What is the fiscal health of the Canadian oil patch this year? It is a mixed diagnosis. While commodity prices, equity values and capital spending are weak, some of the key industry metrics – revenue and cash flow – are still relatively healthy at first glance. ARC’s “Fiscal Pulse” model tracks trends in product volumes, […]
Canadians have spoken, voting in a Liberal minority government on October 21. As the name implies, minority governments have less power since they need to collaborate with other parties to pass legislation. Minority governments are not a new phenomena on Parliament Hill. A recent example started in 2006, when the Conservative party led by Stephen […]
This week’s SnapChart compares US natural gas price – measured at Louisiana’s Henry Hub – to Western Canada’s AECO price. Alberta’s price has been choppy and weak compared to US pricing, especially outside of the higher demand winter months. Low-demand ‘shoulder season’ prices have averaged near $C 1.00/GJ or a 70 percent discount to […]
This week’s SnapChart plots the monthly sales of Electric Vehicles (EVs). Worldwide new EV sales stumbled in July, falling to the same level as last year. While the year-to-date sales are still above last year and one month does not make a trend, the rate of growth has noticeably slowed this year. Data on the […]
