Pipelines Quebec gets about 75% of its oil from Western Canada via Line 9 from Sarnia to Montreal: about 300kbpd. Quebec has about 400kbpd of refining capacity, with a Suncor refinery in Montreal East and, I think, a Valero? Refinery in Levis. The shortest distance for Western oil to reach tidewater, is through BC or Alaska. Check a map and use a ruler. Some brainless tribal yahoo was ranting about Quebec and Equalization payments. Quebec receives nothing directly from Alberta or the other have provinces. Some other have-not provinces get more, per capita. The money comes from federal revenues collected via income taxes, etc. Because average incomes in Alberta are higher Albertans pay a little more in federal taxes. This is to furnish a reasonably comparable level of services across this beautiful country. Legault was a co-owner of Transat and a practical businessman, not a left wing eco nut. The energy situation is different in every province and each province or American state, has to play the hand they are dealt.
The oil price is holding up in the 60's, with 2/3 of Q2 already over. Should be a very good Q2 earning with a lot of FCF.