Canadian firms’ inflation outlook eased after Iran ceasefire, BoC survey finds

The war in Iran caused a spike in Canadian inflation expectations and is leading the country’s oil producers to boost their investment and production plans.

Canada’s announcement last week that Trans Mountain Corp. will build a 1 million-barrel-a-day oil pipeline along the government-owned company’s existing Alberta-to-British Columbia route is rekindling Indigenous interest in acquiring a stake in the company.

The 500,000 barrel a day pipeline project would connect crude oil production in the prairies with domestic refineries in Ontario

A group of hedge fund veterans is helping drive a fundamental shift in how to generate financing for developing nations.