Don't assume a boom
Low investment in oilpatch continues
The price of oil reached historic highs in March 2022 on the heels of geopolitical unrest between Russia—the world’s top exporter of oil and crude products—and Ukraine, breaching $126 USD per barrel at one point before dropping back. Historically, the Canadian dollar should have risen along with the barrel price, but this time around the loonie showed l…
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