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Dear John,
A new Fraser Institute study released today compared “investor assessments” (a good indicator of profitability) of Canadian and U.S. oil and gas companies from 2011 to 2021.
It found that over this 11-year period, oil and gas investors increasingly favoured the U.S.
Government policies are partly to blame: Canada's higher taxes, more regulation, and lack of pipeline capacity encouraged oil and gas investors to divert investments to the United States. And, absent policy change in Canada, this trend will continue.
Check out the full study here, and be sure to help us spread its findings far and wide.
Stay safe,
Niels Veldhuis
President
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