Description: Capital keeps marching out of Canada’s oil industry, with Kinder Morgan Inc.’s sale of its remaining holdings in the country on Wednesday adding to more than $30 billion of foreign-company divestitures in the past three years.
Date: Aug 21, 2019
Questions for discussion:
- What is happening in the Canadian oil industry?
- Why are foreign firms “bailing”?
- What would you advise investors at this time?