaryCashFlowInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of supplementary cash flow information abstract.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfSupplementaryCashFlowInformationAbstract" xlink:href="cve-20260930.xsd#cve_DisclosureOfSupplementaryCashFlowInformationAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfSupplementaryCashFlowInformationAbstract" xlink:to="lab_cve_DisclosureOfSupplementaryCashFlowInformationAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_OthersMember_01a03970-a05b-7191-b919-5bd5a87182bc_terseLabel_en-US" xlink:label="lab_cve_OthersMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_cve_OthersMember_label_en-US" xlink:label="lab_cve_OthersMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Others [Member]</link:label>
    <link:label id="lab_cve_OthersMember_documentation_en-US" xlink:label="lab_cve_OthersMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Others.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_OthersMember" xlink:href="cve-20260930.xsd#cve_OthersMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_OthersMember" xlink:to="lab_cve_OthersMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of contingent liabilities in business combination [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationAbstract" xlink:to="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfBorrowingsAndCapitalStructureExplanatoryTextBlock_01a03970-9f7c-7876-836a-29a8a24bc353_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfBorrowingsAndCapitalStructureExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">DEBT AND CAPITAL STRUCTURE</link:label>
    <link:label id="lab_cve_DisclosureOfBorrowingsAndCapitalStructureExplanatoryTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfBorrowingsAndCapitalStructureExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Borrowings And Capital Structure Explanatory [Text Block]</link:label>
    <link:label id="lab_cve_DisclosureOfBorrowingsAndCapitalStructureExplanatoryTextBlock_documentation_en-US" xlink:label="lab_cve_DisclosureOfBorrowingsAndCapitalStructureExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The entire disclosure of borrowings and capital structure.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfBorrowingsAndCapitalStructureExplanatoryTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfBorrowingsAndCapitalStructureExplanatoryTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfBorrowingsAndCapitalStructureExplanatoryTextBlock" xlink:to="lab_cve_DisclosureOfBorrowingsAndCapitalStructureExplanatoryTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LeaseLiabilities_01a03970-a0f5-72ba-bf9f-e8c02c111bc7_terseLabel_en-US" xlink:label="lab_ifrs-full_LeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease liabilities</link:label>
    <link:label id="lab_ifrs-full_LeaseLiabilities_01a03970-a0f5-77e1-b89e-750f52087428_periodStartLabel_en-US" xlink:label="lab_ifrs-full_LeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance, lease liabilities</link:label>
    <link:label id="lab_ifrs-full_LeaseLiabilities_01a03970-a0f5-7997-a2dd-f0191f823f74_periodEndLabel_en-US" xlink:label="lab_ifrs-full_LeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance, lease liabilities</link:label>
    <link:label id="lab_ifrs-full_LeaseLiabilities_label_en-US" xlink:label="lab_ifrs-full_LeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LeaseLiabilities" xlink:to="lab_ifrs-full_LeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_IncreaseDecreaseThroughForeignExchangeAndOtherMovementsAssets_01a03970-a0f5-7ab3-b13d-b408038044b0_terseLabel_en-US" xlink:label="lab_cve_IncreaseDecreaseThroughForeignExchangeAndOtherMovementsAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange Rate Movements and Other</link:label>
    <link:label id="lab_cve_IncreaseDecreaseThroughForeignExchangeAndOtherMovementsAssets_label_en-US" xlink:label="lab_cve_IncreaseDecreaseThroughForeignExchangeAndOtherMovementsAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase Decrease Through Foreign Exchange And Other Movements Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_IncreaseDecreaseThroughForeignExchangeAndOtherMovementsAssets" xlink:href="cve-20260930.xsd#cve_IncreaseDecreaseThroughForeignExchangeAndOtherMovementsAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_IncreaseDecreaseThroughForeignExchangeAndOtherMovementsAssets" xlink:to="lab_cve_IncreaseDecreaseThroughForeignExchangeAndOtherMovementsAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities_01a03970-a05a-7628-98ab-620316b2e1f7_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Finance and Transaction Costs</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through other changes, liabilities arising from financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughOtherChangesLiabilitiesArisingFromFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings_01a03970-a05a-70a6-8c42-5aec4c1037b4_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Issuance (Repayment) of Short-Term Borrowings</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) increase (decrease) in current borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" xlink:to="lab_ifrs-full_CashFlowsFromUsedInIncreaseDecreaseInCurrentBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfFinancialLiabilitiesAxis_01a03970-a05a-7b24-bbc0-08f5e1eb6a34_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of financial liabilities [axis]</link:label>
    <link:label id="lab_ifrs-full_TypesOfFinancialLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfFinancialLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of financial liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfFinancialLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfFinancialLiabilitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfFinancialLiabilitiesAxis" xlink:to="lab_ifrs-full_TypesOfFinancialLiabilitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_ShareRepurchaseByPlanAxis_01a03970-a0f5-7aa5-a694-0f9fbc961b35_terseLabel_en-US" xlink:label="lab_cve_ShareRepurchaseByPlanAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share Repurchase, By Plan [Axis]</link:label>
    <link:label id="lab_cve_ShareRepurchaseByPlanAxis_label_en-US" xlink:label="lab_cve_ShareRepurchaseByPlanAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Repurchase, By Plan [Axis]</link:label>
    <link:label id="lab_cve_ShareRepurchaseByPlanAxis_documentation_en-US" xlink:label="lab_cve_ShareRepurchaseByPlanAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Repurchase, By Plan</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ShareRepurchaseByPlanAxis" xlink:href="cve-20260930.xsd#cve_ShareRepurchaseByPlanAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ShareRepurchaseByPlanAxis" xlink:to="lab_cve_ShareRepurchaseByPlanAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DividendsPayableMember_01a03970-a05b-76ab-9261-139e04ba45ea_terseLabel_en-US" xlink:label="lab_cve_DividendsPayableMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends Payable</link:label>
    <link:label id="lab_cve_DividendsPayableMember_label_en-US" xlink:label="lab_cve_DividendsPayableMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends Payable [Member]</link:label>
    <link:label id="lab_cve_DividendsPayableMember_documentation_en-US" xlink:label="lab_cve_DividendsPayableMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dividends payable.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DividendsPayableMember" xlink:href="cve-20260930.xsd#cve_DividendsPayableMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DividendsPayableMember" xlink:to="lab_cve_DividendsPayableMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CrudeOilContractsMember_01a03970-a05b-714e-996a-71b0df840c66_terseLabel_en-US" xlink:label="lab_cve_CrudeOilContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Crude Oil Contracts</link:label>
    <link:label id="lab_cve_CrudeOilContractsMember_label_en-US" xlink:label="lab_cve_CrudeOilContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Crude Oil Contracts [Member]</link:label>
    <link:label id="lab_cve_CrudeOilContractsMember_documentation_en-US" xlink:label="lab_cve_CrudeOilContractsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Crude oil contracts.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CrudeOilContractsMember" xlink:href="cve-20260930.xsd#cve_CrudeOilContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CrudeOilContractsMember" xlink:to="lab_cve_CrudeOilContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RetailAndOtherAssetsMember_01a03970-a0f5-7403-b283-a51dd6ff8641_terseLabel_en-US" xlink:label="lab_cve_RetailAndOtherAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Assets</link:label>
    <link:label id="lab_cve_RetailAndOtherAssetsMember_label_en-US" xlink:label="lab_cve_RetailAndOtherAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retail And Other Assets [Member]</link:label>
    <link:label id="lab_cve_RetailAndOtherAssetsMember_documentation_en-US" xlink:label="lab_cve_RetailAndOtherAssetsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Retail And Other Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RetailAndOtherAssetsMember" xlink:href="cve-20260930.xsd#cve_RetailAndOtherAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RetailAndOtherAssetsMember" xlink:to="lab_cve_RetailAndOtherAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchasesFairValueMeasurementAssets_01a03970-a0f5-7463-8d15-b7e49efb8bc2_terseLabel_en-US" xlink:label="lab_ifrs-full_PurchasesFairValueMeasurementAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisitions</link:label>
    <link:label id="lab_ifrs-full_PurchasesFairValueMeasurementAssets_label_en-US" xlink:label="lab_ifrs-full_PurchasesFairValueMeasurementAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchases, fair value measurement, assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchasesFairValueMeasurementAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchasesFairValueMeasurementAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchasesFairValueMeasurementAssets" xlink:to="lab_ifrs-full_PurchasesFairValueMeasurementAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_MajorComponentsOfTaxExpenseIncomeLineItems_01a03970-a05a-7a3e-948e-5ab1be0d6874_terseLabel_en-US" xlink:label="lab_cve_MajorComponentsOfTaxExpenseIncomeLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Major Components Of Tax Expense Income [Line Items]</link:label>
    <link:label id="lab_cve_MajorComponentsOfTaxExpenseIncomeLineItems_label_en-US" xlink:label="lab_cve_MajorComponentsOfTaxExpenseIncomeLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Major Components Of Tax Expense Income [Line Items]</link:label>
    <link:label id="lab_cve_MajorComponentsOfTaxExpenseIncomeLineItems_documentation_en-US" xlink:label="lab_cve_MajorComponentsOfTaxExpenseIncomeLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Major components of tax expense income.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_MajorComponentsOfTaxExpenseIncomeLineItems" xlink:href="cve-20260930.xsd#cve_MajorComponentsOfTaxExpenseIncomeLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_MajorComponentsOfTaxExpenseIncomeLineItems" xlink:to="lab_cve_MajorComponentsOfTaxExpenseIncomeLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects_01a03970-a05b-754c-b934-0248f6910f70_totalLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net Earnings (Loss) &#8211; Diluted</link:label>
    <link:label id="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects_label_en-US" xlink:label="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss), attributable to ordinary equity holders of parent entity, used in calculating diluted earnings per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:to="lab_ifrs-full_ProfitLossAttributableToOrdinaryEquityHoldersOfParentEntityIncludingDilutiveEffects" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Liabilities_01a03970-9f7c-77f8-9779-7c24eb3b49c0_totalLabel_en-US" xlink:label="lab_ifrs-full_Liabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total Liabilities</link:label>
    <link:label id="lab_ifrs-full_Liabilities_label_en-US" xlink:label="lab_ifrs-full_Liabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Liabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Liabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Liabilities" xlink:to="lab_ifrs-full_Liabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_LeaseAddition_01a03970-a0f5-7b86-936f-b4a728dbe79b_terseLabel_en-US" xlink:label="lab_cve_LeaseAddition" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions</link:label>
    <link:label id="lab_cve_LeaseAddition_01a03970-a0f5-76ec-90df-41a851d63df5_verboseLabel_en-US" xlink:label="lab_cve_LeaseAddition" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Lease Additions</link:label>
    <link:label id="lab_cve_LeaseAddition_label_en-US" xlink:label="lab_cve_LeaseAddition" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lease Addition</link:label>
    <link:label id="lab_cve_LeaseAddition_documentation_en-US" xlink:label="lab_cve_LeaseAddition" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Lease addition.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_LeaseAddition" xlink:href="cve-20260930.xsd#cve_LeaseAddition"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_LeaseAddition" xlink:to="lab_cve_LeaseAddition" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IssuedCapital_01a03970-a05a-77d6-a120-660c4d64f77b_periodStartLabel_en-US" xlink:label="lab_ifrs-full_IssuedCapital" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Outstanding, Beginning of Year</link:label>
    <link:label id="lab_ifrs-full_IssuedCapital_01a03970-a05a-70c1-bcf9-a0eca034bc51_periodEndLabel_en-US" xlink:label="lab_ifrs-full_IssuedCapital" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Outstanding, End of Period</link:label>
    <link:label id="lab_ifrs-full_IssuedCapital_label_en-US" xlink:label="lab_ifrs-full_IssuedCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Issued capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IssuedCapital" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IssuedCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IssuedCapital" xlink:to="lab_ifrs-full_IssuedCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_ManufacturingAssetsMember_01a03970-a05a-73e1-86d9-8283255f48a9_terseLabel_en-US" xlink:label="lab_cve_ManufacturingAssetsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Refining Assets</link:label>
    <link:label id="lab_cve_ManufacturingAssetsMember_label_en-US" xlink:label="lab_cve_ManufacturingAssetsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Manufacturing Assets [Member]</link:label>
    <link:label id="lab_cve_ManufacturingAssetsMember_documentation_en-US" xlink:label="lab_cve_ManufacturingAssetsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Manufacturing Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ManufacturingAssetsMember" xlink:href="cve-20260930.xsd#cve_ManufacturingAssetsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ManufacturingAssetsMember" xlink:to="lab_cve_ManufacturingAssetsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems_01a03970-a0f5-76ac-937f-b9a3b5865e8f_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of liabilities arising from financing activities [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of liabilities arising from financing activities [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfCommitmentsAndContingentLiabilitiesLineItems_01a03970-a05a-7821-8489-f5946c44ab48_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfCommitmentsAndContingentLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Commitments And Contingent Liabilities [Line Items]</link:label>
    <link:label id="lab_cve_DisclosureOfCommitmentsAndContingentLiabilitiesLineItems_label_en-US" xlink:label="lab_cve_DisclosureOfCommitmentsAndContingentLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Commitments And Contingent Liabilities [Line Items]</link:label>
    <link:label id="lab_cve_DisclosureOfCommitmentsAndContingentLiabilitiesLineItems_documentation_en-US" xlink:label="lab_cve_DisclosureOfCommitmentsAndContingentLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Commitments And Contingent Liabilities [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfCommitmentsAndContingentLiabilitiesLineItems" xlink:href="cve-20260930.xsd#cve_DisclosureOfCommitmentsAndContingentLiabilitiesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfCommitmentsAndContingentLiabilitiesLineItems" xlink:to="lab_cve_DisclosureOfCommitmentsAndContingentLiabilitiesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughExerciseOfOptions_01a03970-a0f5-73e2-8709-050eeb396ab9_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughExerciseOfOptions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Shares Issued Under Stock Option Plans</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughExerciseOfOptions_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughExerciseOfOptions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through exercise of options, equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughExerciseOfOptions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughExerciseOfOptions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughExerciseOfOptions" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughExerciseOfOptions" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RealizedForeignExchangeGainLoss_01a03970-a05b-7334-8db4-fd500f6d7f83_negatedLabel_en-US" xlink:label="lab_cve_RealizedForeignExchangeGainLoss" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Realized Foreign Exchange (Gain) Loss</link:label>
    <link:label id="lab_cve_RealizedForeignExchangeGainLoss_label_en-US" xlink:label="lab_cve_RealizedForeignExchangeGainLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Realized Foreign Exchange Gain Loss</link:label>
    <link:label id="lab_cve_RealizedForeignExchangeGainLoss_documentation_en-US" xlink:label="lab_cve_RealizedForeignExchangeGainLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Realized foreign exchange (gain) loss.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RealizedForeignExchangeGainLoss" xlink:href="cve-20260930.xsd#cve_RealizedForeignExchangeGainLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RealizedForeignExchangeGainLoss" xlink:to="lab_cve_RealizedForeignExchangeGainLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_ContractualCommitmentsForTransportationAndStorage_01a03970-a05b-7623-8a4d-1c1c8f03029f_terseLabel_en-US" xlink:label="lab_cve_ContractualCommitmentsForTransportationAndStorage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transportation and storage</link:label>
    <link:label id="lab_cve_ContractualCommitmentsForTransportationAndStorage_label_en-US" xlink:label="lab_cve_ContractualCommitmentsForTransportationAndStorage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contractual Commitments For Transportation and Storage</link:label>
    <link:label id="lab_cve_ContractualCommitmentsForTransportationAndStorage_documentation_en-US" xlink:label="lab_cve_ContractualCommitmentsForTransportationAndStorage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contractual Commitments For Transportation and Storage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ContractualCommitmentsForTransportationAndStorage" xlink:href="cve-20260930.xsd#cve_ContractualCommitmentsForTransportationAndStorage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ContractualCommitmentsForTransportationAndStorage" xlink:to="lab_cve_ContractualCommitmentsForTransportationAndStorage" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable_01a03970-a0f5-7996-83f7-8c67195490d7_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of contingent liabilities in business combination [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of contingent liabilities in business combination [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable" xlink:to="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationTable" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NetDebtAndEquity_01a03970-a05b-795c-b366-f187aa32a806_totalLabel_en-US" xlink:label="lab_cve_NetDebtAndEquity" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Capitalization</link:label>
    <link:label id="lab_cve_NetDebtAndEquity_label_en-US" xlink:label="lab_cve_NetDebtAndEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Debt And Equity</link:label>
    <link:label id="lab_cve_NetDebtAndEquity_documentation_en-US" xlink:label="lab_cve_NetDebtAndEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net debt and equity.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NetDebtAndEquity" xlink:href="cve-20260930.xsd#cve_NetDebtAndEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NetDebtAndEquity" xlink:to="lab_cve_NetDebtAndEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentTaxLiabilitiesCurrent_01a03970-a0f5-7c6b-b43e-68d2f389862f_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Tax Payable</link:label>
    <link:label id="lab_ifrs-full_CurrentTaxLiabilitiesCurrent_label_en-US" xlink:label="lab_ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current tax liabilities, current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentTaxLiabilitiesCurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:to="lab_ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCost_01a17940-add8-7fc0-b462-d7cba429790f_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial liabilities at amortised cost</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCost_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities at amortised cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilitiesAtAmortisedCost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:to="lab_ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExercisePriceShareOptionsGranted2019_01a03970-a05a-734a-8799-3e00258ba47e_terseLabel_en-US" xlink:label="lab_ifrs-full_ExercisePriceShareOptionsGranted2019" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exercise price of warrants issued (in CAD per share)</link:label>
    <link:label id="lab_ifrs-full_ExercisePriceShareOptionsGranted2019_label_en-US" xlink:label="lab_ifrs-full_ExercisePriceShareOptionsGranted2019" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Exercise price, share options granted</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExercisePriceShareOptionsGranted2019" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExercisePriceShareOptionsGranted2019"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExercisePriceShareOptionsGranted2019" xlink:to="lab_ifrs-full_ExercisePriceShareOptionsGranted2019" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_FairValueOfDerivativeFinancialInstrumentsNet_01a03970-a05a-7f45-a426-71177c6d0569_totalLabel_en-US" xlink:label="lab_cve_FairValueOfDerivativeFinancialInstrumentsNet" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Risk management net asset (liability)</link:label>
    <link:label id="lab_cve_FairValueOfDerivativeFinancialInstrumentsNet_01a03970-a05a-7f52-a51b-886ad9d271bd_verboseLabel_en-US" xlink:label="lab_cve_FairValueOfDerivativeFinancialInstrumentsNet" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Fair value of derivative financial instruments net</link:label>
    <link:label id="lab_cve_FairValueOfDerivativeFinancialInstrumentsNet_01a03970-a05a-7713-91f0-2b50476ba77c_periodStartLabel_en-US" xlink:label="lab_cve_FairValueOfDerivativeFinancialInstrumentsNet" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">As at December 31, 2025</link:label>
    <link:label id="lab_cve_FairValueOfDerivativeFinancialInstrumentsNet_01a03970-a05a-70dc-9bdc-bb84b81b02b3_periodEndLabel_en-US" xlink:label="lab_cve_FairValueOfDerivativeFinancialInstrumentsNet" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">As at September 30, 2026</link:label>
    <link:label id="lab_cve_FairValueOfDerivativeFinancialInstrumentsNet_label_en-US" xlink:label="lab_cve_FairValueOfDerivativeFinancialInstrumentsNet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Of Derivative Financial Instruments Net</link:label>
    <link:label id="lab_cve_FairValueOfDerivativeFinancialInstrumentsNet_documentation_en-US" xlink:label="lab_cve_FairValueOfDerivativeFinancialInstrumentsNet" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair value of derivative financial instruments net.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_FairValueOfDerivativeFinancialInstrumentsNet" xlink:href="cve-20260930.xsd#cve_FairValueOfDerivativeFinancialInstrumentsNet"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_FairValueOfDerivativeFinancialInstrumentsNet" xlink:to="lab_cve_FairValueOfDerivativeFinancialInstrumentsNet" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NumberOfSharesOutstanding_01a03970-a05b-78c4-8357-25a58c0a8fea_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Shares outstanding (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfSharesOutstanding_01a03970-a05b-7be0-bd65-edffd756075d_periodStartLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Outstanding, Beginning of Year (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfSharesOutstanding_01a03970-a05b-7252-9663-0b525a368fbf_periodEndLabel_en-US" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Outstanding, End of Period (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfSharesOutstanding_label_en-US" xlink:label="lab_ifrs-full_NumberOfSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of shares outstanding</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfSharesOutstanding" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfSharesOutstanding"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NumberOfSharesOutstanding" xlink:to="lab_ifrs-full_NumberOfSharesOutstanding" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NetCashFromUsedInBeforeFinancingActivities_01a03970-a0f5-706d-9c5a-c20e13887fbc_terseLabel_en-US" xlink:label="lab_cve_NetCashFromUsedInBeforeFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Cash Provided (Used) Before Financing Activities</link:label>
    <link:label id="lab_cve_NetCashFromUsedInBeforeFinancingActivities_label_en-US" xlink:label="lab_cve_NetCashFromUsedInBeforeFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash From Used In Before Financing Activities</link:label>
    <link:label id="lab_cve_NetCashFromUsedInBeforeFinancingActivities_documentation_en-US" xlink:label="lab_cve_NetCashFromUsedInBeforeFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net cash from (used in) before financing activities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NetCashFromUsedInBeforeFinancingActivities" xlink:href="cve-20260930.xsd#cve_NetCashFromUsedInBeforeFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NetCashFromUsedInBeforeFinancingActivities" xlink:to="lab_cve_NetCashFromUsedInBeforeFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossTable_01a03970-a05a-75a6-8564-33e0f6dbc710_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Accumulated Other Comprehensive Income Loss [Table]</link:label>
    <link:label id="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossTable_label_en-US" xlink:label="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Accumulated Other Comprehensive Income Loss [Table]</link:label>
    <link:label id="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossTable_documentation_en-US" xlink:label="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of accumulated other comprehensive income loss.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossTable" xlink:href="cve-20260930.xsd#cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossTable" xlink:to="lab_cve_DisclosureOfAccumulatedOtherComprehensiveIncomeLossTable" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NetIssuanceRepaymentOfShortTermBorrowings_01a03970-a0f5-787f-abf2-2394876c8f90_negatedTerseLabel_en-US" xlink:label="lab_cve_NetIssuanceRepaymentOfShortTermBorrowings" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net Issuance (Repayment) of Short-Term Borrowings</link:label>
