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HPI Market Data Book 2026: Global construction – Americas
Capex is concentrated in gas processing and LNG in the US, while in Canada the reverse is true
Canadian producers positioned to ride out the downcycle
The country’s upstream players have demonstrated resilience to low oil prices and are well positioned to prosper despite a volatile market
Canada's oil growth optimism
Companies are bullish despite combined effect of market volatility, tariff threats, regulatory issues and midstream constraints
Canada’s Asian pivot faces hurdles
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
Alberta’s energy hub sees silver lining
US tariffs bolster Alberta’s Industrial Heartland exports to Asia
Gas should fare better than oil under Canada’s new regime
The new federal government appears far more supportive of oil and gas than former prime minister Justin Trudeau’s climate-focused administration, but the prospects look better for the latter hydrocarbon
Indigenous opposition may slow Canadian fast-track
Federal and provincial governments have passed legislation to speed the development of hand-picked projects, but failure to win Indigenous support may stymie their plans
Canada enters the global LNG race
Owing to social, political and geographical factors, Canadian LNG projects are a complex proposition versus competing facilities on the US Gulf of Mexico
Energy NL upbeat on Newfoundland despite industry doubts
CEO argues the upstream potential remains huge as analysts question future oil production for Canadian province’s offshore industry
Canada’s energy superpower ambition
The new government is talking and thinking big, and there are credible reasons to believe it is more than just grandstanding
Canada Petrochemicals
Vincent Lauerman
Calgary
16 October 2020
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Plastics ban hits Alberta’s gas strategy

Federal measures to limit plastics pollution could frustrate the province’s petchems plans

Ottawa has rained on Alberta’s parade again. The federal government announced a series of measures in early October intended to counter plastics pollution, including a national ban on six single-use plastic items. The news came only a day after Alberta released its much-anticipated Natural Gas Vision and Strategy, two of the five pillars of which are a massive expansion of petrochemical manufacturing in the province and the establishment of Alberta as the “centre of excellence for plastics recycling” in western North America by 2030. Alberta’s vision and strategy Alberta’s gas industry has fallen on hard times since the US shale gas revolution took off in the mid-2000s. Gas production in the

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