With media headlines surrounding President Trump's meeting with energy CEOs last week and tomorrow's meeting between OPEC and its allies to discuss supply cuts, midstream investors could have easily missed notable developments from our northern neighbors in recent weeks. With Canadian C-Corps now representing the largest portion of the North American energy infrastructure universe by market cap (read more), thanks to defensive performance this year, Canadian macro and micro headlines bear watching. Today's piece updates Canadian midstream performance and explains why Canadian midstream has outperformed its US peers.
The chart below compares the