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Varcoe: Conflicting currents across oil and gas sector as Canadian energy projects prepare to set sail

"There's still good evidence in the survey that people want to see action and aren't fully convinced yet" says ATB analyst

A new survey of Canadian oil and gas executives highlights two curious and conflicting currents.

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On one side, most industry players surveyed by ATB Cormark Capital Markets last month are encouraged by a series of federal policy changes affecting the Canadian energy sector. They overwhelmingly anticipate an ambitious slate of proposed projects, including the Pacific Link oil pipeline to the southern British Columbia coast, will move forward.

Varcoe: Conflicting currents across oil and gas sector as Canadian energy projects prepare to set sail Back to video

Yet, the same group of executives sees federal policy as the greatest risk for the sector in the next three to five years.

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