December 12, 2025–Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)–With a low-end break-even price for drillers, below US$50 per barrel in some cases, Canadian energy companies expressed optimism for 2026, with both Cenovus and Suncor pointing to year-on-year production expansions.
The Canadian economy is struggling under the burden of tariffs. On Wednesday, the Bank of Canada opted to keep its lending rates stable, adding the economy was starting to show signs of recovery. Unemployment improved from a low of about 7.1% to 6.5% in November.
