For many reasons it’s an understatement to say the relationship between Prime Minister Trudeau’s Government and Canada’s energy patch is strained. Now desperate for help from the effect of the twin punches of COVID-19’s demand shock and the supply jolt arising from the Saudi Russian price war, Canada’s energy sector has never been in such critical condition. Waiting for Ottawa’s promised life support program for the past month, Trudeau’s team finally delivered its first dose of medicine this past Friday. While it’s a far cry from the $30B bailout prescription the sector was seeking, the proposals appear to be an okay start, though as always, the devil will be in the details.
Alternative asset manager offering investment solutions that find a balance between asset protection and capital enhancement.
Alternative asset manager offering investment solutions that find a balance between asset protection and capital enhancement.