    <link:label id="lab_cve_NetIssuanceRepaymentOfShortTermBorrowings_label_en-US" xlink:label="lab_cve_NetIssuanceRepaymentOfShortTermBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Issuance (Repayment) Of Short Term Borrowings</link:label>
    <link:label id="lab_cve_NetIssuanceRepaymentOfShortTermBorrowings_documentation_en-US" xlink:label="lab_cve_NetIssuanceRepaymentOfShortTermBorrowings" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net issuance (repayment) of short-term borrowings.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NetIssuanceRepaymentOfShortTermBorrowings" xlink:href="cve-20260930.xsd#cve_NetIssuanceRepaymentOfShortTermBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NetIssuanceRepaymentOfShortTermBorrowings" xlink:to="lab_cve_NetIssuanceRepaymentOfShortTermBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfFinancialLiabilitiesDomain_01a03970-a05b-7fd9-b8f6-6142ad8a60a4_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfFinancialLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of financial liabilities</link:label>
    <link:label id="lab_ifrs-full_TypesOfFinancialLiabilitiesDomain_label_en-US" xlink:label="lab_ifrs-full_TypesOfFinancialLiabilitiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of financial liabilities [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfFinancialLiabilitiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfFinancialLiabilitiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfFinancialLiabilitiesDomain" xlink:to="lab_ifrs-full_TypesOfFinancialLiabilitiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProductsAndServicesAxis_01a03970-a05b-7dbf-813d-f798ecf5ac4a_terseLabel_en-US" xlink:label="lab_ifrs-full_ProductsAndServicesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Products and services [axis]</link:label>
    <link:label id="lab_ifrs-full_ProductsAndServicesAxis_label_en-US" xlink:label="lab_ifrs-full_ProductsAndServicesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Products and services [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProductsAndServicesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProductsAndServicesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProductsAndServicesAxis" xlink:to="lab_ifrs-full_ProductsAndServicesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable_01a03970-a05a-7f31-8daf-e2231810f833_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of nature and extent of risks arising from financial instruments [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of nature and extent of risks arising from financial instruments [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable" xlink:to="lab_ifrs-full_DisclosureOfNatureAndExtentOfRisksArisingFromFinancialInstrumentsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncomeTaxExpenseContinuingOperations_01a03970-a0f4-758c-87d4-eb329e1a057c_terseLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Tax Expense (Recovery)</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxExpenseContinuingOperations_01a03970-a0f4-7c35-98a2-30b4d759b0b0_totalLabel_en-US" xlink:label="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Tax Expense (Recovery) From Continuing Operations</link:label>
    <link:label id="lab_ifrs-full_IncomeTaxExpenseContinuingOperations_label_en-US" xlink:label="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Tax expense (income)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="lab_ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LeaseLiabilitiesMember_01a03970-a05b-771c-afcc-0862ff8fc402_terseLabel_en-US" xlink:label="lab_ifrs-full_LeaseLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease Liabilities</link:label>
    <link:label id="lab_ifrs-full_LeaseLiabilitiesMember_label_en-US" xlink:label="lab_ifrs-full_LeaseLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lease liabilities [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LeaseLiabilitiesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LeaseLiabilitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LeaseLiabilitiesMember" xlink:to="lab_ifrs-full_LeaseLiabilitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_01a03970-a0f5-787d-90f2-547d210cb044_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SUBSEQUENT EVENT</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of events after reporting period [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:to="lab_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_ExplanationOfEffectOfShareBasedPaymentsOnProfitOrLossAndFinancialPositionsExplanatoryTableTextBlock_01a03970-a05a-7ec6-8be0-e9821d406df2_terseLabel_en-US" xlink:label="lab_cve_ExplanationOfEffectOfShareBasedPaymentsOnProfitOrLossAndFinancialPositionsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Stock-Based Compensation</link:label>
    <link:label id="lab_cve_ExplanationOfEffectOfShareBasedPaymentsOnProfitOrLossAndFinancialPositionsExplanatoryTableTextBlock_label_en-US" xlink:label="lab_cve_ExplanationOfEffectOfShareBasedPaymentsOnProfitOrLossAndFinancialPositionsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Explanation Of Effect Of Share Based Payments On Profit Or Loss And Financial Positions Explanatory [Table Text Block]</link:label>
    <link:label id="lab_cve_ExplanationOfEffectOfShareBasedPaymentsOnProfitOrLossAndFinancialPositionsExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_cve_ExplanationOfEffectOfShareBasedPaymentsOnProfitOrLossAndFinancialPositionsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Explanation of effect of share-based payments on profit or loss and financial positions.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ExplanationOfEffectOfShareBasedPaymentsOnProfitOrLossAndFinancialPositionsExplanatoryTableTextBlock" xlink:href="cve-20260930.xsd#cve_ExplanationOfEffectOfShareBasedPaymentsOnProfitOrLossAndFinancialPositionsExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ExplanationOfEffectOfShareBasedPaymentsOnProfitOrLossAndFinancialPositionsExplanatoryTableTextBlock" xlink:to="lab_cve_ExplanationOfEffectOfShareBasedPaymentsOnProfitOrLossAndFinancialPositionsExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_IncreaseDecreaseinWorkingCapitalfromOperatingActivities_01a03970-a0f5-71df-88f9-2508ccdc5872_terseLabel_en-US" xlink:label="lab_cve_IncreaseDecreaseinWorkingCapitalfromOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Change in Non-Cash Working Capital &#8211; Operating Activities</link:label>
    <link:label id="lab_cve_IncreaseDecreaseinWorkingCapitalfromOperatingActivities_label_en-US" xlink:label="lab_cve_IncreaseDecreaseinWorkingCapitalfromOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Working Capital from Operating Activities</link:label>
    <link:label id="lab_cve_IncreaseDecreaseinWorkingCapitalfromOperatingActivities_documentation_en-US" xlink:label="lab_cve_IncreaseDecreaseinWorkingCapitalfromOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Working Capital from Operating Activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_IncreaseDecreaseinWorkingCapitalfromOperatingActivities" xlink:href="cve-20260930.xsd#cve_IncreaseDecreaseinWorkingCapitalfromOperatingActivities"/>
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    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_01a03970-a05a-772b-8c76-33ceab0fe8c9_terseLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Operating Activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) operating activities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract"/>
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    <link:label id="lab_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of other provisions, contingent liabilities and contingent assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory"/>
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    <link:label id="lab_ifrs-full_DisclosureOfOtherNoncurrentLiabilitiesExplanatory_01a03970-a0f5-7465-a358-63a8beee3251_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherNoncurrentLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">OTHER LIABILITIES</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOtherNoncurrentLiabilitiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOtherNoncurrentLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of other non-current liabilities [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOtherNoncurrentLiabilitiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOtherNoncurrentLiabilitiesExplanatory"/>
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    <link:label id="lab_cve_NumberOfVotingEquityInterestsAcquiredAmount_01a173aa-a223-75d4-aecd-682e95cb56d8_terseLabel_en-US" xlink:label="lab_cve_NumberOfVotingEquityInterestsAcquiredAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of voting equity interests acquired, amount</link:label>
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    <link:label id="lab_cve_NumberOfVotingEquityInterestsAcquiredAmount_documentation_en-US" xlink:label="lab_cve_NumberOfVotingEquityInterestsAcquiredAmount" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Voting Equity Interests Acquired, Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NumberOfVotingEquityInterestsAcquiredAmount" xlink:href="cve-20260930.xsd#cve_NumberOfVotingEquityInterestsAcquiredAmount"/>
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    <link:label id="lab_cve_TheoreticalImpactToProfitLossFromDecreaseInCommoditySensitivity_01a03970-a05b-785e-b12c-f5163908cf30_terseLabel_en-US" xlink:label="lab_cve_TheoreticalImpactToProfitLossFromDecreaseInCommoditySensitivity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Decrease</link:label>
    <link:label id="lab_cve_TheoreticalImpactToProfitLossFromDecreaseInCommoditySensitivity_label_en-US" xlink:label="lab_cve_TheoreticalImpactToProfitLossFromDecreaseInCommoditySensitivity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Theoretical Impact To Profit Loss From Decrease In Commodity Sensitivity</link:label>
    <link:label id="lab_cve_TheoreticalImpactToProfitLossFromDecreaseInCommoditySensitivity_documentation_en-US" xlink:label="lab_cve_TheoreticalImpactToProfitLossFromDecreaseInCommoditySensitivity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Theoretical impact to profit loss from decrease in commodity sensitivity.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_TheoreticalImpactToProfitLossFromDecreaseInCommoditySensitivity" xlink:href="cve-20260930.xsd#cve_TheoreticalImpactToProfitLossFromDecreaseInCommoditySensitivity"/>
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    <link:label id="lab_cve_OtherNoncurrentLiabilitiesOther_01a03970-9f7c-76c3-b137-8639c078e8bb_terseLabel_en-US" xlink:label="lab_cve_OtherNoncurrentLiabilitiesOther" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other</link:label>
    <link:label id="lab_cve_OtherNoncurrentLiabilitiesOther_label_en-US" xlink:label="lab_cve_OtherNoncurrentLiabilitiesOther" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Noncurrent Liabilities, Other</link:label>
    <link:label id="lab_cve_OtherNoncurrentLiabilitiesOther_documentation_en-US" xlink:label="lab_cve_OtherNoncurrentLiabilitiesOther" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other noncurrent liabilities other.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_OtherNoncurrentLiabilitiesOther" xlink:href="cve-20260930.xsd#cve_OtherNoncurrentLiabilitiesOther"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_OtherNoncurrentLiabilitiesOther" xlink:to="lab_cve_OtherNoncurrentLiabilitiesOther" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_01a03970-a05a-7390-86bc-c5cf6d365d1f_terseLabel_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Risk management liability</link:label>
    <link:label id="lab_ifrs-full_FinancialLiabilitiesAtFairValue_label_en-US" xlink:label="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial liabilities, at fair value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_FinancialLiabilitiesAtFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:to="lab_ifrs-full_FinancialLiabilitiesAtFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentPeriodEndDate_01a03970-a0f5-7e7b-8d17-e89064e661e8_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:label id="lab_dei_DocumentPeriodEndDate_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodEndDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate" xlink:to="lab_dei_DocumentPeriodEndDate" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_InterestRateContractsOrCrossCurrencyInterestRateSwapsMember_01a03970-a05b-7995-87be-0e3e24bc02bc_terseLabel_en-US" xlink:label="lab_cve_InterestRateContractsOrCrossCurrencyInterestRateSwapsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Rate Contracts Or Cross Currency Interest Rate Swaps</link:label>
    <link:label id="lab_cve_InterestRateContractsOrCrossCurrencyInterestRateSwapsMember_label_en-US" xlink:label="lab_cve_InterestRateContractsOrCrossCurrencyInterestRateSwapsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate Contracts Or Cross Currency Interest Rate Swaps [Member]</link:label>
    <link:label id="lab_cve_InterestRateContractsOrCrossCurrencyInterestRateSwapsMember_documentation_en-US" xlink:label="lab_cve_InterestRateContractsOrCrossCurrencyInterestRateSwapsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest Rate Contracts Or Cross Currency Interest Rate Swaps</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_InterestRateContractsOrCrossCurrencyInterestRateSwapsMember" xlink:href="cve-20260930.xsd#cve_InterestRateContractsOrCrossCurrencyInterestRateSwapsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_InterestRateContractsOrCrossCurrencyInterestRateSwapsMember" xlink:to="lab_cve_InterestRateContractsOrCrossCurrencyInterestRateSwapsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentTaxExpenseIncome_01a03970-9f7c-75a1-bee0-5645ec39ae5c_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current Tax Expense (Recovery)</link:label>
    <link:label id="lab_ifrs-full_CurrentTaxExpenseIncome_label_en-US" xlink:label="lab_ifrs-full_CurrentTaxExpenseIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current tax expense (income)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentTaxExpenseIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentTaxExpenseIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTaxExpenseIncome" xlink:to="lab_ifrs-full_CurrentTaxExpenseIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_01a03970-9f7c-773d-8215-fd53068eed2b_terseLabel_en-US" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-adjusting events after reporting period [axis]</link:label>
    <link:label id="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_label_en-US" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-adjusting events after reporting period [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:to="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain_01a03970-a05b-7220-b549-4f36e37ab3f2_terseLabel_en-US" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-adjusting events after reporting period</link:label>
    <link:label id="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain_label_en-US" xlink:label="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-adjusting events after reporting period [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:to="lab_ifrs-full_NonadjustingEventsAfterReportingPeriodDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems_01a03970-a0f5-706f-911e-d6f1833291d4_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [Line Items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:to="lab_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory_01a03970-a0f5-701d-b705-a9f48e49ead6_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">FOREIGN EXCHANGE (GAIN) LOSS, NET</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of effect of changes in foreign exchange rates [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory"/>
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    <link:label id="lab_ifrs-full_MaturityAxis_01a03970-9f7c-7284-9fa8-dc098dfd8e0d_terseLabel_en-US" xlink:label="lab_ifrs-full_MaturityAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maturity [axis]</link:label>
    <link:label id="lab_ifrs-full_MaturityAxis_label_en-US" xlink:label="lab_ifrs-full_MaturityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maturity [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MaturityAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MaturityAxis"/>
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    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationExplanatory_01a03970-a05b-7bf1-b438-b78eb16f5774_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contingent Payments</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of contingent liabilities in business combination [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationExplanatory" xlink:to="lab_ifrs-full_DisclosureOfContingentLiabilitiesInBusinessCombinationExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TopOfRangeMember_01a03970-a0f5-71a7-a87b-35f3c7aff35e_terseLabel_en-US" xlink:label="lab_ifrs-full_TopOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum</link:label>
    <link:label id="lab_ifrs-full_TopOfRangeMember_label_en-US" xlink:label="lab_ifrs-full_TopOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Top of range [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TopOfRangeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TopOfRangeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TopOfRangeMember" xlink:to="lab_ifrs-full_TopOfRangeMember" xlink:type="arc" order="1"/>
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    <link:label id="lab_ifrs-full_Goodwill_01a03970-a0f5-773a-afcb-3a77cbc333e4_terseLabel_en-US" xlink:label="lab_ifrs-full_Goodwill" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
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    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment_01a03970-a05a-70f0-b1fb-3c3f63e2d14a_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughOtherChangesPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange Rate Movements and Other</link:label>
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    <link:label id="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_01a03970-9f7c-7415-9aa3-0038f9258f2d_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">4 Years</link:label>
    <link:label id="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than three years and not later than four years [member]</link:label>
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    <link:label id="lab_cve_ProceedsRepaymentsFromBorrowingsClassifiedAsFinancingActivities_01a03970-a05a-702c-83da-35fbcfba9203_terseLabel_en-US" xlink:label="lab_cve_ProceedsRepaymentsFromBorrowingsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Proceeds (Repayments) on Repurchase Agreements</link:label>
    <link:label id="lab_cve_ProceedsRepaymentsFromBorrowingsClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_cve_ProceedsRepaymentsFromBorrowingsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds (Repayments) From Borrowings, Classified As Financing Activities</link:label>
    <link:label id="lab_cve_ProceedsRepaymentsFromBorrowingsClassifiedAsFinancingActivities_documentation_en-US" xlink:label="lab_cve_ProceedsRepaymentsFromBorrowingsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Proceeds (Repayments) From Borrowings, Classified As Financing Activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ProceedsRepaymentsFromBorrowingsClassifiedAsFinancingActivities" xlink:href="cve-20260930.xsd#cve_ProceedsRepaymentsFromBorrowingsClassifiedAsFinancingActivities"/>
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    <link:label id="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_01a03970-a0f5-73c0-a622-8a15edb674c5_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Actuarial Gain (Loss) Relating to Pension and Other Post-Employment Benefits</link:label>
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    <link:label id="lab_dei_DocumentType_01a03970-a05b-794e-bc07-545e43dcfcc2_terseLabel_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_label_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
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    <link:label id="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees_01a03970-a0f5-763f-8251-a970124f7656_terseLabel_en-US" xlink:label="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock-Based Compensation Expense (Recovery)</link:label>
    <link:label id="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees_label_en-US" xlink:label="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsWithEmployees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense from share-based payment transactions with employees</link:label>
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    <link:label id="lab_srt_ProductOrServiceAxis_01a03970-a0f5-77f1-bb48-0ae080177035_terseLabel_en-US" xlink:label="lab_srt_ProductOrServiceAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Product and Service [Axis]</link:label>
    <link:label id="lab_srt_ProductOrServiceAxis_label_en-US" xlink:label="lab_srt_ProductOrServiceAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Product and Service [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ProductOrServiceAxis" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ProductOrServiceAxis"/>
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    <link:label id="lab_ifrs-full_NoncurrentPortionOfNoncurrentLoansReceived_01a0583b-5c87-7c9e-aaaf-199bba7b17ec_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentPortionOfNoncurrentLoansReceived" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Term Loan Facility</link:label>
    <link:label id="lab_ifrs-full_NoncurrentPortionOfNoncurrentLoansReceived_label_en-US" xlink:label="lab_ifrs-full_NoncurrentPortionOfNoncurrentLoansReceived" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current portion of non-current loans received</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentPortionOfNoncurrentLoansReceived" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentPortionOfNoncurrentLoansReceived"/>
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    <link:label id="lab_ifrs-full_NotesAndDebenturesIssued_01a03970-a05b-72e0-9923-f38c764687db_terseLabel_en-US" xlink:label="lab_ifrs-full_NotesAndDebenturesIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Debt Principal, (CAD equivalent)</link:label>
    <link:label id="lab_ifrs-full_NotesAndDebenturesIssued_label_en-US" xlink:label="lab_ifrs-full_NotesAndDebenturesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notes and debentures issued</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NotesAndDebenturesIssued" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NotesAndDebenturesIssued"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NotesAndDebenturesIssued" xlink:to="lab_ifrs-full_NotesAndDebenturesIssued" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_01a03970-a05a-7aed-a7b0-702208227bb9_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">(Income) Loss From Equity-Accounted Affiliates</link:label>
    <link:label id="lab_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_ifrs-full_ShareOfProfitLossOfJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share of profit (loss) of joint ventures accounted for using equity method</link:label>
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    <link:label id="lab_ifrs-full_IncomeStatementAbstract_label_en-US" xlink:label="lab_ifrs-full_IncomeStatementAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit or loss [abstract]</link:label>
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    <link:label id="lab_cve_CommittedCreditFacilitiesMaturingNovember102025Member_01a03970-a05a-78dc-a550-66baab8ccc50_terseLabel_en-US" xlink:label="lab_cve_CommittedCreditFacilitiesMaturingNovember102025Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Committed Credit Facilities, Maturing November 10, 2025</link:label>
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    <link:label id="lab_cve_CommittedCreditFacilitiesMaturingNovember102025Member_documentation_en-US" xlink:label="lab_cve_CommittedCreditFacilitiesMaturingNovember102025Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Committed Credit Facilities, Maturing November 10, 2025</link:label>
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    <link:label id="lab_srt_RangeAxis_01a03970-a05b-7a16-9529-4bedf8e9c1e1_terseLabel_en-US" xlink:label="lab_srt_RangeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statistical Measurement [Axis]</link:label>
    <link:label id="lab_srt_RangeAxis_label_en-US" xlink:label="lab_srt_RangeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statistical Measurement [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_RangeAxis" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_RangeAxis"/>
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    <link:label id="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsTable_01a03970-9f7c-7669-a413-28dc8f7e2c19_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfAnalysisOfSingleAmountOfDiscontinuedOperationsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of analysis of single amount of discontinued operations [table]</link:label>
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    <link:label id="lab_cve_WorkingCapital_01a03970-a0f5-7db2-9972-7f5d8fb7284c_negatedTotalLabel_en-US" xlink:label="lab_cve_WorkingCapital" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US">Working Capital</link:label>
    <link:label id="lab_cve_WorkingCapital_label_en-US" xlink:label="lab_cve_WorkingCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Working Capital</link:label>
    <link:label id="lab_cve_WorkingCapital_documentation_en-US" xlink:label="lab_cve_WorkingCapital" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Working Capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_WorkingCapital" xlink:href="cve-20260930.xsd#cve_WorkingCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_WorkingCapital" xlink:to="lab_cve_WorkingCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts_01a03970-a0f5-71e9-8f0c-819503ddb218_terseLabel_en-US" xlink:label="lab_ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-current assets</link:label>
    <link:label id="lab_ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts_label_en-US" xlink:label="lab_ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-current assets other than financial instruments, deferred tax assets, post-employment benefit assets, and rights arising under insurance contracts</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:to="lab_ifrs-full_NoncurrentAssetsOtherThanFinancialInstrumentsDeferredTaxAssetsPostemploymentBenefitAssetsAndRightsArisingUnderInsuranceContracts" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_FinancialInstrumentsDomain_01a03970-a0f5-7aaf-8eac-e04cfd17b059_terseLabel_en-US" xlink:label="lab_cve_FinancialInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Instruments [Domain]</link:label>
    <link:label id="lab_cve_FinancialInstrumentsDomain_label_en-US" xlink:label="lab_cve_FinancialInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Instruments [Domain]</link:label>
    <link:label id="lab_cve_FinancialInstrumentsDomain_documentation_en-US" xlink:label="lab_cve_FinancialInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial Instruments [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_FinancialInstrumentsDomain" xlink:href="cve-20260930.xsd#cve_FinancialInstrumentsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_FinancialInstrumentsDomain" xlink:to="lab_cve_FinancialInstrumentsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_01a03970-a05a-7235-ae9f-457770e442e1_terseLabel_en-US" xlink:label="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
