This week, FP Video examines why the Bank of Canada is not rushing to rescue the real estate market and how high oil prices affect the Canadian dollar. Video correspondent Daniel Trainer goes behind the scenes at the Global Energy Show in Calgary, Canada's largest energy conference, and explains how Prairie-grown canola seeds are transformed into low-carbon diesel.
How Canola Becomes Diesel
Canola oil is no longer just for cooking. An increasing portion of Canada's most valuable crop is processed through crush plants, refineries, and renewable fuel systems to produce diesel with a lower carbon intensity. This creates a new link between Prairie farms and the nation's fuel supply.
Bank of Canada Not in a Rush to Rescue Housing
Royce Mendes, head of macro strategy for Desjardins Group, tells Financial Post's Larysa Harapyn that the Bank of Canada's policy will not respond to declining home prices anytime soon.
Canada's High Oil Price Conundrum
Karl Schamotta, chief market strategist at Corpay, explains why the Canadian dollar is weaker than expected despite high oil prices.
Networking and Dealmaking at Calgary's Global Energy Show
Behind the scenes at the Global Energy Show, businesses made connections and deals. Canada's largest energy conference hosted industry executives and political leaders from around the world. Foreign companies and investors are taking another look at Canada amid global instability and disrupted energy supplies. Watch to learn more about this renewed energy in Calgary.
