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TCANF - Oil Price War: Opportunity In Canadian Oil Equities
TransCanada Corp 1st Pfd Ser 5
Devastation in the oil market is headline news, as oil prices fall by the most since 1991 in response to the failure of OPEC+ and an oil price war by Saudi Arabia. Oil producer equities were already down almost 50% year to date, and are likely to fall further in response to the news of the Saudi price war.
Over the weekend I was already getting calls, emails and texts asking about likely opportunities amidst the carnage. One in particular comes to mind: Canadian oil producers. Why not just buy an