    <link:label id="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_label_en-US" xlink:label="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="lab_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_JointVenturesAxis_01a03970-a0f5-7c78-9d99-1898ed82f2a7_terseLabel_en-US" xlink:label="lab_ifrs-full_JointVenturesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Joint ventures [axis]</link:label>
    <link:label id="lab_ifrs-full_JointVenturesAxis_label_en-US" xlink:label="lab_ifrs-full_JointVenturesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Joint ventures [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_JointVenturesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_JointVenturesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_JointVenturesAxis" xlink:to="lab_ifrs-full_JointVenturesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfAssetsAxis_01a03970-a0f5-76c0-b054-394d291684e6_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of assets [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfAssetsAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of assets [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfAssetsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfAssetsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfAssetsAxis" xlink:to="lab_ifrs-full_ClassesOfAssetsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_HMLPMember_01a03970-a05a-7df9-bea0-b374a8bcecf1_terseLabel_en-US" xlink:label="lab_cve_HMLPMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">HMLP</link:label>
    <link:label id="lab_cve_HMLPMember_label_en-US" xlink:label="lab_cve_HMLPMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">HMLP [Member]</link:label>
    <link:label id="lab_cve_HMLPMember_documentation_en-US" xlink:label="lab_cve_HMLPMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">HMLP</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_HMLPMember" xlink:href="cve-20260930.xsd#cve_HMLPMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_HMLPMember" xlink:to="lab_cve_HMLPMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NonCashChangesAbstract_01a03970-a0f5-762c-a3a2-ea1c2e1dacc7_terseLabel_en-US" xlink:label="lab_cve_NonCashChangesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-Cash Changes:</link:label>
    <link:label id="lab_cve_NonCashChangesAbstract_label_en-US" xlink:label="lab_cve_NonCashChangesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-cash changes [Abstract]</link:label>
    <link:label id="lab_cve_NonCashChangesAbstract_documentation_en-US" xlink:label="lab_cve_NonCashChangesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non-cash changes</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NonCashChangesAbstract" xlink:href="cve-20260930.xsd#cve_NonCashChangesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NonCashChangesAbstract" xlink:to="lab_cve_NonCashChangesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_InstrumentsWithPotentialFutureDilutiveEffectNotIncludedInCalculationOfDilutedEarningsPerShareShares_01a03970-a05b-7763-acd8-6f364e0ac3ce_terseLabel_en-US" xlink:label="lab_cve_InstrumentsWithPotentialFutureDilutiveEffectNotIncludedInCalculationOfDilutedEarningsPerShareShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Instruments excluded from calculation, shares (in shares)</link:label>
    <link:label id="lab_cve_InstrumentsWithPotentialFutureDilutiveEffectNotIncludedInCalculationOfDilutedEarningsPerShareShares_label_en-US" xlink:label="lab_cve_InstrumentsWithPotentialFutureDilutiveEffectNotIncludedInCalculationOfDilutedEarningsPerShareShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Instruments With Potential Future Dilutive Effect Not Included In Calculation Of Diluted Earnings Per Share, Shares</link:label>
    <link:label id="lab_cve_InstrumentsWithPotentialFutureDilutiveEffectNotIncludedInCalculationOfDilutedEarningsPerShareShares_documentation_en-US" xlink:label="lab_cve_InstrumentsWithPotentialFutureDilutiveEffectNotIncludedInCalculationOfDilutedEarningsPerShareShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Instruments With Potential Future Dilutive Effect Not Included In Calculation Of Diluted Earnings Per Share, Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_InstrumentsWithPotentialFutureDilutiveEffectNotIncludedInCalculationOfDilutedEarningsPerShareShares" xlink:href="cve-20260930.xsd#cve_InstrumentsWithPotentialFutureDilutiveEffectNotIncludedInCalculationOfDilutedEarningsPerShareShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_InstrumentsWithPotentialFutureDilutiveEffectNotIncludedInCalculationOfDilutedEarningsPerShareShares" xlink:to="lab_cve_InstrumentsWithPotentialFutureDilutiveEffectNotIncludedInCalculationOfDilutedEarningsPerShareShares" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfChangesInNonCashWorkingCapitalItemsTableTextBlock_01a03970-a0f5-7c1b-ba44-3f7de5aa2628_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfChangesInNonCashWorkingCapitalItemsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Disclosure Of Changes In Non-Cash Working Capital Items</link:label>
    <link:label id="lab_cve_DisclosureOfChangesInNonCashWorkingCapitalItemsTableTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfChangesInNonCashWorkingCapitalItemsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Changes In Non-Cash Working Capital Items [Table Text Block]</link:label>
    <link:label id="lab_cve_DisclosureOfChangesInNonCashWorkingCapitalItemsTableTextBlock_documentation_en-US" xlink:label="lab_cve_DisclosureOfChangesInNonCashWorkingCapitalItemsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Changes In Non-Cash Working Capital Items</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfChangesInNonCashWorkingCapitalItemsTableTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfChangesInNonCashWorkingCapitalItemsTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfChangesInNonCashWorkingCapitalItemsTableTextBlock" xlink:to="lab_cve_DisclosureOfChangesInNonCashWorkingCapitalItemsTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_01a03970-a0f5-7107-9c49-6583940458d5_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">5 Years</link:label>
    <link:label id="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than four years and not later than five years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_SeriesOfShareCapitalSharesDomain_01a03970-9f7c-7268-ae56-00635f5ebb14_terseLabel_en-US" xlink:label="lab_cve_SeriesOfShareCapitalSharesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series Of Share Capital Shares [Domain]</link:label>
    <link:label id="lab_cve_SeriesOfShareCapitalSharesDomain_label_en-US" xlink:label="lab_cve_SeriesOfShareCapitalSharesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series Of Share Capital Shares [Domain]</link:label>
    <link:label id="lab_cve_SeriesOfShareCapitalSharesDomain_documentation_en-US" xlink:label="lab_cve_SeriesOfShareCapitalSharesDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Series Of Share Capital Shares [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_SeriesOfShareCapitalSharesDomain" xlink:href="cve-20260930.xsd#cve_SeriesOfShareCapitalSharesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_SeriesOfShareCapitalSharesDomain" xlink:to="lab_cve_SeriesOfShareCapitalSharesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsByNameDomain_01a03970-a05a-7933-bd80-27ca23fa3703_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings by name</link:label>
    <link:label id="lab_ifrs-full_BorrowingsByNameDomain_label_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings by name [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsByNameDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsByNameDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsByNameDomain" xlink:to="lab_ifrs-full_BorrowingsByNameDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain_01a03970-a0f5-7282-ad87-177e70c518f1_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of share-based payment arrangements</link:label>
    <link:label id="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain_label_en-US" xlink:label="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of share-based payment arrangements [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfSharebasedPaymentArrangementsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain" xlink:to="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TradeReceivablesMember_01a03970-a05a-7ee6-9905-890f9c367b78_terseLabel_en-US" xlink:label="lab_ifrs-full_TradeReceivablesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade Receivables</link:label>
    <link:label id="lab_ifrs-full_TradeReceivablesMember_label_en-US" xlink:label="lab_ifrs-full_TradeReceivablesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trade receivables [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TradeReceivablesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TradeReceivablesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TradeReceivablesMember" xlink:to="lab_ifrs-full_TradeReceivablesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrencyRiskMember_01a03970-a05b-7453-b926-d7fd62d08e58_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrencyRiskMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Currency risk</link:label>
    <link:label id="lab_ifrs-full_CurrencyRiskMember_label_en-US" xlink:label="lab_ifrs-full_CurrencyRiskMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Currency risk [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrencyRiskMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrencyRiskMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrencyRiskMember" xlink:to="lab_ifrs-full_CurrencyRiskMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EarningsPerShareAbstract_01a03970-a0f5-73ce-8d16-be9ad130d767_terseLabel_en-US" xlink:label="lab_ifrs-full_EarningsPerShareAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Earnings (Loss) Per Common Share ($)</link:label>
    <link:label id="lab_ifrs-full_EarningsPerShareAbstract_label_en-US" xlink:label="lab_ifrs-full_EarningsPerShareAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings per share [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EarningsPerShareAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EarningsPerShareAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EarningsPerShareAbstract" xlink:to="lab_ifrs-full_EarningsPerShareAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RangeAxis_01a03970-a05a-7fb9-a4e4-b77930e8dc4d_terseLabel_en-US" xlink:label="lab_ifrs-full_RangeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range [axis]</link:label>
    <link:label id="lab_ifrs-full_RangeAxis_label_en-US" xlink:label="lab_ifrs-full_RangeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RangeAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RangeAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RangeAxis" xlink:to="lab_ifrs-full_RangeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentReceivablesFromSaleOfProperties_01a03970-a0f5-755d-baa9-7270faacbf85_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentReceivablesFromSaleOfProperties" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Divestiture Proceeds Receivable (Note 8)</link:label>
    <link:label id="lab_ifrs-full_CurrentReceivablesFromSaleOfProperties_label_en-US" xlink:label="lab_ifrs-full_CurrentReceivablesFromSaleOfProperties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current receivables from sale of properties</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentReceivablesFromSaleOfProperties" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentReceivablesFromSaleOfProperties"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentReceivablesFromSaleOfProperties" xlink:to="lab_ifrs-full_CurrentReceivablesFromSaleOfProperties" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfReportableSegmentsExplanatoryTableTextBlock_01a03970-a05b-747e-9072-4c3d67e814c9_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfReportableSegmentsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Segment and Operational Information</link:label>
    <link:label id="lab_cve_DisclosureOfReportableSegmentsExplanatoryTableTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfReportableSegmentsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Reportable Segments Explanatory [Table Text Block]</link:label>
    <link:label id="lab_cve_DisclosureOfReportableSegmentsExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_cve_DisclosureOfReportableSegmentsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of reportable segments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfReportableSegmentsExplanatoryTableTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfReportableSegmentsExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfReportableSegmentsExplanatoryTableTextBlock" xlink:to="lab_cve_DisclosureOfReportableSegmentsExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComponentsOfEquityAxis_01a03970-a0f4-72ca-a07c-97735760f17d_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Components of equity [axis]</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfEquityAxis_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of equity [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfEquityAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfEquityAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfEquityAxis" xlink:to="lab_ifrs-full_ComponentsOfEquityAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RestrictedShareUnitsMember_01a03970-a0f5-712e-9442-6b2e5f592ac2_terseLabel_en-US" xlink:label="lab_ifrs-full_RestrictedShareUnitsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restricted Share Units</link:label>
    <link:label id="lab_ifrs-full_RestrictedShareUnitsMember_label_en-US" xlink:label="lab_ifrs-full_RestrictedShareUnitsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restricted share units [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RestrictedShareUnitsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RestrictedShareUnitsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RestrictedShareUnitsMember" xlink:to="lab_ifrs-full_RestrictedShareUnitsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NumberOfSharesIssuedUnderArrangement_01a03970-a0f5-720f-8090-b744511d48a6_terseLabel_en-US" xlink:label="lab_cve_NumberOfSharesIssuedUnderArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Issued Under the Arrangement, net of Issuance Costs (in shares)</link:label>
    <link:label id="lab_cve_NumberOfSharesIssuedUnderArrangement_label_en-US" xlink:label="lab_cve_NumberOfSharesIssuedUnderArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Shares Issued Under Arrangement</link:label>
    <link:label id="lab_cve_NumberOfSharesIssuedUnderArrangement_documentation_en-US" xlink:label="lab_cve_NumberOfSharesIssuedUnderArrangement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Shares Issued Under Arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NumberOfSharesIssuedUnderArrangement" xlink:href="cve-20260930.xsd#cve_NumberOfSharesIssuedUnderArrangement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NumberOfSharesIssuedUnderArrangement" xlink:to="lab_cve_NumberOfSharesIssuedUnderArrangement" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CenovusReplacementStockOptionsMember_01a03970-a0f5-7bd7-bf05-ea021f148720_terseLabel_en-US" xlink:label="lab_cve_CenovusReplacementStockOptionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cenovus Replacement Stock Options</link:label>
    <link:label id="lab_cve_CenovusReplacementStockOptionsMember_label_en-US" xlink:label="lab_cve_CenovusReplacementStockOptionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cenovus Replacement Stock Options [Member]</link:label>
    <link:label id="lab_cve_CenovusReplacementStockOptionsMember_documentation_en-US" xlink:label="lab_cve_CenovusReplacementStockOptionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Cenovus Replacement Stock Options</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CenovusReplacementStockOptionsMember" xlink:href="cve-20260930.xsd#cve_CenovusReplacementStockOptionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CenovusReplacementStockOptionsMember" xlink:to="lab_cve_CenovusReplacementStockOptionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RepurchaseOfEquity_01a03970-a05b-77e9-9f8d-84fac2f20c59_negatedTerseLabel_en-US" xlink:label="lab_cve_RepurchaseOfEquity" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Purchase of Common Shares Under NCIB</link:label>
    <link:label id="lab_cve_RepurchaseOfEquity_label_en-US" xlink:label="lab_cve_RepurchaseOfEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repurchase Of Equity</link:label>
    <link:label id="lab_cve_RepurchaseOfEquity_documentation_en-US" xlink:label="lab_cve_RepurchaseOfEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Repurchase Of Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RepurchaseOfEquity" xlink:href="cve-20260930.xsd#cve_RepurchaseOfEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RepurchaseOfEquity" xlink:to="lab_cve_RepurchaseOfEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_StatementGeographicalAxis_01a03970-a05a-79f7-990c-1a73939eef85_terseLabel_en-US" xlink:label="lab_srt_StatementGeographicalAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Geographical [Axis]</link:label>
    <link:label id="lab_srt_StatementGeographicalAxis_label_en-US" xlink:label="lab_srt_StatementGeographicalAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Geographical [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_StatementGeographicalAxis" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_StatementGeographicalAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_StatementGeographicalAxis" xlink:to="lab_srt_StatementGeographicalAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLossBeforeTax_01a03970-a05b-7a01-b835-ba361cb448d2_totalLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Earnings (Loss) Before Income Tax</link:label>
    <link:label id="lab_ifrs-full_ProfitLossBeforeTax_01a03970-a05b-74d8-8322-7478b92817b0_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earnings (Loss) Before Income Tax</link:label>
    <link:label id="lab_ifrs-full_ProfitLossBeforeTax_label_en-US" xlink:label="lab_ifrs-full_ProfitLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss) before tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLossBeforeTax" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLossBeforeTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLossBeforeTax" xlink:to="lab_ifrs-full_ProfitLossBeforeTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_01a03970-9f7c-7186-be28-7b93fb9a05e4_totalLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total Other Comprehensive Income (Loss), Net of Tax</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_01a03970-9f7c-7cbd-8512-c92fe4f672ba_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Net of Tax</link:label>
    <link:label id="lab_ifrs-full_OtherComprehensiveIncome_label_en-US" xlink:label="lab_ifrs-full_OtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other comprehensive income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherComprehensiveIncome" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherComprehensiveIncome" xlink:to="lab_ifrs-full_OtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesAxis_01a03970-9f7c-7940-bacd-f70af086322b_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of liabilities [axis]</link:label>
    <link:label id="lab_ifrs-full_ClassesOfLiabilitiesAxis_label_en-US" xlink:label="lab_ifrs-full_ClassesOfLiabilitiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of liabilities [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfLiabilitiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfLiabilitiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfLiabilitiesAxis" xlink:to="lab_ifrs-full_ClassesOfLiabilitiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_FairValueDerivativeFinancialInstrumentsMember_01a03970-a05a-79be-ae42-fa1edf32b358_terseLabel_en-US" xlink:label="lab_cve_FairValueDerivativeFinancialInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Derivative Financial Instruments</link:label>
    <link:label id="lab_cve_FairValueDerivativeFinancialInstrumentsMember_label_en-US" xlink:label="lab_cve_FairValueDerivativeFinancialInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Derivative Financial Instruments [Member]</link:label>
    <link:label id="lab_cve_FairValueDerivativeFinancialInstrumentsMember_documentation_en-US" xlink:label="lab_cve_FairValueDerivativeFinancialInstrumentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair Value Derivative Financial Instruments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_FairValueDerivativeFinancialInstrumentsMember" xlink:href="cve-20260930.xsd#cve_FairValueDerivativeFinancialInstrumentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_FairValueDerivativeFinancialInstrumentsMember" xlink:to="lab_cve_FairValueDerivativeFinancialInstrumentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_LeaseDivestitures_01a05c5d-6620-7666-a6a6-7f4cb91b6607_terseLabel_en-US" xlink:label="lab_cve_LeaseDivestitures" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease Divestitures</link:label>
    <link:label id="lab_cve_LeaseDivestitures_label_en-US" xlink:label="lab_cve_LeaseDivestitures" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lease Divestitures</link:label>
    <link:label id="lab_cve_LeaseDivestitures_documentation_en-US" xlink:label="lab_cve_LeaseDivestitures" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Lease Divestitures</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_LeaseDivestitures" xlink:href="cve-20260930.xsd#cve_LeaseDivestitures"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_LeaseDivestitures" xlink:to="lab_cve_LeaseDivestitures" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TreasurySharesMember_01a03970-a0f5-7c6f-bbc4-0bab9310245f_terseLabel_en-US" xlink:label="lab_ifrs-full_TreasurySharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Treasury Shares</link:label>
    <link:label id="lab_ifrs-full_TreasurySharesMember_label_en-US" xlink:label="lab_ifrs-full_TreasurySharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Treasury shares [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TreasurySharesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TreasurySharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TreasurySharesMember" xlink:to="lab_ifrs-full_TreasurySharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfDerivativeFinancialInstrumentsTable_01a03970-a0f5-720e-838b-381ac8ca9309_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfDerivativeFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Derivative Financial Instruments [Table]</link:label>
    <link:label id="lab_cve_DisclosureOfDerivativeFinancialInstrumentsTable_label_en-US" xlink:label="lab_cve_DisclosureOfDerivativeFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Derivative Financial Instruments [Table]</link:label>
    <link:label id="lab_cve_DisclosureOfDerivativeFinancialInstrumentsTable_documentation_en-US" xlink:label="lab_cve_DisclosureOfDerivativeFinancialInstrumentsTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of derivative financial instruments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfDerivativeFinancialInstrumentsTable" xlink:href="cve-20260930.xsd#cve_DisclosureOfDerivativeFinancialInstrumentsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfDerivativeFinancialInstrumentsTable" xlink:to="lab_cve_DisclosureOfDerivativeFinancialInstrumentsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis_01a03970-a05b-701c-bfc1-8ad4d92c6a46_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of share-based payment arrangements [axis]</link:label>
    <link:label id="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of share-based payment arrangements [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfSharebasedPaymentArrangementsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:to="lab_ifrs-full_TypesOfSharebasedPaymentArrangementsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_TransportationCommitmentsSubjectToRegulatoryApprovalOrApprovedButNotYetInServiceTerm_01a03970-a0f5-7000-a9e0-06dc107701a9_terseLabel_en-US" xlink:label="lab_cve_TransportationCommitmentsSubjectToRegulatoryApprovalOrApprovedButNotYetInServiceTerm" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transportation commitments subject to regulatory approval or approved but not yet in service term</link:label>
    <link:label id="lab_cve_TransportationCommitmentsSubjectToRegulatoryApprovalOrApprovedButNotYetInServiceTerm_label_en-US" xlink:label="lab_cve_TransportationCommitmentsSubjectToRegulatoryApprovalOrApprovedButNotYetInServiceTerm" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transportation Commitments Subject To Regulatory Approval Or Approved But Not Yet In Service Term</link:label>
    <link:label id="lab_cve_TransportationCommitmentsSubjectToRegulatoryApprovalOrApprovedButNotYetInServiceTerm_documentation_en-US" xlink:label="lab_cve_TransportationCommitmentsSubjectToRegulatoryApprovalOrApprovedButNotYetInServiceTerm" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transportation Commitments Subject To Regulatory Approval Or Approved But Not Yet In Service Term</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_TransportationCommitmentsSubjectToRegulatoryApprovalOrApprovedButNotYetInServiceTerm" xlink:href="cve-20260930.xsd#cve_TransportationCommitmentsSubjectToRegulatoryApprovalOrApprovedButNotYetInServiceTerm"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_TransportationCommitmentsSubjectToRegulatoryApprovalOrApprovedButNotYetInServiceTerm" xlink:to="lab_cve_TransportationCommitmentsSubjectToRegulatoryApprovalOrApprovedButNotYetInServiceTerm" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_AsiaPacificMember_01a03970-a05b-79d2-bbab-7f3c820aed96_terseLabel_en-US" xlink:label="lab_srt_AsiaPacificMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asia Pacific</link:label>
    <link:label id="lab_srt_AsiaPacificMember_label_en-US" xlink:label="lab_srt_AsiaPacificMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asia Pacific [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_AsiaPacificMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_AsiaPacificMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_AsiaPacificMember" xlink:to="lab_srt_AsiaPacificMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_01a03970-a0f5-7db3-9766-3bbb974ba1aa_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SHARE CAPITAL AND WARRANTS</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of share capital, reserves and other equity interest [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:to="lab_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevenueFromSaleOfPetroleumAndPetrochemicalProducts_01a03970-9f7c-77b6-bda6-4a6548bc2976_terseLabel_en-US" xlink:label="lab_ifrs-full_RevenueFromSaleOfPetroleumAndPetrochemicalProducts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Distillates</link:label>
    <link:label id="lab_ifrs-full_RevenueFromSaleOfPetroleumAndPetrochemicalProducts_label_en-US" xlink:label="lab_ifrs-full_RevenueFromSaleOfPetroleumAndPetrochemicalProducts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue from sale of petroleum and petrochemical products</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueFromSaleOfPetroleumAndPetrochemicalProducts" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueFromSaleOfPetroleumAndPetrochemicalProducts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueFromSaleOfPetroleumAndPetrochemicalProducts" xlink:to="lab_ifrs-full_RevenueFromSaleOfPetroleumAndPetrochemicalProducts" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NumberOfDaysOutstandingForCreditExposuresUsingExternalCreditGradingSystem_01a03970-a05a-78fc-930e-cbf128a6a457_terseLabel_en-US" xlink:label="lab_cve_NumberOfDaysOutstandingForCreditExposuresUsingExternalCreditGradingSystem" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of days outstanding for accruals, joint operations, trade receivables and net investment in finance leases</link:label>
