RE:RE:Seeking Alpha: Report on LIFVery good point. The impact will be indirect through IOC.
In 2007 i had a conversation with an x-IOC finance guy about the negative effect of the rising $Can. on IOC revenus. I do not recall the details other than it was negative. The rising selling price masked the negative effect of the rising $Can so there was little comment about it.
The recent capital investments probably involved a lot of $US, but that is behind us now, and IOC probably managed the need for $US very well anyway as they are very used to that sort of thing. The major expense in $US is now back to fuel, diesel, heating oil, and bunker, as usual. Fortunately that is going down while the $Can is rising.
IOC made it through the tough years in the 80s and 90s by good management, cooperation from the unions ( both forced and voluntary ), and superb product quality.
I am confident that that can happen again.