Global oil demand is expected to be around 90.8 million barrels a day in 2020.
Natural Resources
Ottawa’s federal carbon tax is set to hit $50 per tonne in 2022.
New refineries don’t get built very often in North America anymore.
Alberta has run nearly uninterrupted deficits since 2008/09.
The province remains in the bottom 30 per cent of ranked jurisdictions worldwide.
Closing the income gap with the rest of Canada will require Quebec’s government to work to attract more investment.
Bill C-69 will add more subjective criteria to an already onerous regulatory process.
The Notley government’s failure to restrain spending is quickly growing Alberta’s debt burden.
The oil price differential is largely due to Canada’s lack of transportation capacity and restricted market access.
Ottawa imposed new regulatory hurdles that led to TransCanada scuttling its Energy East project.
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