    <link:label id="lab_cve_NumberOfDaysOutstandingForCreditExposuresUsingExternalCreditGradingSystem_label_en-US" xlink:label="lab_cve_NumberOfDaysOutstandingForCreditExposuresUsingExternalCreditGradingSystem" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Days Outstanding For Credit Exposures Using External Credit Grading System</link:label>
    <link:label id="lab_cve_NumberOfDaysOutstandingForCreditExposuresUsingExternalCreditGradingSystem_documentation_en-US" xlink:label="lab_cve_NumberOfDaysOutstandingForCreditExposuresUsingExternalCreditGradingSystem" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of days outstanding for credit exposures using external credit grading system.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NumberOfDaysOutstandingForCreditExposuresUsingExternalCreditGradingSystem" xlink:href="cve-20260930.xsd#cve_NumberOfDaysOutstandingForCreditExposuresUsingExternalCreditGradingSystem"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NumberOfDaysOutstandingForCreditExposuresUsingExternalCreditGradingSystem" xlink:to="lab_cve_NumberOfDaysOutstandingForCreditExposuresUsingExternalCreditGradingSystem" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossLineItems_01a03970-a05a-7f11-ae8e-94a1e90344ff_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Effect Of Changes In Foreign Exchange Rates Gain Loss [Line Items]</link:label>
    <link:label id="lab_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossLineItems_label_en-US" xlink:label="lab_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Effect Of Changes In Foreign Exchange Rates Gain Loss [Line Items]</link:label>
    <link:label id="lab_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossLineItems_documentation_en-US" xlink:label="lab_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of effect of changes in foreign exchange rates gain loss line items.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossLineItems" xlink:href="cve-20260930.xsd#cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossLineItems" xlink:to="lab_cve_DisclosureOfEffectOfChangesInForeignExchangeRatesGainLossLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_InterestExpenseOnBorrowings_01a03970-a05a-7757-aecd-9ecf4e2ede8e_terseLabel_en-US" xlink:label="lab_ifrs-full_InterestExpenseOnBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Expense &#8211; Short-Term Borrowings and Long-Term Debt</link:label>
    <link:label id="lab_ifrs-full_InterestExpenseOnBorrowings_label_en-US" xlink:label="lab_ifrs-full_InterestExpenseOnBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest expense on borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_InterestExpenseOnBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_InterestExpenseOnBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_InterestExpenseOnBorrowings" xlink:to="lab_ifrs-full_InterestExpenseOnBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_AdjustmentsForRealisedForeignExchangeLossesGains_01a03970-a0f5-7996-a507-b7ee4359973a_terseLabel_en-US" xlink:label="lab_cve_AdjustmentsForRealisedForeignExchangeLossesGains" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Realized Foreign Exchange (Gain) Loss on Non-Operating Items</link:label>
    <link:label id="lab_cve_AdjustmentsForRealisedForeignExchangeLossesGains_label_en-US" xlink:label="lab_cve_AdjustmentsForRealisedForeignExchangeLossesGains" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments For Realised Foreign Exchange Losses Gains</link:label>
    <link:label id="lab_cve_AdjustmentsForRealisedForeignExchangeLossesGains_documentation_en-US" xlink:label="lab_cve_AdjustmentsForRealisedForeignExchangeLossesGains" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustments for realised foreign exchange losses (gains).</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_AdjustmentsForRealisedForeignExchangeLossesGains" xlink:href="cve-20260930.xsd#cve_AdjustmentsForRealisedForeignExchangeLossesGains"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_AdjustmentsForRealisedForeignExchangeLossesGains" xlink:to="lab_cve_AdjustmentsForRealisedForeignExchangeLossesGains" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_JointVenturesWhereEntityIsVenturerMember_01a03970-a05a-76dc-a153-fa913f941ba8_terseLabel_en-US" xlink:label="lab_ifrs-full_JointVenturesWhereEntityIsVenturerMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Joint ventures where entity is venturer</link:label>
    <link:label id="lab_ifrs-full_JointVenturesWhereEntityIsVenturerMember_label_en-US" xlink:label="lab_ifrs-full_JointVenturesWhereEntityIsVenturerMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Joint ventures where entity is venturer [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_JointVenturesWhereEntityIsVenturerMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_JointVenturesWhereEntityIsVenturerMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_JointVenturesWhereEntityIsVenturerMember" xlink:to="lab_ifrs-full_JointVenturesWhereEntityIsVenturerMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfRelatedPartiesDomain_01a03970-a05b-7bc8-a63c-3a9ad8b5bf67_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of related parties</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfRelatedPartiesDomain_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of related parties [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfRelatedPartiesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:to="lab_ifrs-full_CategoriesOfRelatedPartiesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IssueOfEquity_01a03970-a0f5-730f-859c-8e65dff6b39c_terseLabel_en-US" xlink:label="lab_ifrs-full_IssueOfEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Shares Issued Under Employee Benefit Plan</link:label>
    <link:label id="lab_ifrs-full_IssueOfEquity_label_en-US" xlink:label="lab_ifrs-full_IssueOfEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Issue of equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IssueOfEquity" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IssueOfEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IssueOfEquity" xlink:to="lab_ifrs-full_IssueOfEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_FinanceCostsAbstract_label_en-US" xlink:label="lab_cve_FinanceCostsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Finance Costs [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_FinanceCostsAbstract" xlink:href="cve-20260930.xsd#cve_FinanceCostsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_FinanceCostsAbstract" xlink:to="lab_cve_FinanceCostsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_OilSandsSegmentMember_01a03970-9f7c-7290-9202-699c6f9fc0cc_terseLabel_en-US" xlink:label="lab_cve_OilSandsSegmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Oil Sands</link:label>
    <link:label id="lab_cve_OilSandsSegmentMember_01a03970-9f7c-7650-b6db-b4363a491088_verboseLabel_en-US" xlink:label="lab_cve_OilSandsSegmentMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Oil Sands</link:label>
    <link:label id="lab_cve_OilSandsSegmentMember_label_en-US" xlink:label="lab_cve_OilSandsSegmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Oil Sands Segment [Member]</link:label>
    <link:label id="lab_cve_OilSandsSegmentMember_documentation_en-US" xlink:label="lab_cve_OilSandsSegmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Oil sands segment.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_OilSandsSegmentMember" xlink:href="cve-20260930.xsd#cve_OilSandsSegmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_OilSandsSegmentMember" xlink:to="lab_cve_OilSandsSegmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_ChangeInPriceEstimationUnderSensitivityAnalysis_01a03970-a05a-7ec6-9c11-a9812f5b7cf0_terseLabel_en-US" xlink:label="lab_cve_ChangeInPriceEstimationUnderSensitivityAnalysis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Sensitivity Range</link:label>
    <link:label id="lab_cve_ChangeInPriceEstimationUnderSensitivityAnalysis_label_en-US" xlink:label="lab_cve_ChangeInPriceEstimationUnderSensitivityAnalysis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Change In Price Estimation Under Sensitivity Analysis</link:label>
    <link:label id="lab_cve_ChangeInPriceEstimationUnderSensitivityAnalysis_documentation_en-US" xlink:label="lab_cve_ChangeInPriceEstimationUnderSensitivityAnalysis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Change in price estimation under sensitivity analysis.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ChangeInPriceEstimationUnderSensitivityAnalysis" xlink:href="cve-20260930.xsd#cve_ChangeInPriceEstimationUnderSensitivityAnalysis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ChangeInPriceEstimationUnderSensitivityAnalysis" xlink:to="lab_cve_ChangeInPriceEstimationUnderSensitivityAnalysis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain_01a03970-a05b-7a04-82d1-311e97beb9e7_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of financial instruments</link:label>
    <link:label id="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of financial instruments [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfFinancialInstrumentsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:to="lab_ifrs-full_ClassesOfFinancialInstrumentsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsTable_01a03970-a0f5-7c66-a075-15abe759ec54_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about business combination [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfBusinessCombinationsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about business combination [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfBusinessCombinationsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:to="lab_ifrs-full_DisclosureOfBusinessCombinationsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RevenueFromSaleOfNaturalGasLiquids_01a03970-a0f5-737b-ab32-a26ede0bd916_terseLabel_en-US" xlink:label="lab_cve_RevenueFromSaleOfNaturalGasLiquids" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">NGLs</link:label>
    <link:label id="lab_cve_RevenueFromSaleOfNaturalGasLiquids_label_en-US" xlink:label="lab_cve_RevenueFromSaleOfNaturalGasLiquids" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue From Sale Of Natural Gas Liquids</link:label>
    <link:label id="lab_cve_RevenueFromSaleOfNaturalGasLiquids_documentation_en-US" xlink:label="lab_cve_RevenueFromSaleOfNaturalGasLiquids" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue from sale of natural gas liquids.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RevenueFromSaleOfNaturalGasLiquids" xlink:href="cve-20260930.xsd#cve_RevenueFromSaleOfNaturalGasLiquids"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RevenueFromSaleOfNaturalGasLiquids" xlink:to="lab_cve_RevenueFromSaleOfNaturalGasLiquids" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfIncomeTaxExpenseContinuingOperationsExplanatoryTextBlock_01a03970-a05a-7025-bc08-8c0395ca74d8_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfIncomeTaxExpenseContinuingOperationsExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INCOME TAXES</link:label>
    <link:label id="lab_cve_DisclosureOfIncomeTaxExpenseContinuingOperationsExplanatoryTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfIncomeTaxExpenseContinuingOperationsExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Income Tax Expense Continuing Operations Explanatory [Text Block]</link:label>
    <link:label id="lab_cve_DisclosureOfIncomeTaxExpenseContinuingOperationsExplanatoryTextBlock_documentation_en-US" xlink:label="lab_cve_DisclosureOfIncomeTaxExpenseContinuingOperationsExplanatoryTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The entire disclosure of income tax expense continuing operations.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfIncomeTaxExpenseContinuingOperationsExplanatoryTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfIncomeTaxExpenseContinuingOperationsExplanatoryTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfIncomeTaxExpenseContinuingOperationsExplanatoryTextBlock" xlink:to="lab_cve_DisclosureOfIncomeTaxExpenseContinuingOperationsExplanatoryTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DistributionReceivedFromJointVenturesAccountedForUsingEquityMethod_01a03970-a05a-7040-b4ee-e77c299673cc_terseLabel_en-US" xlink:label="lab_cve_DistributionReceivedFromJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Distributions Received From Equity-Accounted Affiliates</link:label>
    <link:label id="lab_cve_DistributionReceivedFromJointVenturesAccountedForUsingEquityMethod_label_en-US" xlink:label="lab_cve_DistributionReceivedFromJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Distribution received from joint ventures accounted for using equity method</link:label>
    <link:label id="lab_cve_DistributionReceivedFromJointVenturesAccountedForUsingEquityMethod_documentation_en-US" xlink:label="lab_cve_DistributionReceivedFromJointVenturesAccountedForUsingEquityMethod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Distribution received from joint ventures accounted for using equity method</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DistributionReceivedFromJointVenturesAccountedForUsingEquityMethod" xlink:href="cve-20260930.xsd#cve_DistributionReceivedFromJointVenturesAccountedForUsingEquityMethod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DistributionReceivedFromJointVenturesAccountedForUsingEquityMethod" xlink:to="lab_cve_DistributionReceivedFromJointVenturesAccountedForUsingEquityMethod" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTable_01a03970-a05a-70bc-8016-e51ef204411d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of objectives, policies and processes for managing capital [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of objectives, policies and processes for managing capital [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalTable"/>
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    <link:label id="lab_ifrs-full_ProductsAndServicesDomain_01a03970-9f7c-766f-86e1-a18ccac7960b_terseLabel_en-US" xlink:label="lab_ifrs-full_ProductsAndServicesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Products and services</link:label>
    <link:label id="lab_ifrs-full_ProductsAndServicesDomain_label_en-US" xlink:label="lab_ifrs-full_ProductsAndServicesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Products and services [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProductsAndServicesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProductsAndServicesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProductsAndServicesDomain" xlink:to="lab_ifrs-full_ProductsAndServicesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_01a03970-a05a-793a-8856-525ef3fb888b_negatedLabel_en-US" xlink:label="lab_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Repayment of Repurchase Agreements</link:label>
    <link:label id="lab_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of borrowings, classified as financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="lab_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfLevelsOfFairValueHierarchyTable_01a03970-9f7c-7546-a188-a5ccb08e67d8_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfLevelsOfFairValueHierarchyTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Levels Of Fair Value Hierarchy [Table]</link:label>
    <link:label id="lab_cve_DisclosureOfLevelsOfFairValueHierarchyTable_label_en-US" xlink:label="lab_cve_DisclosureOfLevelsOfFairValueHierarchyTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Levels Of Fair Value Hierarchy [Table]</link:label>
    <link:label id="lab_cve_DisclosureOfLevelsOfFairValueHierarchyTable_documentation_en-US" xlink:label="lab_cve_DisclosureOfLevelsOfFairValueHierarchyTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of levels of fair value hierarchy table.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfLevelsOfFairValueHierarchyTable" xlink:href="cve-20260930.xsd#cve_DisclosureOfLevelsOfFairValueHierarchyTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfLevelsOfFairValueHierarchyTable" xlink:to="lab_cve_DisclosureOfLevelsOfFairValueHierarchyTable" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CommonSharesIssuedInAmountUponExerciseOfWarrants_01a05c95-3ff9-7c31-a0bb-7afea5fec2c2_netLabel_en-US" xlink:label="lab_cve_CommonSharesIssuedInAmountUponExerciseOfWarrants" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Issued Upon Exercise of Warrants</link:label>
    <link:label id="lab_cve_CommonSharesIssuedInAmountUponExerciseOfWarrants_01a03970-9f7c-72c1-848d-6556de5edfcd_verboseLabel_en-US" xlink:label="lab_cve_CommonSharesIssuedInAmountUponExerciseOfWarrants" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Exercised</link:label>
    <link:label id="lab_cve_CommonSharesIssuedInAmountUponExerciseOfWarrants_label_en-US" xlink:label="lab_cve_CommonSharesIssuedInAmountUponExerciseOfWarrants" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Shares Issued In Amount Upon Exercise of Warrants</link:label>
    <link:label id="lab_cve_CommonSharesIssuedInAmountUponExerciseOfWarrants_documentation_en-US" xlink:label="lab_cve_CommonSharesIssuedInAmountUponExerciseOfWarrants" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common Shares Issued In Amount Upon Exercise of Warrants</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CommonSharesIssuedInAmountUponExerciseOfWarrants" xlink:href="cve-20260930.xsd#cve_CommonSharesIssuedInAmountUponExerciseOfWarrants"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CommonSharesIssuedInAmountUponExerciseOfWarrants" xlink:to="lab_cve_CommonSharesIssuedInAmountUponExerciseOfWarrants" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_WeightedAverageShares_01a03970-a05a-7e23-87bd-325f5121b6a7_terseLabel_en-US" xlink:label="lab_ifrs-full_WeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basic &#8211; weighted average number of shares (in shares)</link:label>
    <link:label id="lab_ifrs-full_WeightedAverageShares_label_en-US" xlink:label="lab_ifrs-full_WeightedAverageShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average number of ordinary shares used in calculating basic earnings per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_WeightedAverageShares" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_WeightedAverageShares"/>
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    <link:label id="lab_cve_AdministrativeAndOtherExpenses_01a155af-b864-718d-93d7-e52822dcdc4e_terseLabel_en-US" xlink:label="lab_cve_AdministrativeAndOtherExpenses" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Administrative and Other</link:label>
    <link:label id="lab_cve_AdministrativeAndOtherExpenses_label_en-US" xlink:label="lab_cve_AdministrativeAndOtherExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Administrative And Other Expenses</link:label>
    <link:label id="lab_cve_AdministrativeAndOtherExpenses_documentation_en-US" xlink:label="lab_cve_AdministrativeAndOtherExpenses" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Administrative and other expenses.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_AdministrativeAndOtherExpenses" xlink:href="cve-20260930.xsd#cve_AdministrativeAndOtherExpenses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_AdministrativeAndOtherExpenses" xlink:to="lab_cve_AdministrativeAndOtherExpenses" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NumberOfVotingEquityInterestsAcquiredShares_01a173aa-a223-79af-b7b6-9955e3a6a194_terseLabel_en-US" xlink:label="lab_cve_NumberOfVotingEquityInterestsAcquiredShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of voting equity interests acquired (in shares)</link:label>
    <link:label id="lab_cve_NumberOfVotingEquityInterestsAcquiredShares_label_en-US" xlink:label="lab_cve_NumberOfVotingEquityInterestsAcquiredShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Voting Equity Interests Acquired, Shares</link:label>
    <link:label id="lab_cve_NumberOfVotingEquityInterestsAcquiredShares_documentation_en-US" xlink:label="lab_cve_NumberOfVotingEquityInterestsAcquiredShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Voting Equity Interests Acquired, Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NumberOfVotingEquityInterestsAcquiredShares" xlink:href="cve-20260930.xsd#cve_NumberOfVotingEquityInterestsAcquiredShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NumberOfVotingEquityInterestsAcquiredShares" xlink:to="lab_cve_NumberOfVotingEquityInterestsAcquiredShares" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfRecurringFairValueMeasurementOfAssetsAndLiabilitiesTable_01a03970-a05b-7f7d-9cc0-77e63721e8ef_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfRecurringFairValueMeasurementOfAssetsAndLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Recurring Fair Value Measurement Of Assets And Liabilities [Table]</link:label>
    <link:label id="lab_cve_DisclosureOfRecurringFairValueMeasurementOfAssetsAndLiabilitiesTable_label_en-US" xlink:label="lab_cve_DisclosureOfRecurringFairValueMeasurementOfAssetsAndLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Recurring Fair Value Measurement Of Assets And Liabilities [Table]</link:label>
    <link:label id="lab_cve_DisclosureOfRecurringFairValueMeasurementOfAssetsAndLiabilitiesTable_documentation_en-US" xlink:label="lab_cve_DisclosureOfRecurringFairValueMeasurementOfAssetsAndLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Recurring Fair Value Measurement Of Assets And Liabilities table.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfRecurringFairValueMeasurementOfAssetsAndLiabilitiesTable" xlink:href="cve-20260930.xsd#cve_DisclosureOfRecurringFairValueMeasurementOfAssetsAndLiabilitiesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfRecurringFairValueMeasurementOfAssetsAndLiabilitiesTable" xlink:to="lab_cve_DisclosureOfRecurringFairValueMeasurementOfAssetsAndLiabilitiesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsByNameAxis_01a03970-a0f5-70eb-a249-aaf0b5920f1b_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings by name [axis]</link:label>
    <link:label id="lab_ifrs-full_BorrowingsByNameAxis_label_en-US" xlink:label="lab_ifrs-full_BorrowingsByNameAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings by name [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsByNameAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsByNameAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsByNameAxis" xlink:to="lab_ifrs-full_BorrowingsByNameAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_ShareRepurchaseByPlanDomain_01a03970-a0f5-7140-a223-2d411700006a_terseLabel_en-US" xlink:label="lab_cve_ShareRepurchaseByPlanDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share Repurchase, By Plan [Domain]</link:label>
    <link:label id="lab_cve_ShareRepurchaseByPlanDomain_label_en-US" xlink:label="lab_cve_ShareRepurchaseByPlanDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Repurchase, By Plan [Domain]</link:label>
    <link:label id="lab_cve_ShareRepurchaseByPlanDomain_documentation_en-US" xlink:label="lab_cve_ShareRepurchaseByPlanDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Repurchase, By Plan [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ShareRepurchaseByPlanDomain" xlink:href="cve-20260930.xsd#cve_ShareRepurchaseByPlanDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ShareRepurchaseByPlanDomain" xlink:to="lab_cve_ShareRepurchaseByPlanDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_LeaseModifications_01a05824-f89b-7924-a602-dbbb015d554d_terseLabel_en-US" xlink:label="lab_cve_LeaseModifications" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Modifications</link:label>
    <link:label id="lab_cve_LeaseModifications_label_en-US" xlink:label="lab_cve_LeaseModifications" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lease Modifications</link:label>
    <link:label id="lab_cve_LeaseModifications_documentation_en-US" xlink:label="lab_cve_LeaseModifications" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Lease Modifications</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_LeaseModifications" xlink:href="cve-20260930.xsd#cve_LeaseModifications"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_LeaseModifications" xlink:to="lab_cve_LeaseModifications" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory_01a03970-a05b-7f54-baf2-3845bc957356_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Share Capital</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:to="lab_ifrs-full_DisclosureOfClassesOfShareCapitalExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfNetDebtToCapitalizationExplanatoryTableTextBlock_01a03970-a05a-73d8-b9ee-1f0c5ce020bd_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfNetDebtToCapitalizationExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Net Debt to Capitalization</link:label>
    <link:label id="lab_cve_DisclosureOfNetDebtToCapitalizationExplanatoryTableTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfNetDebtToCapitalizationExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Net Debt To Capitalization Explanatory [Table Text Block]</link:label>
    <link:label id="lab_cve_DisclosureOfNetDebtToCapitalizationExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_cve_DisclosureOfNetDebtToCapitalizationExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of net debt to capitalization.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfNetDebtToCapitalizationExplanatoryTableTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfNetDebtToCapitalizationExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfNetDebtToCapitalizationExplanatoryTableTextBlock" xlink:to="lab_cve_DisclosureOfNetDebtToCapitalizationExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_Borrowings_01a05843-c413-75c7-bcf5-d66f1d543d86_totalLabel_en-US" xlink:label="lab_ifrs-full_Borrowings" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total Debt</link:label>
    <link:label id="lab_ifrs-full_Borrowings_label_en-US" xlink:label="lab_ifrs-full_Borrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_Borrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_Borrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_Borrowings" xlink:to="lab_ifrs-full_Borrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfFairValueOfDerivativeFinancialInstrumentsNetExplanatoryTableTextBlock_01a03970-a0f5-79de-b832-9d6c9d912f02_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfFairValueOfDerivativeFinancialInstrumentsNetExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Net Fair Value of Risk Management Positions</link:label>
    <link:label id="lab_cve_DisclosureOfFairValueOfDerivativeFinancialInstrumentsNetExplanatoryTableTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfFairValueOfDerivativeFinancialInstrumentsNetExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Fair Value Of Derivative Financial Instruments Net Explanatory [Table Text Block]</link:label>
    <link:label id="lab_cve_DisclosureOfFairValueOfDerivativeFinancialInstrumentsNetExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_cve_DisclosureOfFairValueOfDerivativeFinancialInstrumentsNetExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of fair value of derivative financial instruments net.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfFairValueOfDerivativeFinancialInstrumentsNetExplanatoryTableTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfFairValueOfDerivativeFinancialInstrumentsNetExplanatoryTableTextBlock"/>
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    <link:label id="lab_cve_DisclosureOfOptionsOutstandingExercisableGrantedAndVestedTableTextBlock_01a03970-a0f5-7a60-b202-41b22961fe79_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfOptionsOutstandingExercisableGrantedAndVestedTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Options Outstanding and Exercisable</link:label>
    <link:label id="lab_cve_DisclosureOfOptionsOutstandingExercisableGrantedAndVestedTableTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfOptionsOutstandingExercisableGrantedAndVestedTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Options Outstanding Exercisable Granted And Vested [Table Text Block]</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfOptionsOutstandingExercisableGrantedAndVestedTableTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfOptionsOutstandingExercisableGrantedAndVestedTableTextBlock"/>
