Canada’s Heavy Oil Has a Weird Doppelgänger: Venezuela
Canada and Venezuela produce remarkably similar oil — heavy, sour crude that only a small group of refineries can process. As Venezuela slowly re-enters global markets, it’s not about flooding supply. It’s about changing leverage. In a niche market, even the hint of new options can move prices, widen discounts, and quietly ripple into the Canadian dollar.
Trump’s Tariff Threat: Tremendously Troubling for Tension-free Trade.
Donald Trump’s threat to impose a 25% tariff on all Canadian imports has sparked concerns across industries, from automotive to agriculture. With Canada sending 75% of its exports to the U.S., this move could disrupt supply chains, weaken the Canadian dollar, and raise costs for businesses and consumers alike. Experts urge patience, but with Canada’s likely next prime minister, Pierre Poilievre, calling for decisive action and unity, businesses must prepare for volatility. Learn how tariffs impact your industry and how to plan ahead with smart strategies. Speak to your Dunbridge Financial representative today to safeguard your business.