Biweekly, we round up news and analysis about three things going on in the energy industry that we think you should know about. Here’s the latest. … READ MORE >
Canada
Closing Canada’s output gap with a little help from its friends
While the American economy is expected to exceed its pre-pandemic projection by 0.2% this year, Canada is expected to undershoot by 3.2%. It is in every nation’s best interest to work for the success and health of all economies. … READ MORE >
CHART OF THE DAY: Rail deal is a sign of increasing North American economic integration
Canadian Pacific’s $25 billion deal to purchase Kansas City Southern would create the first railroad network covering Canada, Mexico and the United States. … READ MORE >
3 things to know in energy: OPEC+ cuts, U.S. oil exports to India rise, carbon trading in Canada
OPEC+ surprised some in the energy market with its recent decision to extend oil production cuts, the United States is now India’s No. 2 oil supplier, and Canada’s government is embarking on creating a federal carbon trading marketplace. … READ MORE >
RSM Canada Financial Conditions Index: Bank of Canada to remain accommodative
We anticipate that the Bank of Canada will maintain its overnight target rate of 0.25% and retain its current policy of accommodation in its announcement on Wednesday. … READ MORE >
3 things to know this week in energy: Texas’ grid, oil prices and Canadian crude-by-rail exports
All eyes remain on Texas and the state’s energy grid operator in the aftermath of a devastating winter storm, oil prices responded positively to the U.S. House passing a new COVID-19 relief bill, and Canadian crude-by-rail exports are rebounding after a rough 2020. … READ MORE >
Inflation-adjusted interest rates and investment in the future of Canada’s economy
A confluence of events and policy shifts has coalesced into a unique opportunity for the Canadian government and firms to make long-term strategic investments. … READ MORE >
Why Biden’s $1.9 trillion stimulus package would be a boon for Canada
Joe Biden’s proposed $1.9 trillion fiscal aid package would not only provide a significant stimulus for the United States, but it would also have a big effect on the Canadian economy. … READ MORE >
Trade holds the key to Canada’s economic fortunes
Canada could see a major and much-needed boost if the U.S. joins the Trans-Pacific Partnership given the degree of interdependence between the United States and Canada. … READ MORE >
Looking forward: Canada’s economy in 2021
Canadian output is likely to expand by roughly 4 per cent in 2021 and 2022. While this is solid, the Canadian economy is not likely to reach its full capacity to produce until 2023. … READ MORE >