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    <link:label id="lab_cve_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased1_01a03970-a05b-76da-8521-dbc7ce6fc366_terseLabel_en-US" xlink:label="lab_cve_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">NCIB, shares authorized for repurchase (in shares)</link:label>
    <link:label id="lab_cve_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased1_label_en-US" xlink:label="lab_cve_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Repurchase Program, Number of Shares Authorized to be Repurchased1</link:label>
    <link:label id="lab_cve_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased1_documentation_en-US" xlink:label="lab_cve_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stock Repurchase Program, Number of Shares Authorized to be Repurchased1</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased1" xlink:href="cve-20260930.xsd#cve_StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased1"/>
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    <link:label id="lab_ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory_01a03970-a05a-7446-aa4e-312173f0f338_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">COMMITMENTS AND CONTINGENCIES</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of commitments and contingent liabilities [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory"/>
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    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_01a03970-a0f5-7ca9-8954-e4fcbd4a1e56_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">FINANCIAL INSTRUMENTS</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of financial instruments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfFinancialInstrumentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_01a03970-a0f5-7274-a191-a7a30f068937_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Property, Plant and Equipment</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory"/>
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    <link:label id="lab_cve_ShareRepurchaseProgramPricePerShare_01a03970-a05b-73ca-8806-be1f97307b83_terseLabel_en-US" xlink:label="lab_cve_ShareRepurchaseProgramPricePerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">NCIB, shares repurchased, price per share (in CAD per share)</link:label>
    <link:label id="lab_cve_ShareRepurchaseProgramPricePerShare_label_en-US" xlink:label="lab_cve_ShareRepurchaseProgramPricePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Repurchase Program, Price Per Share</link:label>
    <link:label id="lab_cve_ShareRepurchaseProgramPricePerShare_documentation_en-US" xlink:label="lab_cve_ShareRepurchaseProgramPricePerShare" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Repurchase Program, Price Per Share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ShareRepurchaseProgramPricePerShare" xlink:href="cve-20260930.xsd#cve_ShareRepurchaseProgramPricePerShare"/>
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    <link:label id="lab_ifrs-full_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement_01a03970-a05a-7c71-9b64-b642a314b6f3_terseLabel_en-US" xlink:label="lab_ifrs-full_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Number of share options, exercisable (in shares)</link:label>
    <link:label id="lab_ifrs-full_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement_label_en-US" xlink:label="lab_ifrs-full_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number of share options exercisable in share-based payment arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NumberOfShareOptionsExercisableInSharebasedPaymentArrangement"/>
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    <link:label id="lab_cve_NumberOfCommonSharesIssuedUponExpiredOfWarrants_01a05c8e-e038-78e0-823d-c4105a2134b8_terseLabel_en-US" xlink:label="lab_cve_NumberOfCommonSharesIssuedUponExpiredOfWarrants" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Expired (in shares)</link:label>
    <link:label id="lab_cve_NumberOfCommonSharesIssuedUponExpiredOfWarrants_label_en-US" xlink:label="lab_cve_NumberOfCommonSharesIssuedUponExpiredOfWarrants" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Common Shares Issued Upon Expired of Warrants</link:label>
    <link:label id="lab_cve_NumberOfCommonSharesIssuedUponExpiredOfWarrants_documentation_en-US" xlink:label="lab_cve_NumberOfCommonSharesIssuedUponExpiredOfWarrants" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Common Shares Issued Upon Expired of Warrants</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NumberOfCommonSharesIssuedUponExpiredOfWarrants" xlink:href="cve-20260930.xsd#cve_NumberOfCommonSharesIssuedUponExpiredOfWarrants"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NumberOfCommonSharesIssuedUponExpiredOfWarrants" xlink:to="lab_cve_NumberOfCommonSharesIssuedUponExpiredOfWarrants" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsInterestRate_01a03970-a0f5-7ad9-9a4d-b4354b744b51_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsInterestRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term debt, interest rate</link:label>
    <link:label id="lab_ifrs-full_BorrowingsInterestRate_label_en-US" xlink:label="lab_ifrs-full_BorrowingsInterestRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings, interest rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsInterestRate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsInterestRate"/>
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    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities_01a03970-a0f5-7c6f-83c3-5fe598373fc1_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Cash From (Used in) Investing Activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_OtherTangibleOrIntangibleAssetsTransferred_01a057bc-eea2-7d93-bb5e-ad5af67f954f_terseLabel_en-US" xlink:label="lab_ifrs-full_OtherTangibleOrIntangibleAssetsTransferred" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other tangible or intangible assets transferred</link:label>
    <link:label id="lab_ifrs-full_OtherTangibleOrIntangibleAssetsTransferred_label_en-US" xlink:label="lab_ifrs-full_OtherTangibleOrIntangibleAssetsTransferred" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other tangible or intangible assets transferred</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_OtherTangibleOrIntangibleAssetsTransferred" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_OtherTangibleOrIntangibleAssetsTransferred"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_OtherTangibleOrIntangibleAssetsTransferred" xlink:to="lab_ifrs-full_OtherTangibleOrIntangibleAssetsTransferred" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_01a03970-a05b-743d-b721-fd5f19991fb2_totalLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Cash and Cash Equivalents</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in cash and cash equivalents after effect of exchange rate changes</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:to="lab_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_PercentageOfCreditExposuresUsingExternalCreditGradingSystem_01a03970-a05b-7afb-ac1d-867656eb7ae8_terseLabel_en-US" xlink:label="lab_cve_PercentageOfCreditExposuresUsingExternalCreditGradingSystem" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percent of accounts receivable held with investment grade counterparties</link:label>
    <link:label id="lab_cve_PercentageOfCreditExposuresUsingExternalCreditGradingSystem_label_en-US" xlink:label="lab_cve_PercentageOfCreditExposuresUsingExternalCreditGradingSystem" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percentage Of Credit Exposures Using External Credit Grading System</link:label>
    <link:label id="lab_cve_PercentageOfCreditExposuresUsingExternalCreditGradingSystem_documentation_en-US" xlink:label="lab_cve_PercentageOfCreditExposuresUsingExternalCreditGradingSystem" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percentage of credit exposures using external credit grading system.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_PercentageOfCreditExposuresUsingExternalCreditGradingSystem" xlink:href="cve-20260930.xsd#cve_PercentageOfCreditExposuresUsingExternalCreditGradingSystem"/>
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    <link:label id="lab_cve_BorrowingRepaymentOfPrincipal_01a03970-a0f5-723f-8641-02b7f0e526b0_terseLabel_en-US" xlink:label="lab_cve_BorrowingRepaymentOfPrincipal" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Repayment of principal</link:label>
    <link:label id="lab_cve_BorrowingRepaymentOfPrincipal_label_en-US" xlink:label="lab_cve_BorrowingRepaymentOfPrincipal" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowing, Repayment Of Principal</link:label>
    <link:label id="lab_cve_BorrowingRepaymentOfPrincipal_documentation_en-US" xlink:label="lab_cve_BorrowingRepaymentOfPrincipal" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Borrowing, Repayment Of Principal</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_BorrowingRepaymentOfPrincipal" xlink:href="cve-20260930.xsd#cve_BorrowingRepaymentOfPrincipal"/>
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    <link:label id="lab_cve_SignificantAccountingPoliciesAbstract_01a03970-a0f5-7221-96bf-c4e40f2f940e_terseLabel_en-US" xlink:label="lab_cve_SignificantAccountingPoliciesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Update To Significant Accounting Policies [Abstract]</link:label>
    <link:label id="lab_cve_SignificantAccountingPoliciesAbstract_label_en-US" xlink:label="lab_cve_SignificantAccountingPoliciesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Significant Accounting Policies [Abstract]</link:label>
    <link:label id="lab_cve_SignificantAccountingPoliciesAbstract_documentation_en-US" xlink:label="lab_cve_SignificantAccountingPoliciesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Update to significant accounting policies.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_SignificantAccountingPoliciesAbstract" xlink:href="cve-20260930.xsd#cve_SignificantAccountingPoliciesAbstract"/>
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    <link:label id="lab_ifrs-full_ShorttermBorrowingsMember_01a03970-a05a-737e-b638-333e7c211721_terseLabel_en-US" xlink:label="lab_ifrs-full_ShorttermBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-Term Borrowings</link:label>
    <link:label id="lab_ifrs-full_ShorttermBorrowingsMember_label_en-US" xlink:label="lab_ifrs-full_ShorttermBorrowingsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-term borrowings [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ShorttermBorrowingsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ShorttermBorrowingsMember"/>
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    <link:label id="lab_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement2019_01a03970-a05b-74aa-965b-d75bff91705b_terseLabel_en-US" xlink:label="lab_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement2019" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted average exercise price of other equity instruments exercised or vested in share-based payment arrangement (in CAD per share)</link:label>
    <link:label id="lab_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement2019_label_en-US" xlink:label="lab_ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement2019" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted average exercise price of other equity instruments exercised or vested in share-based payment arrangement</link:label>
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    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities_01a03970-a05a-756b-83a9-54e0492c560c_totalLabel_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Cash From (Used in) Financing Activities</link:label>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities_label_en-US" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash flows from (used in) financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_TypesOfFinancialInstrumentsDomain_01a03970-a0f5-7d26-9415-5059020a85a5_terseLabel_en-US" xlink:label="lab_cve_TypesOfFinancialInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types Of Financial Instruments [Domain]</link:label>
    <link:label id="lab_cve_TypesOfFinancialInstrumentsDomain_label_en-US" xlink:label="lab_cve_TypesOfFinancialInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types Of Financial Instruments [Domain]</link:label>
    <link:label id="lab_cve_TypesOfFinancialInstrumentsDomain_documentation_en-US" xlink:label="lab_cve_TypesOfFinancialInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Types Of Financial Instruments [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_TypesOfFinancialInstrumentsDomain" xlink:href="cve-20260930.xsd#cve_TypesOfFinancialInstrumentsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_TypesOfFinancialInstrumentsDomain" xlink:to="lab_cve_TypesOfFinancialInstrumentsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_WarrantsPurchasedAndCancelledEquity_01a03970-a0f5-7f6f-9791-3f824bf08e38_negatedTerseLabel_en-US" xlink:label="lab_cve_WarrantsPurchasedAndCancelledEquity" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Warrants Expired</link:label>
    <link:label id="lab_cve_WarrantsPurchasedAndCancelledEquity_label_en-US" xlink:label="lab_cve_WarrantsPurchasedAndCancelledEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Warrants Purchased And Cancelled, Equity</link:label>
    <link:label id="lab_cve_WarrantsPurchasedAndCancelledEquity_documentation_en-US" xlink:label="lab_cve_WarrantsPurchasedAndCancelledEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Warrants Purchased And Cancelled, Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_WarrantsPurchasedAndCancelledEquity" xlink:href="cve-20260930.xsd#cve_WarrantsPurchasedAndCancelledEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_WarrantsPurchasedAndCancelledEquity" xlink:to="lab_cve_WarrantsPurchasedAndCancelledEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets_01a03970-9f7c-736b-8943-c93a6c4a376e_negatedLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">(Gain) Loss on Divestiture of Assets</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets_01a03970-9f7c-7356-b5f4-7b54e0de6213_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Gains (losses) on divestiture of assets</link:label>
    <link:label id="lab_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets_label_en-US" xlink:label="lab_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gains (losses) on disposals of non-current assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets" xlink:to="lab_ifrs-full_GainsLossesOnDisposalsOfNoncurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PreferenceSharesMember_01a03970-a05a-7c85-bb58-6ef18048fbb5_terseLabel_en-US" xlink:label="lab_ifrs-full_PreferenceSharesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Preferred Shares</link:label>
    <link:label id="lab_ifrs-full_PreferenceSharesMember_label_en-US" xlink:label="lab_ifrs-full_PreferenceSharesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Preference shares [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PreferenceSharesMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PreferenceSharesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PreferenceSharesMember" xlink:to="lab_ifrs-full_PreferenceSharesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfReportableSegmentsAbstract_label_en-US" xlink:label="lab_cve_DisclosureOfReportableSegmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Reportable Segments [Abstract]</link:label>
    <link:label id="lab_cve_DisclosureOfReportableSegmentsAbstract_documentation_en-US" xlink:label="lab_cve_DisclosureOfReportableSegmentsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of reportable segments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfReportableSegmentsAbstract" xlink:href="cve-20260930.xsd#cve_DisclosureOfReportableSegmentsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfReportableSegmentsAbstract" xlink:to="lab_cve_DisclosureOfReportableSegmentsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RepurchaseAgreementsPayable_01a03970-a05b-7dca-ad80-0f094b21ed81_periodStartLabel_en-US" xlink:label="lab_cve_RepurchaseAgreementsPayable" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance, Repurchase agreements payable</link:label>
    <link:label id="lab_cve_RepurchaseAgreementsPayable_01a03970-a05b-79aa-99c2-3d2eb12593ce_periodEndLabel_en-US" xlink:label="lab_cve_RepurchaseAgreementsPayable" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance, Repurchase agreements payable</link:label>
    <link:label id="lab_cve_RepurchaseAgreementsPayable_label_en-US" xlink:label="lab_cve_RepurchaseAgreementsPayable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repurchase Agreements Payable</link:label>
    <link:label id="lab_cve_RepurchaseAgreementsPayable_documentation_en-US" xlink:label="lab_cve_RepurchaseAgreementsPayable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Repurchase Agreements Payable</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RepurchaseAgreementsPayable" xlink:href="cve-20260930.xsd#cve_RepurchaseAgreementsPayable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RepurchaseAgreementsPayable" xlink:to="lab_cve_RepurchaseAgreementsPayable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInWorkingCapital_01a03970-a0f5-7b14-b01d-24cc3eebb77d_totalLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total Change in Non-Cash Working Capital</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseInWorkingCapital_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) in working capital</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseInWorkingCapital"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:to="lab_ifrs-full_IncreaseDecreaseInWorkingCapital" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentAssets_01a03970-a0f4-74ab-8a02-5c4aed2d0ecf_totalLabel_en-US" xlink:label="lab_ifrs-full_CurrentAssets" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total Current Assets</link:label>
    <link:label id="lab_ifrs-full_CurrentAssets_01a03970-a0f4-7e47-b320-682aa95f6b81_verboseLabel_en-US" xlink:label="lab_ifrs-full_CurrentAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total Current Assets</link:label>
    <link:label id="lab_ifrs-full_CurrentAssets_label_en-US" xlink:label="lab_ifrs-full_CurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentAssets" xlink:to="lab_ifrs-full_CurrentAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember_01a03970-a05b-783d-87ea-7f7dd626ff34_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Years 2 and 3</link:label>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than one year and not later than three years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:to="lab_ifrs-full_LaterThanOneYearAndNotLaterThanThreeYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfCommitmentsAndContingentLiabilitiesTable_01a03970-a0f5-7a5b-b3a7-3713be0f12ee_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfCommitmentsAndContingentLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Commitments And Contingent Liabilities [Table]</link:label>
    <link:label id="lab_cve_DisclosureOfCommitmentsAndContingentLiabilitiesTable_label_en-US" xlink:label="lab_cve_DisclosureOfCommitmentsAndContingentLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Commitments And Contingent Liabilities [Table]</link:label>
    <link:label id="lab_cve_DisclosureOfCommitmentsAndContingentLiabilitiesTable_documentation_en-US" xlink:label="lab_cve_DisclosureOfCommitmentsAndContingentLiabilitiesTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure Of Commitments And Contingent Liabilities [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfCommitmentsAndContingentLiabilitiesTable" xlink:href="cve-20260930.xsd#cve_DisclosureOfCommitmentsAndContingentLiabilitiesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfCommitmentsAndContingentLiabilitiesTable" xlink:to="lab_cve_DisclosureOfCommitmentsAndContingentLiabilitiesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_MajorCustomersAxis_01a03970-a05b-728c-b0fe-9e979f630b32_terseLabel_en-US" xlink:label="lab_srt_MajorCustomersAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Customer [Axis]</link:label>
    <link:label id="lab_srt_MajorCustomersAxis_label_en-US" xlink:label="lab_srt_MajorCustomersAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Customer [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_MajorCustomersAxis" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_MajorCustomersAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_MajorCustomersAxis" xlink:to="lab_srt_MajorCustomersAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsTable_01a03970-a0f5-707f-ba90-7bf34ca477eb_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of operating segments [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of operating segments [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOperatingSegmentsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:to="lab_ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityTable_01a03970-a0f5-7ea8-9e30-bfc74c3d5939_terseLabel_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [table]</link:label>
    <link:label id="lab_ifrs-full_StatementOfChangesInEquityTable_label_en-US" xlink:label="lab_ifrs-full_StatementOfChangesInEquityTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of changes in equity [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_StatementOfChangesInEquityTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_StatementOfChangesInEquityTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_StatementOfChangesInEquityTable" xlink:to="lab_ifrs-full_StatementOfChangesInEquityTable" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_UpstreamAbstract_01a03970-a0f5-7723-a47a-704f0c61ca2e_terseLabel_en-US" xlink:label="lab_cve_UpstreamAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Upstream</link:label>
    <link:label id="lab_cve_UpstreamAbstract_label_en-US" xlink:label="lab_cve_UpstreamAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Upstream [Abstract]</link:label>
    <link:label id="lab_cve_UpstreamAbstract_documentation_en-US" xlink:label="lab_cve_UpstreamAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Upstream</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_UpstreamAbstract" xlink:href="cve-20260930.xsd#cve_UpstreamAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_UpstreamAbstract" xlink:to="lab_cve_UpstreamAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfProductsAndServicesExplanatory_01a03970-a0f4-783d-a34a-99aff8fb7ef3_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfProductsAndServicesExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Revenues by Product</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfProductsAndServicesExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfProductsAndServicesExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of products and services [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfProductsAndServicesExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfProductsAndServicesExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfProductsAndServicesExplanatory" xlink:to="lab_ifrs-full_DisclosureOfProductsAndServicesExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_StockRepurchaseProgramRepurchasedAmountSharesUnderASPP_01a13f2b-5d98-7a0f-b0f9-261807ae03b9_terseLabel_en-US" xlink:label="lab_cve_StockRepurchaseProgramRepurchasedAmountSharesUnderASPP" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase of Common Shares Under ASPP (in shares)</link:label>
    <link:label id="lab_cve_StockRepurchaseProgramRepurchasedAmountSharesUnderASPP_label_en-US" xlink:label="lab_cve_StockRepurchaseProgramRepurchasedAmountSharesUnderASPP" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Repurchase Program, Repurchased Amount, Shares Under ASPP</link:label>
    <link:label id="lab_cve_StockRepurchaseProgramRepurchasedAmountSharesUnderASPP_documentation_en-US" xlink:label="lab_cve_StockRepurchaseProgramRepurchasedAmountSharesUnderASPP" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stock Repurchase Program, Repurchased Amount, Shares Under ASPP</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_StockRepurchaseProgramRepurchasedAmountSharesUnderASPP" xlink:href="cve-20260930.xsd#cve_StockRepurchaseProgramRepurchasedAmountSharesUnderASPP"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_StockRepurchaseProgramRepurchasedAmountSharesUnderASPP" xlink:to="lab_cve_StockRepurchaseProgramRepurchasedAmountSharesUnderASPP" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_OperatingMargin_01a03970-a05a-7e4d-acc8-7a23620762e7_totalLabel_en-US" xlink:label="lab_cve_OperatingMargin" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Operating Margin</link:label>
    <link:label id="lab_cve_OperatingMargin_label_en-US" xlink:label="lab_cve_OperatingMargin" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Operating Margin</link:label>
    <link:label id="lab_cve_OperatingMargin_documentation_en-US" xlink:label="lab_cve_OperatingMargin" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenues less purchased product, transportation and blending, operating expenses, production and mineral taxes plus realized gains less realized losses on risk management activities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_OperatingMargin" xlink:href="cve-20260930.xsd#cve_OperatingMargin"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_OperatingMargin" xlink:to="lab_cve_OperatingMargin" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract_01a03970-a0f5-7299-8ffa-2b650b74b2d2_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [abstract]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of classes of share capital [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:to="lab_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_OffshoreMember_01a03970-a05b-7b82-a273-2e67ae99c97d_terseLabel_en-US" xlink:label="lab_cve_OffshoreMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Offshore</link:label>
    <link:label id="lab_cve_OffshoreMember_label_en-US" xlink:label="lab_cve_OffshoreMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Offshore [Member]</link:label>
    <link:label id="lab_cve_OffshoreMember_documentation_en-US" xlink:label="lab_cve_OffshoreMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Offshore</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_OffshoreMember" xlink:href="cve-20260930.xsd#cve_OffshoreMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_OffshoreMember" xlink:to="lab_cve_OffshoreMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CorporateAndEliminationsReportableSegmentCosts_01a03970-a05b-7cb8-8122-4f964ee4a119_totalLabel_en-US" xlink:label="lab_cve_CorporateAndEliminationsReportableSegmentCosts" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total Non-operating (Income) Expense</link:label>
    <link:label id="lab_cve_CorporateAndEliminationsReportableSegmentCosts_label_en-US" xlink:label="lab_cve_CorporateAndEliminationsReportableSegmentCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Corporate And Eliminations Reportable Segment Costs</link:label>
    <link:label id="lab_cve_CorporateAndEliminationsReportableSegmentCosts_documentation_en-US" xlink:label="lab_cve_CorporateAndEliminationsReportableSegmentCosts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Corporate and eliminations reportable segment costs.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CorporateAndEliminationsReportableSegmentCosts" xlink:href="cve-20260930.xsd#cve_CorporateAndEliminationsReportableSegmentCosts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CorporateAndEliminationsReportableSegmentCosts" xlink:to="lab_cve_CorporateAndEliminationsReportableSegmentCosts" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfSupplementaryCashFlowInformationTable_01a03970-a05b-7a0e-b3b7-347d9a093dec_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfSupplementaryCashFlowInformationTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Supplementary Cash Flow Information [Table]</link:label>
