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 >
Canada
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 >
Canada manufacturing sales hit new high amid rising energy demand
Middle market businesses in manufacturing not experiencing supply chain issues will benefit from high demand, while others will see industrial product price increases. … READ MORE >
Canada’s employment is back to pre-pandemic levels
Canada added an encouraging 157,000 jobs in September, bringing its total employment to just over the February 2020 level. … READ MORE >
3 things to know in energy: Surging prices, Permian Basin shifts, Canada’s election
Examining the crunch caused by surging energy prices and decreased suppply, how shifting assets in the Permian Basin might affect the industry, and what the results of Canada’s federal election might mean for the energy policy. Here’s the latest. … READ MORE >
3 things to know this week in energy: Major cyberattack, oil deals, pipeline permits
Biweekly, we highlight three things going on in the energy industry that we think you should know about. This week’s top item is the Colonial Pipeline ransomware attack. Plus, we look at oilfield deal announcements and tensions around a pipeline that runs across Wisconsin and Michigan to Ontario. Here’s the latest. 1. Midstream pipeline cyberattack … … READ MORE >
CHART OF THE DAY: A resurgent pandemic in Canada
More than 8,760 new cases are being reported each day as this latest surge of infections closes in on the levels of the post-holiday second wave. … READ MORE >