RBC says government may have to accept short-term rise in oil production
The war in Ukraine has led to the largest commodity shock since the 1970s
Elevated commodity prices to boost earnings, balance sheets in 2022
The only immediate replacement for Russian energy is other fossil fuels, Moody's says
A Horizons survey also found strong sentiment for the loonie and Canadian equities more broadly
Government cuts fossil-fuel credits, offers new credits for critical mineral, carbon capture development
‘Big oil lobbyists have had their time on the field,’ says PM Trudeau
The EU imported about 2.3 million barrels of oil per day from Russia in 2021.
War impacts on other exports and higher costs for consumers will likely cancel out any benefits, a CIBC report says
Russia conflict to cut global GDP growth, boost inflation