Energy Boom vs. Trade War: Canada's Economy at a Crossroads

Canada's energy sector is firing on all cylinders, with the federal government removing federal environmental reviews of energy projects, including oil and pipelines. Energy Minister Tim Hodgson stated that oilsands producers now have what they need from Ottawa to boost production and fill major new pipeline capacity. This policy shift, combined with oil prices surging past $100 a barrel, has created a powerful tailwind for the energy sector.

The Bear Case

The...