Tough times lie ahead for Canada’s oil patch

In the long history of Canada’s E&P sector, there have been few periods when the outlook for Canadian producers has been as miserable as it is in 2016. Coming off a year that saw the Toronto Stock Exchange’s main energy index fall close to 30%, amid reduced spending and layoffs, opportunistic fear-mongering continues, as does the ridiculous and damaging demonization of pipelines, much of it within Canada.

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