The ongoing US-Iran conflict has created a complex and mixed picture for Canada, a major oil exporter navigating both the benefits and costs of elevated energy prices. In this episode of Fixed Interests, Joshua Grundleger and Mark Sadeghian discuss Fitch's updated oil price forecasts and what the shock means for Canada's sovereign credit profile, energy sector, and provincial finances. The conversation examines diverging outcomes across the country, from Alberta's fiscal windfall to the headwinds facing Ontario and Quebec, and considers whether the Carney government's infrastructure and regulatory reforms could meaningfully shift Canada's long-term energy growth trajectory.
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From global macroeconomic trends to impacts on the credit markets to regulatory and political changes, Fixed Interests delivers your economic update in 15 minutes or less.