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This week FP Video looks at what it takes to keep the pumps flowing at a local gas station in Alberta during a global energy crisis, whether the fortunes of Canada’s pipeline industry are at a turning point and why American citizens are flocking to Canadian real estate websites. Plus an economist fills us in on a possible labour crunch on the horizon as retirement numbers soar.
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Running a gas station during an energy crisis
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It might sound surprising, but this is not a good time for gas stations. When prices are high, it’s tougher to make a profit. So, how are they managing? Watch as FP Videos take you behind the counter at Gas King, a local station in Lethbridge, Alta., where fuel prices shape what people spend and how often they shop. Find out how this independent outfit keeps on truckin’.
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Canada’s pipeline industry at a turning point?
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Canada’s pipeline industry may be entering a new phase after years of delays and cancellations. South Bow’s proposed Prairie Connector line to the U.S., upgrades to Enbridge’s Mainline and possible Trans Mountain upgrades could add room for rising oil production. But industry insiders say timing will determine whether Canada avoids another pipeline crunch.
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Americans’ interest in Canadian real estate is spiking
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Phil Soper, president and chief executive at Royal LePage, talks to Financial Post’s Larysa Harapyn about why more Americans are scanning Canadian real estate sites during Donald Trump’s second term and how the real estate market is shaping up going into the summer.
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Labour crunch looms for Canada
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Nathan Janzen, assistant chief economist for Royal Bank of Canada, talks about the headwinds to come for the labour market as record numbers of Canadians retire.
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