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Canada to lose $15-billion a year on Keystone, lack of oil pipeline capacity: CIBC


Blog by Brad Herman | April 4th, 2013


OTTAWA — Canada lost out on about $25 billion in oil revenues last year due to pipeline and production bottlenecks and is expected to lose $15 billion a year going forward until it deals with its infrastructure deficit, a new CIBC report says.
http://business.financialpost.com/2013/04/03/canada-oil-producers-losing-15-billion-a-year-keystone-cibc/?__lsa=1e67-2043