    <link:label id="lab_cve_DisclosureOfSupplementaryCashFlowInformationTable_label_en-US" xlink:label="lab_cve_DisclosureOfSupplementaryCashFlowInformationTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Supplementary Cash Flow Information [Table]</link:label>
    <link:label id="lab_cve_DisclosureOfSupplementaryCashFlowInformationTable_documentation_en-US" xlink:label="lab_cve_DisclosureOfSupplementaryCashFlowInformationTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of supplementary cash flow information table..</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfSupplementaryCashFlowInformationTable" xlink:href="cve-20260930.xsd#cve_DisclosureOfSupplementaryCashFlowInformationTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfSupplementaryCashFlowInformationTable" xlink:to="lab_cve_DisclosureOfSupplementaryCashFlowInformationTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SegmentsAxis_01a03970-a0f5-74bd-af61-0187342109b0_terseLabel_en-US" xlink:label="lab_ifrs-full_SegmentsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Segments [axis]</link:label>
    <link:label id="lab_ifrs-full_SegmentsAxis_label_en-US" xlink:label="lab_ifrs-full_SegmentsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Segments [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SegmentsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SegmentsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SegmentsAxis" xlink:to="lab_ifrs-full_SegmentsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_TypesOfRisksAxis_01a03970-a0f5-7c46-91e3-b5048f8845c1_terseLabel_en-US" xlink:label="lab_ifrs-full_TypesOfRisksAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Types of risks [axis]</link:label>
    <link:label id="lab_ifrs-full_TypesOfRisksAxis_label_en-US" xlink:label="lab_ifrs-full_TypesOfRisksAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Types of risks [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_TypesOfRisksAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_TypesOfRisksAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_TypesOfRisksAxis" xlink:to="lab_ifrs-full_TypesOfRisksAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_01a03970-a05a-77bd-b4b5-ebee4f02bae9_totalLabel_en-US" xlink:label="lab_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Long-Term Debt</link:label>
    <link:label id="lab_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_01a03970-a05a-7ac7-a899-ac11e4f12d27_verboseLabel_en-US" xlink:label="lab_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Long-term debt</link:label>
    <link:label id="lab_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings_label_en-US" xlink:label="lab_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current borrowings and current portion of non-current borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:to="lab_ifrs-full_CurrentBorrowingsAndCurrentPortionOfNoncurrentBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_AccountsPayablesAndAccruedLiabilitiesMember_01a03970-a0f5-7ad7-865b-ae128d9f3d57_terseLabel_en-US" xlink:label="lab_cve_AccountsPayablesAndAccruedLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts payable and accrued liabilities</link:label>
    <link:label id="lab_cve_AccountsPayablesAndAccruedLiabilitiesMember_label_en-US" xlink:label="lab_cve_AccountsPayablesAndAccruedLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Payables And Accrued Liabilities [Member]</link:label>
    <link:label id="lab_cve_AccountsPayablesAndAccruedLiabilitiesMember_documentation_en-US" xlink:label="lab_cve_AccountsPayablesAndAccruedLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accounts payables and accrued liabilities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_AccountsPayablesAndAccruedLiabilitiesMember" xlink:href="cve-20260930.xsd#cve_AccountsPayablesAndAccruedLiabilitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_AccountsPayablesAndAccruedLiabilitiesMember" xlink:to="lab_cve_AccountsPayablesAndAccruedLiabilitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_WRBRefiningLPMember_01a03970-a05b-7e36-9317-80539a7b496d_terseLabel_en-US" xlink:label="lab_cve_WRBRefiningLPMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">WRB Refining LP</link:label>
    <link:label id="lab_cve_WRBRefiningLPMember_label_en-US" xlink:label="lab_cve_WRBRefiningLPMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">WRB Refining LP [Member]</link:label>
    <link:label id="lab_cve_WRBRefiningLPMember_documentation_en-US" xlink:label="lab_cve_WRBRefiningLPMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">WRB Refining LP</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_WRBRefiningLPMember" xlink:href="cve-20260930.xsd#cve_WRBRefiningLPMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_WRBRefiningLPMember" xlink:to="lab_cve_WRBRefiningLPMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DownstreamMember_01a03970-a05b-79b3-90b8-23dab8edf912_terseLabel_en-US" xlink:label="lab_cve_DownstreamMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Downstream</link:label>
    <link:label id="lab_cve_DownstreamMember_label_en-US" xlink:label="lab_cve_DownstreamMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Downstream [Member]</link:label>
    <link:label id="lab_cve_DownstreamMember_documentation_en-US" xlink:label="lab_cve_DownstreamMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Downstream</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DownstreamMember" xlink:href="cve-20260930.xsd#cve_DownstreamMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DownstreamMember" xlink:to="lab_cve_DownstreamMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ClassesOfAssetsDomain_01a03970-a05a-738b-82fc-0fc7b71fc805_terseLabel_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Classes of assets</link:label>
    <link:label id="lab_ifrs-full_ClassesOfAssetsDomain_label_en-US" xlink:label="lab_ifrs-full_ClassesOfAssetsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Classes of assets [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ClassesOfAssetsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ClassesOfAssetsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ClassesOfAssetsDomain" xlink:to="lab_ifrs-full_ClassesOfAssetsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CurrentFiscalYearEndDate_01a03970-a05a-757f-bef2-b4113a8d34e9_terseLabel_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:label id="lab_dei_CurrentFiscalYearEndDate_label_en-US" xlink:label="lab_dei_CurrentFiscalYearEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Fiscal Year End Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CurrentFiscalYearEndDate" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CurrentFiscalYearEndDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CurrentFiscalYearEndDate" xlink:to="lab_dei_CurrentFiscalYearEndDate" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_AdditionsOfExplorationAndEvaluationAssets_01a03970-a05a-7e01-8ce9-b82e6506a260_terseLabel_en-US" xlink:label="lab_cve_AdditionsOfExplorationAndEvaluationAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additions</link:label>
    <link:label id="lab_cve_AdditionsOfExplorationAndEvaluationAssets_label_en-US" xlink:label="lab_cve_AdditionsOfExplorationAndEvaluationAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Additions Of Exploration And Evaluation Assets</link:label>
    <link:label id="lab_cve_AdditionsOfExplorationAndEvaluationAssets_documentation_en-US" xlink:label="lab_cve_AdditionsOfExplorationAndEvaluationAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Additions of exploration and evaluation assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_AdditionsOfExplorationAndEvaluationAssets" xlink:href="cve-20260930.xsd#cve_AdditionsOfExplorationAndEvaluationAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_AdditionsOfExplorationAndEvaluationAssets" xlink:to="lab_cve_AdditionsOfExplorationAndEvaluationAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_country_ID_01a03970-a0f5-76b6-a955-ff074941bffa_terseLabel_en-US" xlink:label="lab_country_ID" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Indonesia</link:label>
    <link:label id="lab_country_ID_label_en-US" xlink:label="lab_country_ID" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">INDONESIA</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_country_ID" xlink:href="https://xbrl.sec.gov/country/2025/country-2025.xsd#country_ID"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_ID" xlink:to="lab_country_ID" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsPaidOrdinarySharesPerShare_01a03970-a0f5-7e3b-9d41-0160086354e1_terseLabel_en-US" xlink:label="lab_ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends paid (in CAD per share)</link:label>
    <link:label id="lab_ifrs-full_DividendsPaidOrdinarySharesPerShare_label_en-US" xlink:label="lab_ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends paid, ordinary shares per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaidOrdinarySharesPerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:to="lab_ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_TheoreticalImpactToProfitLossFromIncreaseInCommoditySensitivity_01a03970-a05a-79a1-94f7-d163321b032a_terseLabel_en-US" xlink:label="lab_cve_TheoreticalImpactToProfitLossFromIncreaseInCommoditySensitivity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase</link:label>
    <link:label id="lab_cve_TheoreticalImpactToProfitLossFromIncreaseInCommoditySensitivity_label_en-US" xlink:label="lab_cve_TheoreticalImpactToProfitLossFromIncreaseInCommoditySensitivity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Theoretical Impact To Profit Loss From Increase In Commodity Sensitivity</link:label>
    <link:label id="lab_cve_TheoreticalImpactToProfitLossFromIncreaseInCommoditySensitivity_documentation_en-US" xlink:label="lab_cve_TheoreticalImpactToProfitLossFromIncreaseInCommoditySensitivity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Theoretical impact to profit loss from increase in commodity sensitivity.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_TheoreticalImpactToProfitLossFromIncreaseInCommoditySensitivity" xlink:href="cve-20260930.xsd#cve_TheoreticalImpactToProfitLossFromIncreaseInCommoditySensitivity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_TheoreticalImpactToProfitLossFromIncreaseInCommoditySensitivity" xlink:to="lab_cve_TheoreticalImpactToProfitLossFromIncreaseInCommoditySensitivity" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable_01a03970-a0f5-7334-8238-6cd5d4ba3860_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of transactions between related parties [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="lab_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BottomOfRangeMember_01a03970-a05a-72f0-8874-f1bb1afdab10_terseLabel_en-US" xlink:label="lab_ifrs-full_BottomOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum</link:label>
    <link:label id="lab_ifrs-full_BottomOfRangeMember_label_en-US" xlink:label="lab_ifrs-full_BottomOfRangeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Bottom of range [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BottomOfRangeMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BottomOfRangeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BottomOfRangeMember" xlink:to="lab_ifrs-full_BottomOfRangeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture_01a03970-9f7c-75b1-ae33-af48b927cbcb_terseLabel_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Share of equity investment</link:label>
    <link:label id="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture_label_en-US" xlink:label="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proportion of ownership interest in joint venture</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProportionOfOwnershipInterestInJointVenture"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:to="lab_ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_MEGEnergyCorpMember_01a03970-a0f5-79cf-a04a-8e521a2505c3_terseLabel_en-US" xlink:label="lab_cve_MEGEnergyCorpMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">MEG Energy Corp</link:label>
    <link:label id="lab_cve_MEGEnergyCorpMember_label_en-US" xlink:label="lab_cve_MEGEnergyCorpMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">MEG Energy Corp [Member]</link:label>
    <link:label id="lab_cve_MEGEnergyCorpMember_documentation_en-US" xlink:label="lab_cve_MEGEnergyCorpMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">MEG Energy Corp</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_MEGEnergyCorpMember" xlink:href="cve-20260930.xsd#cve_MEGEnergyCorpMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_MEGEnergyCorpMember" xlink:to="lab_cve_MEGEnergyCorpMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DepreciationPropertyPlantAndEquipment_01a03970-a05a-7c5a-b8d0-13ed80a5d6e2_terseLabel_en-US" xlink:label="lab_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation, Depletion and Amortization</link:label>
    <link:label id="lab_ifrs-full_DepreciationPropertyPlantAndEquipment_label_en-US" xlink:label="lab_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, property, plant and equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DepreciationPropertyPlantAndEquipment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:to="lab_ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentTaxAssetsCurrent_01a03970-a0f5-7c8c-96ac-530b0b107f2b_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentTaxAssetsCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Tax Receivable</link:label>
    <link:label id="lab_ifrs-full_CurrentTaxAssetsCurrent_label_en-US" xlink:label="lab_ifrs-full_CurrentTaxAssetsCurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current tax assets, current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentTaxAssetsCurrent" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentTaxAssetsCurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTaxAssetsCurrent" xlink:to="lab_ifrs-full_CurrentTaxAssetsCurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CategoriesOfRelatedPartiesAxis_01a03970-a05a-7d85-b4a9-d568fe091677_terseLabel_en-US" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Categories of related parties [axis]</link:label>
    <link:label id="lab_ifrs-full_CategoriesOfRelatedPartiesAxis_label_en-US" xlink:label="lab_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Categories of related parties [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:to="lab_ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfComponentsOfIncomeTaxExpenseContinuingOperationsExplanatoryTableTextBlock_01a03970-a0f4-75c0-be03-1dd6a9f11616_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfComponentsOfIncomeTaxExpenseContinuingOperationsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Provision for Income Taxes</link:label>
    <link:label id="lab_cve_DisclosureOfComponentsOfIncomeTaxExpenseContinuingOperationsExplanatoryTableTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfComponentsOfIncomeTaxExpenseContinuingOperationsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Components Of Income Tax Expense Continuing Operations Explanatory [Table Text Block]</link:label>
    <link:label id="lab_cve_DisclosureOfComponentsOfIncomeTaxExpenseContinuingOperationsExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_cve_DisclosureOfComponentsOfIncomeTaxExpenseContinuingOperationsExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The disclosure of components of income tax expense continuing operations.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfComponentsOfIncomeTaxExpenseContinuingOperationsExplanatoryTableTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfComponentsOfIncomeTaxExpenseContinuingOperationsExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfComponentsOfIncomeTaxExpenseContinuingOperationsExplanatoryTableTextBlock" xlink:to="lab_cve_DisclosureOfComponentsOfIncomeTaxExpenseContinuingOperationsExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems_01a03970-a05b-740f-a7a9-98cfc17ce2bc_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about borrowings [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:to="lab_ifrs-full_DisclosureOfDetailedInformationAboutBorrowingsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CurrentPrepaidsAndDeposits_01a03970-a05a-73d3-8551-a5cc232e58ed_terseLabel_en-US" xlink:label="lab_cve_CurrentPrepaidsAndDeposits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prepaids and Deposits</link:label>
    <link:label id="lab_cve_CurrentPrepaidsAndDeposits_label_en-US" xlink:label="lab_cve_CurrentPrepaidsAndDeposits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Prepaids And Deposits</link:label>
    <link:label id="lab_cve_CurrentPrepaidsAndDeposits_documentation_en-US" xlink:label="lab_cve_CurrentPrepaidsAndDeposits" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Current prepaids and deposits.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CurrentPrepaidsAndDeposits" xlink:href="cve-20260930.xsd#cve_CurrentPrepaidsAndDeposits"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CurrentPrepaidsAndDeposits" xlink:to="lab_cve_CurrentPrepaidsAndDeposits" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CanadianRefiningMember_01a03970-a0f5-70d6-934c-11d44d90f230_terseLabel_en-US" xlink:label="lab_cve_CanadianRefiningMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Canadian Refining</link:label>
    <link:label id="lab_cve_CanadianRefiningMember_label_en-US" xlink:label="lab_cve_CanadianRefiningMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Canadian Refining [Member]</link:label>
    <link:label id="lab_cve_CanadianRefiningMember_documentation_en-US" xlink:label="lab_cve_CanadianRefiningMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Canadian Refining</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CanadianRefiningMember" xlink:href="cve-20260930.xsd#cve_CanadianRefiningMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CanadianRefiningMember" xlink:to="lab_cve_CanadianRefiningMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember_01a03970-a0f5-73da-b344-305c70bbc0f0_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Thereafter</link:label>
    <link:label id="lab_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than five years and not later than ten years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:to="lab_ifrs-full_LaterThanFiveYearsAndNotLaterThanTenYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_ReclassificationsOnDivestituresRelatingToComponentsOfOtherComprehensiveIncome_01a03970-a0f5-7724-80b7-85c06f947a79_terseLabel_en-US" xlink:label="lab_cve_ReclassificationsOnDivestituresRelatingToComponentsOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Reclassification on Divestiture (Note 8)</link:label>
    <link:label id="lab_cve_ReclassificationsOnDivestituresRelatingToComponentsOfOtherComprehensiveIncome_label_en-US" xlink:label="lab_cve_ReclassificationsOnDivestituresRelatingToComponentsOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reclassifications On Divestitures Relating To Components Of Other Comprehensive Income</link:label>
    <link:label id="lab_cve_ReclassificationsOnDivestituresRelatingToComponentsOfOtherComprehensiveIncome_documentation_en-US" xlink:label="lab_cve_ReclassificationsOnDivestituresRelatingToComponentsOfOtherComprehensiveIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reclassifications On Divestitures Relating To Components Of Other Comprehensive Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ReclassificationsOnDivestituresRelatingToComponentsOfOtherComprehensiveIncome" xlink:href="cve-20260930.xsd#cve_ReclassificationsOnDivestituresRelatingToComponentsOfOtherComprehensiveIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ReclassificationsOnDivestituresRelatingToComponentsOfOtherComprehensiveIncome" xlink:to="lab_cve_ReclassificationsOnDivestituresRelatingToComponentsOfOtherComprehensiveIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember_01a03970-a0f5-734b-a82d-40bbbee6253b_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Years 4 and 5</link:label>
    <link:label id="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than three years and not later than five years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:to="lab_ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NaturalGasContractsMember_01a03970-a0f5-7801-a18a-9b8ca8ad4a89_terseLabel_en-US" xlink:label="lab_cve_NaturalGasContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Natural Gas Contracts</link:label>
    <link:label id="lab_cve_NaturalGasContractsMember_label_en-US" xlink:label="lab_cve_NaturalGasContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Natural Gas Contracts [Member]</link:label>
    <link:label id="lab_cve_NaturalGasContractsMember_documentation_en-US" xlink:label="lab_cve_NaturalGasContractsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Natural Gas Contracts</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NaturalGasContractsMember" xlink:href="cve-20260930.xsd#cve_NaturalGasContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NaturalGasContractsMember" xlink:to="lab_cve_NaturalGasContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable_01a03970-a05b-79e7-b77d-682b6a05cfd2_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="lab_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_LeaseLiabilitiesDivestitures_01a03970-a05b-70d5-a7d7-adfc41a37cea_terseLabel_en-US" xlink:label="lab_cve_LeaseLiabilitiesDivestitures" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Divestitures (Note 8)</link:label>
    <link:label id="lab_cve_LeaseLiabilitiesDivestitures_label_en-US" xlink:label="lab_cve_LeaseLiabilitiesDivestitures" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Lease Liabilities, Divestitures</link:label>
    <link:label id="lab_cve_LeaseLiabilitiesDivestitures_documentation_en-US" xlink:label="lab_cve_LeaseLiabilitiesDivestitures" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Lease Liabilities, Divestitures</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_LeaseLiabilitiesDivestitures" xlink:href="cve-20260930.xsd#cve_LeaseLiabilitiesDivestitures"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_LeaseLiabilitiesDivestitures" xlink:to="lab_cve_LeaseLiabilitiesDivestitures" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_01a03970-a0f5-7538-9d94-cb6f2a5249aa_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">PROPERTY, PLANT AND EQUIPMENT, NET</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of property, plant and equipment [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:to="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RVOIncludedInOtherLiabilitiesGross_01a03970-a05b-7838-a9ad-3ab14f23989d_terseLabel_en-US" xlink:label="lab_cve_RVOIncludedInOtherLiabilitiesGross" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">RVO included in other liabilities, gross</link:label>
    <link:label id="lab_cve_RVOIncludedInOtherLiabilitiesGross_label_en-US" xlink:label="lab_cve_RVOIncludedInOtherLiabilitiesGross" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">RVO Included In Other Liabilities, Gross</link:label>
    <link:label id="lab_cve_RVOIncludedInOtherLiabilitiesGross_documentation_en-US" xlink:label="lab_cve_RVOIncludedInOtherLiabilitiesGross" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">RVO Included In Other Liabilities, Gross</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RVOIncludedInOtherLiabilitiesGross" xlink:href="cve-20260930.xsd#cve_RVOIncludedInOtherLiabilitiesGross"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RVOIncludedInOtherLiabilitiesGross" xlink:to="lab_cve_RVOIncludedInOtherLiabilitiesGross" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProfitLoss_01a03970-a0f5-7f3d-94e8-fb71d04afbfc_totalLabel_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net Earnings (Loss)</link:label>
    <link:label id="lab_ifrs-full_ProfitLoss_01a03970-a0f5-7e7a-9032-c73cd1ca3223_terseLabel_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Earnings (Loss)</link:label>
    <link:label id="lab_ifrs-full_ProfitLoss_label_en-US" xlink:label="lab_ifrs-full_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Profit (loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProfitLoss" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProfitLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProfitLoss" xlink:to="lab_ifrs-full_ProfitLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RenewableEnergyContractsMember_01a03970-a0f5-75dc-b2e0-4454ff094b06_terseLabel_en-US" xlink:label="lab_cve_RenewableEnergyContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Renewable Power Contracts</link:label>
    <link:label id="lab_cve_RenewableEnergyContractsMember_label_en-US" xlink:label="lab_cve_RenewableEnergyContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Renewable Energy Contracts [Member]</link:label>
    <link:label id="lab_cve_RenewableEnergyContractsMember_documentation_en-US" xlink:label="lab_cve_RenewableEnergyContractsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Renewable Energy Contracts</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RenewableEnergyContractsMember" xlink:href="cve-20260930.xsd#cve_RenewableEnergyContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RenewableEnergyContractsMember" xlink:to="lab_cve_RenewableEnergyContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NetDeferredTaxAssets_01a03970-a05b-79d4-89be-6c13a4e606a6_terseLabel_en-US" xlink:label="lab_ifrs-full_NetDeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deferred Income Taxes</link:label>
    <link:label id="lab_ifrs-full_NetDeferredTaxAssets_label_en-US" xlink:label="lab_ifrs-full_NetDeferredTaxAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net deferred tax assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NetDeferredTaxAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NetDeferredTaxAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NetDeferredTaxAssets" xlink:to="lab_ifrs-full_NetDeferredTaxAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RevenueFromSaleOfAsphalt_01a03970-a0f5-7d02-a2e6-7a0a98f5e056_verboseLabel_en-US" xlink:label="lab_cve_RevenueFromSaleOfAsphalt" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Asphalt</link:label>
    <link:label id="lab_cve_RevenueFromSaleOfAsphalt_label_en-US" xlink:label="lab_cve_RevenueFromSaleOfAsphalt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revenue From Sale Of Asphalt</link:label>
    <link:label id="lab_cve_RevenueFromSaleOfAsphalt_documentation_en-US" xlink:label="lab_cve_RevenueFromSaleOfAsphalt" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revenue From Sale Of Asphalt</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RevenueFromSaleOfAsphalt" xlink:href="cve-20260930.xsd#cve_RevenueFromSaleOfAsphalt"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RevenueFromSaleOfAsphalt" xlink:to="lab_cve_RevenueFromSaleOfAsphalt" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_UndrawnBorrowingFacilitiesForGeneralPurposes_01a03970-a05a-7d68-870e-770def9a8bd0_terseLabel_en-US" xlink:label="lab_cve_UndrawnBorrowingFacilitiesForGeneralPurposes" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amount of undrawn facilities for general purposes</link:label>
    <link:label id="lab_cve_UndrawnBorrowingFacilitiesForGeneralPurposes_label_en-US" xlink:label="lab_cve_UndrawnBorrowingFacilitiesForGeneralPurposes" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Undrawn Borrowing Facilities For General Purposes</link:label>
