Canada

摘要

Canada's oil and gas business has had a tumultuous year. Last Halloween, the federal finance minister proposed new rules that effectively ended tax benefits previously enjoyed by Canada's ubiquitous trusts. Wage inflation from myriad oil-sands projects in Alberta thrust labor costs skyward. Then, as rising finding costs intersected with startlingly low commodity prices, gas rig counts in Western Canada have skidded downward. Resource trusts are scrambling to reposition themselves and junior firms are struggling to hold value in the face of expensive capital and shrinking margins.