Canada’s GDP grew 3.1% in the first quarter of 2022 as business investment and household consumption continued to boom while energy exports dragged, according to data released by Statistics Canada on Tuesday. The figure was in line with the Bank of Canada’s forecast but noticeably under market expectations. While COVID-19 … … READ MORE >
Canada
This week in energy: Jet fuel demand, oil and gas earnings, ESG metrics
In this week’s energy industry analysis, we take a look at the jet fuel demand landscape, fourth-quarter earnings reports for oil and gas companies, and the first oil and gas producer in North America to issue a sustainability-linked bond. … READ MORE >
This week in energy: Oil releases, Ukraine tensions, Canada investments
We take a look at the release of more oil from U.S. strategic reserves, the swing in natural gas prices amid tensions between Ukraine and Russia, and an anticipated spike in oil and gas investment in Canada. … READ MORE >
This week in energy: Global market turbulence, Canada’s oil outlook, energy transition
In this week’s energy industry analysis, we take a look at the energy market implications of unrest in Kazakhstan, a strong outlook for Canada’s 2022 oil production and the continued importance of environmental, social and governance issues in the energy transition. … READ MORE >
New entrants are changing the face of Canada’s telecom industry
Between the sheer number of licenses awarded and their higher quality, the summer 2021 spectrum auction was undoubtedly one of the most important events in Canadian telecom history and hugely important to improving connectivity across the country. … READ MORE >
This week in energy: Omicron & OPEC, Canada oil revenue, measuring ESG
We take a look at a variety of recent factors affecting oil prices, the oil revenue landscape in Canada and a new board that aims to create more consistency around measuring companies’ progress on ESG issues. … READ MORE >
Multi-family dwellings drive Canada building permit value up 8.2%
The value of building permits in Canada grew to CA$10.14 billion in September, an 8.2% increase compared to August, driven by the increasing value of multi-family residential permits, according to data released by Statistics Canada on Tuesday. … READ MORE >
This week in energy: COP26, Permian production, Canada Cabinet shuffle
In this week’s energy industry analysis, we take a look at priorities for the upcoming United Nations climate change conference, the recent production surge in the Permian Basin, and new Cabinet appointments in Canada. … READ MORE >
Canada GDP rose 0.4% in August as the economy reopened
The rise in spending on in-person services led the economic recovery, as August marked the first full month of most COVID-19 restrictions being lifted across the country. … READ MORE >
Canada retail sales climbed in August as in-person activities picked up
The rise in retail sales was led by food and beverage stores, where sales went up by 4.8%, clothing stores, up 3.9%, and gasoline stations, with 3.8% growth. … READ MORE >