    <link:label id="lab_cve_UndrawnBorrowingFacilitiesForGeneralPurposes_documentation_en-US" xlink:label="lab_cve_UndrawnBorrowingFacilitiesForGeneralPurposes" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of undrawn borrowing facilities that may be available for general purposes.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_UndrawnBorrowingFacilitiesForGeneralPurposes" xlink:href="cve-20260930.xsd#cve_UndrawnBorrowingFacilitiesForGeneralPurposes"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_UndrawnBorrowingFacilitiesForGeneralPurposes" xlink:to="lab_cve_UndrawnBorrowingFacilitiesForGeneralPurposes" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RollingTwelveMonthBasisMember_01a03970-a0f5-7202-a350-40edfee5d15e_terseLabel_en-US" xlink:label="lab_cve_RollingTwelveMonthBasisMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rolling Twelve Month Basis</link:label>
    <link:label id="lab_cve_RollingTwelveMonthBasisMember_label_en-US" xlink:label="lab_cve_RollingTwelveMonthBasisMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rolling Twelve Month Basis [Member]</link:label>
    <link:label id="lab_cve_RollingTwelveMonthBasisMember_documentation_en-US" xlink:label="lab_cve_RollingTwelveMonthBasisMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Rolling twelve month basis.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RollingTwelveMonthBasisMember" xlink:href="cve-20260930.xsd#cve_RollingTwelveMonthBasisMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RollingTwelveMonthBasisMember" xlink:to="lab_cve_RollingTwelveMonthBasisMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CapitalRequirementsAxis_01a03970-a05b-7ef1-b6aa-4ccfa513614a_terseLabel_en-US" xlink:label="lab_ifrs-full_CapitalRequirementsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital requirements [axis]</link:label>
    <link:label id="lab_ifrs-full_CapitalRequirementsAxis_label_en-US" xlink:label="lab_ifrs-full_CapitalRequirementsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital requirements [axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CapitalRequirementsAxis" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CapitalRequirementsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CapitalRequirementsAxis" xlink:to="lab_ifrs-full_CapitalRequirementsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_PowerCommodityMember_01a03970-a05a-7027-8de7-01a8390ae6be_terseLabel_en-US" xlink:label="lab_cve_PowerCommodityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Power Commodity</link:label>
    <link:label id="lab_cve_PowerCommodityMember_label_en-US" xlink:label="lab_cve_PowerCommodityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Power Commodity [Member]</link:label>
    <link:label id="lab_cve_PowerCommodityMember_documentation_en-US" xlink:label="lab_cve_PowerCommodityMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Power Commodity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_PowerCommodityMember" xlink:href="cve-20260930.xsd#cve_PowerCommodityMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_PowerCommodityMember" xlink:to="lab_cve_PowerCommodityMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AmendmentFlag_01a03970-a0f5-715d-beaa-d820265792cf_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_label_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentFlag"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag" xlink:to="lab_dei_AmendmentFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ComponentsOfEquityDomain_01a03970-a05b-734a-a964-1ffd9f822f29_terseLabel_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Components of equity</link:label>
    <link:label id="lab_ifrs-full_ComponentsOfEquityDomain_label_en-US" xlink:label="lab_ifrs-full_ComponentsOfEquityDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Components of equity [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ComponentsOfEquityDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ComponentsOfEquityDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ComponentsOfEquityDomain" xlink:to="lab_ifrs-full_ComponentsOfEquityDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DividendsPaid_01a03970-a05b-7c80-bf9e-33bca4857f09_negatedLabel_en-US" xlink:label="lab_ifrs-full_DividendsPaid" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Dividends paid</link:label>
    <link:label id="lab_ifrs-full_DividendsPaid_01a03970-a05b-7926-a11c-656991dfcdf3_terseLabel_en-US" xlink:label="lab_ifrs-full_DividendsPaid" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends paid on common shares</link:label>
    <link:label id="lab_ifrs-full_DividendsPaid_label_en-US" xlink:label="lab_ifrs-full_DividendsPaid" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends recognised as distributions to owners</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DividendsPaid" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DividendsPaid"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DividendsPaid" xlink:to="lab_ifrs-full_DividendsPaid" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems_01a03970-9f7c-77b0-968b-5542c75875bf_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of operating segments [line items]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of operating segments [line items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfOperatingSegmentsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:to="lab_ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_AcquisitionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets_01a03970-a05b-7964-bd3e-62d95fa83fec_terseLabel_en-US" xlink:label="lab_cve_AcquisitionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Acquisitions</link:label>
    <link:label id="lab_cve_AcquisitionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets_label_en-US" xlink:label="lab_cve_AcquisitionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Acquisitions Other Than Through Business Combinations Property Plant And Equipment And Exploration And Evaluation Assets</link:label>
    <link:label id="lab_cve_AcquisitionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets_documentation_en-US" xlink:label="lab_cve_AcquisitionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Acquisitions other than through business combinations property plant and equipment and exploration and evaluation assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_AcquisitionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets" xlink:href="cve-20260930.xsd#cve_AcquisitionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_AcquisitionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets" xlink:to="lab_cve_AcquisitionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipmentAndExplorationAndEvaluationAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfDetailedInformationAboutTradeAndOtherReceivablesExplanatoryTableTextBlock_01a03970-a0f5-777b-9b84-394f3eec2614_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfDetailedInformationAboutTradeAndOtherReceivablesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Accounts Receivable and Accrued Revenues</link:label>
    <link:label id="lab_cve_DisclosureOfDetailedInformationAboutTradeAndOtherReceivablesExplanatoryTableTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfDetailedInformationAboutTradeAndOtherReceivablesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Detailed Information About Trade And Other Receivables Explanatory [Table Text Block]</link:label>
    <link:label id="lab_cve_DisclosureOfDetailedInformationAboutTradeAndOtherReceivablesExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_cve_DisclosureOfDetailedInformationAboutTradeAndOtherReceivablesExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about trade and other receivables explanatory.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfDetailedInformationAboutTradeAndOtherReceivablesExplanatoryTableTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfDetailedInformationAboutTradeAndOtherReceivablesExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfDetailedInformationAboutTradeAndOtherReceivablesExplanatoryTableTextBlock" xlink:to="lab_cve_DisclosureOfDetailedInformationAboutTradeAndOtherReceivablesExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfUpdateToSignificantAccountingPoliciesTextBlock_01a03970-9f7c-7fe3-a263-8d6c09a9990e_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfUpdateToSignificantAccountingPoliciesTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">UPDATE TO ACCOUNTING POLICIES</link:label>
    <link:label id="lab_cve_DisclosureOfUpdateToSignificantAccountingPoliciesTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfUpdateToSignificantAccountingPoliciesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Update To Significant Accounting Policies [Text Block]</link:label>
    <link:label id="lab_cve_DisclosureOfUpdateToSignificantAccountingPoliciesTextBlock_documentation_en-US" xlink:label="lab_cve_DisclosureOfUpdateToSignificantAccountingPoliciesTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The entire disclosure for update to significant accounting policies.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfUpdateToSignificantAccountingPoliciesTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfUpdateToSignificantAccountingPoliciesTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfUpdateToSignificantAccountingPoliciesTextBlock" xlink:to="lab_cve_DisclosureOfUpdateToSignificantAccountingPoliciesTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_StockRepurchaseProgramRepurchasedAmountSharesUnderNCIB_01a03970-a05b-70ed-9c30-75e791720ee8_terseLabel_en-US" xlink:label="lab_cve_StockRepurchaseProgramRepurchasedAmountSharesUnderNCIB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Purchase of Common Shares Under NCIB (in shares)</link:label>
    <link:label id="lab_cve_StockRepurchaseProgramRepurchasedAmountSharesUnderNCIB_01a03970-a05b-7136-8651-d1f2539a111d_negatedTerseLabel_en-US" xlink:label="lab_cve_StockRepurchaseProgramRepurchasedAmountSharesUnderNCIB" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Purchases of common shares under NCIB (in shares)</link:label>
    <link:label id="lab_cve_StockRepurchaseProgramRepurchasedAmountSharesUnderNCIB_label_en-US" xlink:label="lab_cve_StockRepurchaseProgramRepurchasedAmountSharesUnderNCIB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Repurchase Program, Repurchased Amount, Shares Under NCIB</link:label>
    <link:label id="lab_cve_StockRepurchaseProgramRepurchasedAmountSharesUnderNCIB_documentation_en-US" xlink:label="lab_cve_StockRepurchaseProgramRepurchasedAmountSharesUnderNCIB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Stock Repurchase Program, Repurchased Amount, Shares Under NCIB</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_StockRepurchaseProgramRepurchasedAmountSharesUnderNCIB" xlink:href="cve-20260930.xsd#cve_StockRepurchaseProgramRepurchasedAmountSharesUnderNCIB"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_StockRepurchaseProgramRepurchasedAmountSharesUnderNCIB" xlink:to="lab_cve_StockRepurchaseProgramRepurchasedAmountSharesUnderNCIB" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RevolvingTermDebtMember_01a03970-a0f5-7ae2-b17c-8fa2e313d8be_terseLabel_en-US" xlink:label="lab_cve_RevolvingTermDebtMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Revolving Term Debt</link:label>
    <link:label id="lab_cve_RevolvingTermDebtMember_label_en-US" xlink:label="lab_cve_RevolvingTermDebtMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revolving Term Debt [Member]</link:label>
    <link:label id="lab_cve_RevolvingTermDebtMember_documentation_en-US" xlink:label="lab_cve_RevolvingTermDebtMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Revolving term debt.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RevolvingTermDebtMember" xlink:href="cve-20260930.xsd#cve_RevolvingTermDebtMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RevolvingTermDebtMember" xlink:to="lab_cve_RevolvingTermDebtMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory_01a03970-a05a-781f-b7d2-4534c18dee77_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">DESCRIPTION OF BUSINESS AND SEGMENTED DISCLOSURES</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of entity's operating segments [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DepreciationRightofuseAssets_01a03970-a0f5-70d3-8ba1-bf2c58b512fc_terseLabel_en-US" xlink:label="lab_ifrs-full_DepreciationRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation</link:label>
    <link:label id="lab_ifrs-full_DepreciationRightofuseAssets_label_en-US" xlink:label="lab_ifrs-full_DepreciationRightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, right-of-use assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DepreciationRightofuseAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DepreciationRightofuseAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DepreciationRightofuseAssets" xlink:to="lab_ifrs-full_DepreciationRightofuseAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ProvisionUsedOtherProvisions_01a03970-a05a-7847-ae01-f4d291b6dcdd_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_ProvisionUsedOtherProvisions" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Liabilities Settled</link:label>
    <link:label id="lab_ifrs-full_ProvisionUsedOtherProvisions_label_en-US" xlink:label="lab_ifrs-full_ProvisionUsedOtherProvisions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Provision used, other provisions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ProvisionUsedOtherProvisions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ProvisionUsedOtherProvisions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ProvisionUsedOtherProvisions" xlink:to="lab_ifrs-full_ProvisionUsedOtherProvisions" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DivestituresAbstract_01a03970-a05a-7dc6-baf5-352286864a38_terseLabel_en-US" xlink:label="lab_cve_DivestituresAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Divestitures [Abstract]</link:label>
    <link:label id="lab_cve_DivestituresAbstract_label_en-US" xlink:label="lab_cve_DivestituresAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Divestitures [Abstract]</link:label>
    <link:label id="lab_cve_DivestituresAbstract_documentation_en-US" xlink:label="lab_cve_DivestituresAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Divestitures [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DivestituresAbstract" xlink:href="cve-20260930.xsd#cve_DivestituresAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DivestituresAbstract" xlink:to="lab_cve_DivestituresAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfLevelsOfFairValueHierarchyExplanatoryTableTextBlock_01a03970-a05b-75d5-81b1-76a2eed52c7a_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfLevelsOfFairValueHierarchyExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Fair Value Hierarchy for Risk Management Assets and Liabilities Carried at Fair Value</link:label>
    <link:label id="lab_cve_DisclosureOfLevelsOfFairValueHierarchyExplanatoryTableTextBlock_label_en-US" xlink:label="lab_cve_DisclosureOfLevelsOfFairValueHierarchyExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Levels Of Fair Value Hierarchy Explanatory [Table Text Block]</link:label>
    <link:label id="lab_cve_DisclosureOfLevelsOfFairValueHierarchyExplanatoryTableTextBlock_documentation_en-US" xlink:label="lab_cve_DisclosureOfLevelsOfFairValueHierarchyExplanatoryTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of levels of fair value hierarchy.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfLevelsOfFairValueHierarchyExplanatoryTableTextBlock" xlink:href="cve-20260930.xsd#cve_DisclosureOfLevelsOfFairValueHierarchyExplanatoryTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfLevelsOfFairValueHierarchyExplanatoryTableTextBlock" xlink:to="lab_cve_DisclosureOfLevelsOfFairValueHierarchyExplanatoryTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RangeDomain_01a03970-a05b-70ad-82e7-2f6f717d3c88_terseLabel_en-US" xlink:label="lab_ifrs-full_RangeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Range</link:label>
    <link:label id="lab_ifrs-full_RangeDomain_label_en-US" xlink:label="lab_ifrs-full_RangeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Range [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RangeDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RangeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RangeDomain" xlink:to="lab_ifrs-full_RangeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CapitalCommitments_01a03970-a0f5-79fe-948c-8476702dcd4c_totalLabel_en-US" xlink:label="lab_ifrs-full_CapitalCommitments" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total Commitments</link:label>
    <link:label id="lab_ifrs-full_CapitalCommitments_01a03970-a0f5-7075-b855-47f5c0599e6e_terseLabel_en-US" xlink:label="lab_ifrs-full_CapitalCommitments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total commitments</link:label>
    <link:label id="lab_ifrs-full_CapitalCommitments_label_en-US" xlink:label="lab_ifrs-full_CapitalCommitments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital commitments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CapitalCommitments" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CapitalCommitments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CapitalCommitments" xlink:to="lab_ifrs-full_CapitalCommitments" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember_01a03970-a05a-7d01-9ac9-3ca6228fff23_terseLabel_en-US" xlink:label="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ACCUMULATED DEPRECIATION, DEPLETION AND AMORTIZATION</link:label>
    <link:label id="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember_label_en-US" xlink:label="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated depreciation and amortisation [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_AccumulatedDepreciationAndAmortisationMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:to="lab_ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RetainedEarningsMember_01a03970-a0f5-7ac4-a002-e2e93f6c81ef_terseLabel_en-US" xlink:label="lab_ifrs-full_RetainedEarningsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained Earnings</link:label>
    <link:label id="lab_ifrs-full_RetainedEarningsMember_label_en-US" xlink:label="lab_ifrs-full_RetainedEarningsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained earnings [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RetainedEarningsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RetainedEarningsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RetainedEarningsMember" xlink:to="lab_ifrs-full_RetainedEarningsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_TargetNetDebt_01a03970-a0f5-7c8a-9de2-ece01b93b692_terseLabel_en-US" xlink:label="lab_cve_TargetNetDebt" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Target net debt</link:label>
    <link:label id="lab_cve_TargetNetDebt_label_en-US" xlink:label="lab_cve_TargetNetDebt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Target net debt</link:label>
    <link:label id="lab_cve_TargetNetDebt_documentation_en-US" xlink:label="lab_cve_TargetNetDebt" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Target net debt</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_TargetNetDebt" xlink:href="cve-20260930.xsd#cve_TargetNetDebt"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_TargetNetDebt" xlink:to="lab_cve_TargetNetDebt" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_BorrowingsAbstract_01a03970-a05a-7e4d-bc53-8fa2119deba9_terseLabel_en-US" xlink:label="lab_ifrs-full_BorrowingsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings [abstract]</link:label>
    <link:label id="lab_ifrs-full_BorrowingsAbstract_label_en-US" xlink:label="lab_ifrs-full_BorrowingsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Borrowings [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_BorrowingsAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_BorrowingsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_BorrowingsAbstract" xlink:to="lab_ifrs-full_BorrowingsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_RetailAndOtherPropertyPlantAndEquipmentMember_01a03970-9f7c-7522-a182-87556358295f_terseLabel_en-US" xlink:label="lab_cve_RetailAndOtherPropertyPlantAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Assets</link:label>
    <link:label id="lab_cve_RetailAndOtherPropertyPlantAndEquipmentMember_label_en-US" xlink:label="lab_cve_RetailAndOtherPropertyPlantAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retail And Other Property, Plant And Equipment [Member]</link:label>
    <link:label id="lab_cve_RetailAndOtherPropertyPlantAndEquipmentMember_documentation_en-US" xlink:label="lab_cve_RetailAndOtherPropertyPlantAndEquipmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Retail And Other Property, Plant And Equipment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_RetailAndOtherPropertyPlantAndEquipmentMember" xlink:href="cve-20260930.xsd#cve_RetailAndOtherPropertyPlantAndEquipmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_RetailAndOtherPropertyPlantAndEquipmentMember" xlink:to="lab_cve_RetailAndOtherPropertyPlantAndEquipmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RevenueFromInterest_01a03970-a0f5-7d66-a008-6e66636b4d61_negatedTerseLabel_en-US" xlink:label="lab_ifrs-full_RevenueFromInterest" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Interest income</link:label>
    <link:label id="lab_ifrs-full_RevenueFromInterest_label_en-US" xlink:label="lab_ifrs-full_RevenueFromInterest" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RevenueFromInterest" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RevenueFromInterest"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RevenueFromInterest" xlink:to="lab_ifrs-full_RevenueFromInterest" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_01a03970-a05b-701f-8fbb-b726709ced84_terseLabel_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">2 Years</link:label>
    <link:label id="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_label_en-US" xlink:label="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Later than one year and not later than two years [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:to="lab_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CrudeOilAndCondensateContractsMember_01a03970-a0f5-7829-a460-5a9b7b65a379_terseLabel_en-US" xlink:label="lab_cve_CrudeOilAndCondensateContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Crude Oil and Condensate Contracts</link:label>
    <link:label id="lab_cve_CrudeOilAndCondensateContractsMember_label_en-US" xlink:label="lab_cve_CrudeOilAndCondensateContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Crude Oil And Condensate Contracts [Member]</link:label>
    <link:label id="lab_cve_CrudeOilAndCondensateContractsMember_documentation_en-US" xlink:label="lab_cve_CrudeOilAndCondensateContractsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Crude oil and condensate contracts.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CrudeOilAndCondensateContractsMember" xlink:href="cve-20260930.xsd#cve_CrudeOilAndCondensateContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CrudeOilAndCondensateContractsMember" xlink:to="lab_cve_CrudeOilAndCondensateContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_UncommittedDemandFacilityMember_01a03970-a05a-7a58-8169-72a2fca6b7d5_terseLabel_en-US" xlink:label="lab_cve_UncommittedDemandFacilityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Uncommitted Demand Facility</link:label>
    <link:label id="lab_cve_UncommittedDemandFacilityMember_label_en-US" xlink:label="lab_cve_UncommittedDemandFacilityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Uncommitted Demand Facility [Member]</link:label>
    <link:label id="lab_cve_UncommittedDemandFacilityMember_documentation_en-US" xlink:label="lab_cve_UncommittedDemandFacilityMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Uncommitted demand facility.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_UncommittedDemandFacilityMember" xlink:href="cve-20260930.xsd#cve_UncommittedDemandFacilityMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_UncommittedDemandFacilityMember" xlink:to="lab_cve_UncommittedDemandFacilityMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract_01a03970-a0f5-7e34-ade5-3abab2641517_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changes From Financing Cash Flows:</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of reconciliation of liabilities arising from financing activities [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract" xlink:to="lab_ifrs-full_DisclosureOfReconciliationOfLiabilitiesArisingFromFinancingActivitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CapitalRequirementsDomain_01a03970-a05b-730e-a7b9-1a120d490838_terseLabel_en-US" xlink:label="lab_ifrs-full_CapitalRequirementsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital requirements</link:label>
    <link:label id="lab_ifrs-full_CapitalRequirementsDomain_label_en-US" xlink:label="lab_ifrs-full_CapitalRequirementsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital requirements [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CapitalRequirementsDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CapitalRequirementsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CapitalRequirementsDomain" xlink:to="lab_ifrs-full_CapitalRequirementsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CommittedCreditFacilitiesMember_01a03970-a05a-74b9-88a0-78f055c5f6e4_terseLabel_en-US" xlink:label="lab_cve_CommittedCreditFacilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Committed credit facilities</link:label>
    <link:label id="lab_cve_CommittedCreditFacilitiesMember_label_en-US" xlink:label="lab_cve_CommittedCreditFacilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Committed Credit Facilities [Member]</link:label>
    <link:label id="lab_cve_CommittedCreditFacilitiesMember_documentation_en-US" xlink:label="lab_cve_CommittedCreditFacilitiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Committed Credit Facilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CommittedCreditFacilitiesMember" xlink:href="cve-20260930.xsd#cve_CommittedCreditFacilitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CommittedCreditFacilitiesMember" xlink:to="lab_cve_CommittedCreditFacilitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExpectedCreditLossRate_01a03970-a0f5-77cc-a000-09ec5a4d92cf_terseLabel_en-US" xlink:label="lab_ifrs-full_ExpectedCreditLossRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Average expected credit loss rate</link:label>
    <link:label id="lab_ifrs-full_ExpectedCreditLossRate_label_en-US" xlink:label="lab_ifrs-full_ExpectedCreditLossRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expected credit loss rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExpectedCreditLossRate" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExpectedCreditLossRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExpectedCreditLossRate" xlink:to="lab_ifrs-full_ExpectedCreditLossRate" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_ShareRepurchaseProgramReductionToContributedSurplusAverageCarryingValueAmount_01a03970-a0f5-7c98-b192-6daee62711da_terseLabel_en-US" xlink:label="lab_cve_ShareRepurchaseProgramReductionToContributedSurplusAverageCarryingValueAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Average carrying value</link:label>
    <link:label id="lab_cve_ShareRepurchaseProgramReductionToContributedSurplusAverageCarryingValueAmount_label_en-US" xlink:label="lab_cve_ShareRepurchaseProgramReductionToContributedSurplusAverageCarryingValueAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share Repurchase Program, Reduction To Contributed Surplus, Average Carrying Value, Amount</link:label>
    <link:label id="lab_cve_ShareRepurchaseProgramReductionToContributedSurplusAverageCarryingValueAmount_documentation_en-US" xlink:label="lab_cve_ShareRepurchaseProgramReductionToContributedSurplusAverageCarryingValueAmount" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Share Repurchase Program, Reduction To Contributed Surplus, Average Carrying Value, Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ShareRepurchaseProgramReductionToContributedSurplusAverageCarryingValueAmount" xlink:href="cve-20260930.xsd#cve_ShareRepurchaseProgramReductionToContributedSurplusAverageCarryingValueAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ShareRepurchaseProgramReductionToContributedSurplusAverageCarryingValueAmount" xlink:to="lab_cve_ShareRepurchaseProgramReductionToContributedSurplusAverageCarryingValueAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_ReportableSegmentProfitLoss_01a03970-9f7c-7275-8c1b-81230e6e363f_totalLabel_en-US" xlink:label="lab_cve_ReportableSegmentProfitLoss" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Segment Income (Loss)</link:label>
