Russia conflict to cut global GDP growth, boost inflation
Excluding gas, up 32.3%, February inflation would have been 4.7%
Energy price shock isn't likely to be a catalyst for recession
The premier is under attack despite a booming economy and a healthy budget
The U.S. imported almost 700,000 barrels per day of crude oil and petroleum products from Russia in 2021
The Canadian dollar's fortunes are more tied to interest rates
The surplus is another pendulum swing for a province that for decades has been riding the dizzying highs and subterranean lows of oil and gas prices
Europe receives close to 40% of its natural gas from Russia
Higher world oil prices the primary effect for Canadian economy, policy
In the worst-case scenario, oil prices could skyrocket