RE:RE:RE:Not a good time to own Canadian O&G, Under tariff circumstance , WTI will surge. 4 million barrels per day of oil import from Canada (and also quite a lot from Mexico) is difficult to be replaced by OPEC, etc. I wonder if there are enough tankers and port facilities to do the job.
PLUS , the CDN dollar will have a chance to break 0.65US, probably right to 0.6US. This translates to higher oil prices in C$.
Impact will not be too great IMO. And Cdn-only mutual funds will dump most Cdn stocks. Oil stocks will be relatively safe, as they earn US$ based oil prices.
Just my speculative opinion.