    <link:label id="lab_cve_ReportableSegmentProfitLoss_label_en-US" xlink:label="lab_cve_ReportableSegmentProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Reportable Segment Profit Loss</link:label>
    <link:label id="lab_cve_ReportableSegmentProfitLoss_documentation_en-US" xlink:label="lab_cve_ReportableSegmentProfitLoss" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The profit (loss) from reportable segment.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ReportableSegmentProfitLoss" xlink:href="cve-20260930.xsd#cve_ReportableSegmentProfitLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ReportableSegmentProfitLoss" xlink:to="lab_cve_ReportableSegmentProfitLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_01a03970-9f7c-7698-8f31-116aa5f1cd8d_terseLabel_en-US" xlink:label="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock-Based Compensation, Net of Payments</link:label>
    <link:label id="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets_label_en-US" xlink:label="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Expense from share-based payment transactions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:to="lab_ifrs-full_ExpenseFromSharebasedPaymentTransactionsInWhichGoodsOrServicesReceivedDidNotQualifyForRecognitionAsAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity_01a03970-a05a-7646-963d-e4ca52120a0e_terseLabel_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Warrants Exercised</link:label>
    <link:label id="lab_ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity_label_en-US" xlink:label="lab_ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (decrease) through exercise of warrants, equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity" xlink:to="lab_ifrs-full_IncreaseDecreaseThroughExerciseOfWarrantsEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_ExternalCreditGradesDomain_01a03970-a05b-7c22-8510-0f1746316963_terseLabel_en-US" xlink:label="lab_ifrs-full_ExternalCreditGradesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">External credit grades</link:label>
    <link:label id="lab_ifrs-full_ExternalCreditGradesDomain_label_en-US" xlink:label="lab_ifrs-full_ExternalCreditGradesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">External credit grades [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_ExternalCreditGradesDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_ExternalCreditGradesDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_ExternalCreditGradesDomain" xlink:to="lab_ifrs-full_ExternalCreditGradesDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NumberOfCommonSharesIssuedUponExerciseOfWarrants_01a03970-a05b-7a9f-a725-3093e8ab70c7_terseLabel_en-US" xlink:label="lab_cve_NumberOfCommonSharesIssuedUponExerciseOfWarrants" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Issued Upon Exercise of Warrants (in shares)</link:label>
    <link:label id="lab_cve_NumberOfCommonSharesIssuedUponExerciseOfWarrants_01a03970-a05b-78e7-8799-37fca2c3cac2_negatedTerseLabel_en-US" xlink:label="lab_cve_NumberOfCommonSharesIssuedUponExerciseOfWarrants" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Exercised (in shares)</link:label>
    <link:label id="lab_cve_NumberOfCommonSharesIssuedUponExerciseOfWarrants_label_en-US" xlink:label="lab_cve_NumberOfCommonSharesIssuedUponExerciseOfWarrants" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Common Shares Issued Upon Exercise of Warrants</link:label>
    <link:label id="lab_cve_NumberOfCommonSharesIssuedUponExerciseOfWarrants_documentation_en-US" xlink:label="lab_cve_NumberOfCommonSharesIssuedUponExerciseOfWarrants" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Common Shares Issued Upon Exercise of Warrants</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NumberOfCommonSharesIssuedUponExerciseOfWarrants" xlink:href="cve-20260930.xsd#cve_NumberOfCommonSharesIssuedUponExerciseOfWarrants"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NumberOfCommonSharesIssuedUponExerciseOfWarrants" xlink:to="lab_cve_NumberOfCommonSharesIssuedUponExerciseOfWarrants" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CarryingAmountMember_01a03970-a0f5-76b6-950c-2e3b3b3271aa_terseLabel_en-US" xlink:label="lab_ifrs-full_CarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Carrying amount</link:label>
    <link:label id="lab_ifrs-full_CarryingAmountMember_label_en-US" xlink:label="lab_ifrs-full_CarryingAmountMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Carrying amount [member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CarryingAmountMember" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CarryingAmountMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CarryingAmountMember" xlink:to="lab_ifrs-full_CarryingAmountMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentTaxAssetsNoncurrent_01a03970-a05b-7af2-ab59-74ef193c9398_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentTaxAssetsNoncurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Tax Receivable</link:label>
    <link:label id="lab_ifrs-full_CurrentTaxAssetsNoncurrent_label_en-US" xlink:label="lab_ifrs-full_CurrentTaxAssetsNoncurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current tax assets, non-current</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentTaxAssetsNoncurrent" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentTaxAssetsNoncurrent"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentTaxAssetsNoncurrent" xlink:to="lab_ifrs-full_CurrentTaxAssetsNoncurrent" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_NotionalAmount_01a03970-a05b-7936-b0a9-15fa9a03550a_verboseLabel_en-US" xlink:label="lab_ifrs-full_NotionalAmount" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Notional value</link:label>
    <link:label id="lab_ifrs-full_NotionalAmount_label_en-US" xlink:label="lab_ifrs-full_NotionalAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notional amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_NotionalAmount" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_NotionalAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_NotionalAmount" xlink:to="lab_ifrs-full_NotionalAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_ExchangeRateContractsMember_01a03970-a05b-7e4c-9d10-1a93b040a048_terseLabel_en-US" xlink:label="lab_cve_ExchangeRateContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Foreign Exchange Rate Contracts</link:label>
    <link:label id="lab_cve_ExchangeRateContractsMember_label_en-US" xlink:label="lab_cve_ExchangeRateContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Exchange Rate Contracts [Member]</link:label>
    <link:label id="lab_cve_ExchangeRateContractsMember_documentation_en-US" xlink:label="lab_cve_ExchangeRateContractsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Exchange Rate Contracts</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_ExchangeRateContractsMember" xlink:href="cve-20260930.xsd#cve_ExchangeRateContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_ExchangeRateContractsMember" xlink:to="lab_cve_ExchangeRateContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CurrentLeaseLiabilities_01a03970-a05a-7ad6-9973-42f76b7a116f_terseLabel_en-US" xlink:label="lab_ifrs-full_CurrentLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Lease Liabilities</link:label>
    <link:label id="lab_ifrs-full_CurrentLeaseLiabilities_label_en-US" xlink:label="lab_ifrs-full_CurrentLeaseLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current lease liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CurrentLeaseLiabilities" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_CurrentLeaseLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CurrentLeaseLiabilities" xlink:to="lab_ifrs-full_CurrentLeaseLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions_01a03970-a05a-7bd1-9463-ff831129b809_terseLabel_en-US" xlink:label="lab_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transportation Expenses</link:label>
    <link:label id="lab_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions_label_en-US" xlink:label="lab_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Purchases of goods, related party transactions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_PurchasesOfGoodsRelatedPartyTransactions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:to="lab_ifrs-full_PurchasesOfGoodsRelatedPartyTransactions" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_SettledLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination_01a03970-a0f5-7e5e-af1e-a9857fc79e33_terseLabel_en-US" xlink:label="lab_ifrs-full_SettledLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Settled liabilities, contingent liabilities recognised in business combination</link:label>
    <link:label id="lab_ifrs-full_SettledLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination_label_en-US" xlink:label="lab_ifrs-full_SettledLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Settled liabilities, contingent liabilities recognised in business combination</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_SettledLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_SettledLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_SettledLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination" xlink:to="lab_ifrs-full_SettledLiabilitiesContingentLiabilitiesRecognisedInBusinessCombination" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_TermLoanFacilityMember_01a03970-a05a-7758-8591-f4f84a9d806c_terseLabel_en-US" xlink:label="lab_cve_TermLoanFacilityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Term Loan Facility</link:label>
    <link:label id="lab_cve_TermLoanFacilityMember_label_en-US" xlink:label="lab_cve_TermLoanFacilityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Term Loan Facility [Member]</link:label>
    <link:label id="lab_cve_TermLoanFacilityMember_documentation_en-US" xlink:label="lab_cve_TermLoanFacilityMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Term Loan Facility</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_TermLoanFacilityMember" xlink:href="cve-20260930.xsd#cve_TermLoanFacilityMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_TermLoanFacilityMember" xlink:to="lab_cve_TermLoanFacilityMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_AdjustmentsForDecreaseIncreaseInIncomeTaxReceivables_01a03970-a0f5-761b-a7b4-ccb7b5cbc71c_negatedTerseLabel_en-US" xlink:label="lab_cve_AdjustmentsForDecreaseIncreaseInIncomeTaxReceivables" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Income Tax Receivable</link:label>
    <link:label id="lab_cve_AdjustmentsForDecreaseIncreaseInIncomeTaxReceivables_label_en-US" xlink:label="lab_cve_AdjustmentsForDecreaseIncreaseInIncomeTaxReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustments for decrease (increase) in income tax receivables</link:label>
    <link:label id="lab_cve_AdjustmentsForDecreaseIncreaseInIncomeTaxReceivables_documentation_en-US" xlink:label="lab_cve_AdjustmentsForDecreaseIncreaseInIncomeTaxReceivables" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Adjustments for decrease (increase) in income tax receivables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_AdjustmentsForDecreaseIncreaseInIncomeTaxReceivables" xlink:href="cve-20260930.xsd#cve_AdjustmentsForDecreaseIncreaseInIncomeTaxReceivables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_AdjustmentsForDecreaseIncreaseInIncomeTaxReceivables" xlink:to="lab_cve_AdjustmentsForDecreaseIncreaseInIncomeTaxReceivables" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CurrentTradeReceivablesAndAccruedIncome_01a03970-a0f5-7d11-8546-b90c4dbabe68_terseLabel_en-US" xlink:label="lab_cve_CurrentTradeReceivablesAndAccruedIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trade and Accruals (1)</link:label>
    <link:label id="lab_cve_CurrentTradeReceivablesAndAccruedIncome_label_en-US" xlink:label="lab_cve_CurrentTradeReceivablesAndAccruedIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Current Trade Receivables And Accrued Income</link:label>
    <link:label id="lab_cve_CurrentTradeReceivablesAndAccruedIncome_documentation_en-US" xlink:label="lab_cve_CurrentTradeReceivablesAndAccruedIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Current Trade Receivables And Accrued Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CurrentTradeReceivablesAndAccruedIncome" xlink:href="cve-20260930.xsd#cve_CurrentTradeReceivablesAndAccruedIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CurrentTradeReceivablesAndAccruedIncome" xlink:to="lab_cve_CurrentTradeReceivablesAndAccruedIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" xlink:to="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DilutedEarningsLossPerShare_01a03970-a0f5-7402-9c0f-c5558ceafc53_terseLabel_en-US" xlink:label="lab_ifrs-full_DilutedEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net earnings (loss) per share &#8212; diluted (CAD per share)</link:label>
    <link:label id="lab_ifrs-full_DilutedEarningsLossPerShare_01a03970-a0f5-7be1-86f7-05937adc56e1_verboseLabel_en-US" xlink:label="lab_ifrs-full_DilutedEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net earnings (loss) per common share &#8212; diluted (CAD per share)</link:label>
    <link:label id="lab_ifrs-full_DilutedEarningsLossPerShare_label_en-US" xlink:label="lab_ifrs-full_DilutedEarningsLossPerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Diluted earnings (loss) per share</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DilutedEarningsLossPerShare" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DilutedEarningsLossPerShare"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DilutedEarningsLossPerShare" xlink:to="lab_ifrs-full_DilutedEarningsLossPerShare" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_WCSHardistyMember_01a03970-a0f4-7501-a66c-d8d67ad0bffa_terseLabel_en-US" xlink:label="lab_cve_WCSHardistyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">WCS Hardisty</link:label>
    <link:label id="lab_cve_WCSHardistyMember_label_en-US" xlink:label="lab_cve_WCSHardistyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">WCS Hardisty [Member]</link:label>
    <link:label id="lab_cve_WCSHardistyMember_documentation_en-US" xlink:label="lab_cve_WCSHardistyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">WCS Hardisty</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_WCSHardistyMember" xlink:href="cve-20260930.xsd#cve_WCSHardistyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_WCSHardistyMember" xlink:to="lab_cve_WCSHardistyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_FairValueOfContractsEnteredIntoDuringPeriod_01a03970-a05a-733a-a5af-aaac62e1eee2_terseLabel_en-US" xlink:label="lab_cve_FairValueOfContractsEnteredIntoDuringPeriod" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in Fair Value of Contracts Entered Into During the Period</link:label>
    <link:label id="lab_cve_FairValueOfContractsEnteredIntoDuringPeriod_label_en-US" xlink:label="lab_cve_FairValueOfContractsEnteredIntoDuringPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Of Contracts Entered Into During Period</link:label>
    <link:label id="lab_cve_FairValueOfContractsEnteredIntoDuringPeriod_documentation_en-US" xlink:label="lab_cve_FairValueOfContractsEnteredIntoDuringPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair Value Of Contracts Entered Into During Period</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_FairValueOfContractsEnteredIntoDuringPeriod" xlink:href="cve-20260930.xsd#cve_FairValueOfContractsEnteredIntoDuringPeriod"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_FairValueOfContractsEnteredIntoDuringPeriod" xlink:to="lab_cve_FairValueOfContractsEnteredIntoDuringPeriod" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_MaturityDomain_01a03970-a05a-7246-ae52-eb8f3163b774_terseLabel_en-US" xlink:label="lab_ifrs-full_MaturityDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maturity</link:label>
    <link:label id="lab_ifrs-full_MaturityDomain_label_en-US" xlink:label="lab_ifrs-full_MaturityDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maturity [domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_MaturityDomain" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_MaturityDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_MaturityDomain" xlink:to="lab_ifrs-full_MaturityDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_RightofuseAssets_01a03970-a05b-7521-9960-eb265dceb1f8_terseLabel_en-US" xlink:label="lab_ifrs-full_RightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Right-of-Use Assets, Net</link:label>
    <link:label id="lab_ifrs-full_RightofuseAssets_01a03970-a05b-729f-9979-a131bb3bd724_verboseLabel_en-US" xlink:label="lab_ifrs-full_RightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Right-of-use assets</link:label>
    <link:label id="lab_ifrs-full_RightofuseAssets_01a03970-a05b-7146-8e8f-0312cd3c38e9_periodStartLabel_en-US" xlink:label="lab_ifrs-full_RightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance at beginning of period</link:label>
    <link:label id="lab_ifrs-full_RightofuseAssets_01a03970-a05b-7e40-b6f7-a05d0d4ff0f1_periodEndLabel_en-US" xlink:label="lab_ifrs-full_RightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance at end of period</link:label>
    <link:label id="lab_ifrs-full_RightofuseAssets_label_en-US" xlink:label="lab_ifrs-full_RightofuseAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Right-of-use assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_RightofuseAssets" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_RightofuseAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_RightofuseAssets" xlink:to="lab_ifrs-full_RightofuseAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable_01a03970-a05a-7fa1-9d7e-0dae2c70dfe5_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of terms and conditions of share-based payment arrangement [table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:to="lab_ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_LettersOfCreditIssuedAsSecurityForPerformance_01a03970-9f7c-7560-bc24-305a7b109d6a_terseLabel_en-US" xlink:label="lab_cve_LettersOfCreditIssuedAsSecurityForPerformance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Outstanding letters of credit</link:label>
    <link:label id="lab_cve_LettersOfCreditIssuedAsSecurityForPerformance_label_en-US" xlink:label="lab_cve_LettersOfCreditIssuedAsSecurityForPerformance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Letters Of Credit Issued As Security For Performance</link:label>
    <link:label id="lab_cve_LettersOfCreditIssuedAsSecurityForPerformance_documentation_en-US" xlink:label="lab_cve_LettersOfCreditIssuedAsSecurityForPerformance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Letters of credit issued as security for performance.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_LettersOfCreditIssuedAsSecurityForPerformance" xlink:href="cve-20260930.xsd#cve_LettersOfCreditIssuedAsSecurityForPerformance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_LettersOfCreditIssuedAsSecurityForPerformance" xlink:to="lab_cve_LettersOfCreditIssuedAsSecurityForPerformance" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NumberOfCommonSharesIssuedUnderStockOptionsPlan_01a03970-a0f5-7b91-8ab6-bc970f15f776_terseLabel_en-US" xlink:label="lab_cve_NumberOfCommonSharesIssuedUnderStockOptionsPlan" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Issued Under Stock Option Plans (in shares)</link:label>
    <link:label id="lab_cve_NumberOfCommonSharesIssuedUnderStockOptionsPlan_label_en-US" xlink:label="lab_cve_NumberOfCommonSharesIssuedUnderStockOptionsPlan" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Common Shares Issued Under Stock Options Plan</link:label>
    <link:label id="lab_cve_NumberOfCommonSharesIssuedUnderStockOptionsPlan_documentation_en-US" xlink:label="lab_cve_NumberOfCommonSharesIssuedUnderStockOptionsPlan" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number of common shares issued under stock options plan.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NumberOfCommonSharesIssuedUnderStockOptionsPlan" xlink:href="cve-20260930.xsd#cve_NumberOfCommonSharesIssuedUnderStockOptionsPlan"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NumberOfCommonSharesIssuedUnderStockOptionsPlan" xlink:to="lab_cve_NumberOfCommonSharesIssuedUnderStockOptionsPlan" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfReportableSegmentsLineItems_01a03970-a0f5-77c9-a607-a6a00b12deee_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfReportableSegmentsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Reportable Segments [Line Items]</link:label>
    <link:label id="lab_cve_DisclosureOfReportableSegmentsLineItems_label_en-US" xlink:label="lab_cve_DisclosureOfReportableSegmentsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Reportable Segments [Line Items]</link:label>
    <link:label id="lab_cve_DisclosureOfReportableSegmentsLineItems_documentation_en-US" xlink:label="lab_cve_DisclosureOfReportableSegmentsLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of reportable segments.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfReportableSegmentsLineItems" xlink:href="cve-20260930.xsd#cve_DisclosureOfReportableSegmentsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfReportableSegmentsLineItems" xlink:to="lab_cve_DisclosureOfReportableSegmentsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfExplorationAndEvaluationAssetsExplanatory_01a03970-a0f5-785d-852a-b3359778371d_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfExplorationAndEvaluationAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">EXPLORATION AND EVALUATION ASSETS, NET</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfExplorationAndEvaluationAssetsExplanatory_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfExplorationAndEvaluationAssetsExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of exploration and evaluation assets [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_DisclosureOfExplorationAndEvaluationAssetsExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_DisclosureOfExplorationAndEvaluationAssetsExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_DisclosureOfExplorationAndEvaluationAssetsExplanatory" xlink:to="lab_ifrs-full_DisclosureOfExplorationAndEvaluationAssetsExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_AverageContractFinancialTerm_01a03970-a05a-7d05-b42f-79cfe83fecce_terseLabel_en-US" xlink:label="lab_cve_AverageContractFinancialTerm" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Average contract financial term</link:label>
    <link:label id="lab_cve_AverageContractFinancialTerm_label_en-US" xlink:label="lab_cve_AverageContractFinancialTerm" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Average Contract Financial Term</link:label>
    <link:label id="lab_cve_AverageContractFinancialTerm_documentation_en-US" xlink:label="lab_cve_AverageContractFinancialTerm" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Average Contract Financial Term</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_AverageContractFinancialTerm" xlink:href="cve-20260930.xsd#cve_AverageContractFinancialTerm"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_AverageContractFinancialTerm" xlink:to="lab_cve_AverageContractFinancialTerm" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_DisclosureOfExplorationAndEvaluationAssetsTable_01a03970-a0f5-747b-9a05-acc255c936a3_terseLabel_en-US" xlink:label="lab_cve_DisclosureOfExplorationAndEvaluationAssetsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure Of Exploration And Evaluation Assets [Table]</link:label>
    <link:label id="lab_cve_DisclosureOfExplorationAndEvaluationAssetsTable_label_en-US" xlink:label="lab_cve_DisclosureOfExplorationAndEvaluationAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure Of Exploration And Evaluation Assets [Table]</link:label>
    <link:label id="lab_cve_DisclosureOfExplorationAndEvaluationAssetsTable_documentation_en-US" xlink:label="lab_cve_DisclosureOfExplorationAndEvaluationAssetsTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Disclosure of exploration and evaluation assets.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_DisclosureOfExplorationAndEvaluationAssetsTable" xlink:href="cve-20260930.xsd#cve_DisclosureOfExplorationAndEvaluationAssetsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_DisclosureOfExplorationAndEvaluationAssetsTable" xlink:to="lab_cve_DisclosureOfExplorationAndEvaluationAssetsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_EarningsPerShareExplanatory_01a03970-a0f5-74ba-8c2b-1ab4d5bcdcc8_terseLabel_en-US" xlink:label="lab_ifrs-full_EarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule Representing Per Share Amounts</link:label>
    <link:label id="lab_ifrs-full_EarningsPerShareExplanatory_label_en-US" xlink:label="lab_ifrs-full_EarningsPerShareExplanatory" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earnings per share [text block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_EarningsPerShareExplanatory" xlink:href="https://xbrl.ifrs.org/taxonomy/2025-03-27/full_ifrs/full_ifrs-cor_2025-03-27.xsd#ifrs-full_EarningsPerShareExplanatory"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_EarningsPerShareExplanatory" xlink:to="lab_ifrs-full_EarningsPerShareExplanatory" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_NumberOfCommonSharesMarketDistributedAmount_01a03970-a05b-78d5-8798-8dc690861801_terseLabel_en-US" xlink:label="lab_cve_NumberOfCommonSharesMarketDistributedAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Distributed Under Employee Benefit Plan</link:label>
    <link:label id="lab_cve_NumberOfCommonSharesMarketDistributedAmount_label_en-US" xlink:label="lab_cve_NumberOfCommonSharesMarketDistributedAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Number Of Common Shares, Market Distributed, Amount</link:label>
    <link:label id="lab_cve_NumberOfCommonSharesMarketDistributedAmount_documentation_en-US" xlink:label="lab_cve_NumberOfCommonSharesMarketDistributedAmount" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Number Of Common Shares, Market Distributed, Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_NumberOfCommonSharesMarketDistributedAmount" xlink:href="cve-20260930.xsd#cve_NumberOfCommonSharesMarketDistributedAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_NumberOfCommonSharesMarketDistributedAmount" xlink:to="lab_cve_NumberOfCommonSharesMarketDistributedAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_cve_CanadianRefiningSegmentMember_01a07b0f-3e1d-773d-a1a2-80e8df3854c1_terseLabel_en-US" xlink:label="lab_cve_CanadianRefiningSegmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Canadian Refining Segment</link:label>
    <link:label id="lab_cve_CanadianRefiningSegmentMember_label_en-US" xlink:label="lab_cve_CanadianRefiningSegmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Canadian Refining Segment [Member]</link:label>
    <link:label id="lab_cve_CanadianRefiningSegmentMember_documentation_en-US" xlink:label="lab_cve_CanadianRefiningSegmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Canadian Refining Segment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_cve_CanadianRefiningSegmentMember" xlink:href="cve-20260930.xsd#cve_CanadianRefiningSegmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_cve_CanadianRefiningSegmentMember" xlink:to="lab_cve_CanadianRefiningSegmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable_01a03970-a05b-7a55-8e8d-90138e12997e_terseLabel_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [table]</link:label>
    <link:label id="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable_label_en-US" xlink:label="lab_ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [table]</link:label>
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