Canadian Market Analysis (Con’t) --Source: Statistics Canada, Preston Estimates

摘要

According to a new study by the Fraser Institute, insufficient pipeline capacity costCanada’s energy sector $20.6 billion — or 1% of the country’s economy — in missed revenuesin 2018. The lack of transportation capacity has widened the differential between US &Canadian crude and has kept Canadian drillers from investing in resource development. Areview of the scorecard finds that the Northern Gateway and Energy East projects have beencancelled and the Trans Mountain expansion, Line 3 replacement and Keystone XL pipelineremain mired in delay.