Cenovus CEO says Canada’s not competitive with the US, and pipeline delays have hurt investor confidence in the overall Canadian economy. bnnbloomberg.ca/trans-mountain…
Birchcliff CEO: It took The U.S. eight years to do what Canada's energy did in a century. Concerns for Canadian competitiveness continue to grow bnnbloomberg.ca/commodities/vi…
RBC CEO: Investment outflow from Canada is happening in real time. Canada’s not competitive. jwnenergy.com/article/2018/4…
Enerplus CEO: Canada’s not competitive. Shifted from Canada to focus on US, with 90% of spending next year happening south of the border. business.financialpost.com/commodities/en…
CF Industries CEO: Canada’s not competitive. Head of nitrogen producer says “They’re doing things that are really anti-business and make it very difficult for us to want to spend money in that particular area.” bloomberg.com/news/articles/…
Investment Bank CEO: Federal and provincial regulatory burdens have hurt the (energy) sector’s competitiveness. We’re losing investment and people to the USA. bnnbloomberg.ca/capital-flight…
Scotiabank CEO: Canada’s not competitive. “I’m concerned about the resource-based economy and access to tidewater for our product,” “The differential in Western Canadian crude is big.” business.financialpost.com/commodities/en…
Canoe Financial Portfolio Manager: Canada’s not competitive. Despite higher global prices Canadian oil and gas is selling at a massive discount. bnnbloomberg.ca/commodities/vi…
Akita Drilling: Canada’s not competitive. “In the United States, the drilling industry is stronger and more active than in Western Canada.” Another rig moved south with 25% utilization in Canada compared to 88% utilization in its U.S. fleet. jwnenergy.com/article/2018/1…
Ask @WBrettWilson: Canada needs leadership to maximize the value of our resources, which benefits all Canadians. We’re currently not competitive and #BillC69 will make matters worse. bnnbloomberg.ca/commodities/vi…
Total Energy Services closing 5 branches in western Canada as a result of "continued weakness in drilling and completion activity combined with higher labour, fuel and utility costs arising from regulatory changes in Alberta." Canada’s not competitive jwnenergy.com/article/2018/1…
World Bank ranks Canada 34th out of 35 developed economies for the time it takes to get regulatory approval through the system. Canada’s not competitive. nationalpost.com/opinion/john-i…