Canadian Market Analysis --Source: Statistics Canada, Preston Estimates

摘要

Acknowledging the effect on the economy of the slow oil and gas industry, the CanadianCentral Bank changed directions and left interest rates alone at its most recent meeting.Albertans are encouraged by the recognition that oil is important to the country as that provincehas suffered from the inability to get sufficient pipeline capacity built to accommodate growingproduction and to facilitate diversification of its buyers. Will it really make a difference?Unknown but the signs are not promising. Keep in mind that the Canadian federal governmentpurchased a pipeline the expansion of which remains mired in the approval process.