Canada’s oil patch booked three consecutive years of hefty losses after the oil prices crash in 2014. This year, the industry is set to post a very slim gross profit—the first profit in four years. Despite the expectation that the tide is finally turning for Canada’s oil producers, significant challenges remain, with constrained pipeline capacity and limited capability to expand export markets the biggest of them all, the Conference Board of Canada said in a report last week.
Tag Archives: Canada
Canada Trims Pipeline Reviews as Oil Patch Says Details Missing The government will replace the existing system with a pair of agencies and shorten maximum review times to 600 days from 720 days. Rigzone Full coverage
Look who came for a visit!!! Our Gr. 12 student Taylor Kirwan stopped by this morning with the bronze medal she won at the U18 female World Championship in Russia last week. She spent a few hours sharing her experience and letting everyone check out her medal! We are all so proud of you Taylor!!!
Source: Gull Lake School