Canadian oil Trump’s presidency could benefit Canada’s oil industry in no small way, one commodity investment adviser has told the Globe and Mail. According to Tim Pickering, Trump’s ambition to put a stop to imports from OPEC and make the U.S. self-sufficient in terms of energy is exactly what would help Canada’s struggling oil economy. If Trump stays true to his promise for energy independence, it won’t happen overnight, and the most logical alternative to OPEC imports would naturally be Canada. The U.S.’ northern neighbor has suffered a serious economic slowdown because of the international oil price rout. Canada’s latest GDP reading for August revealed an uptick of 0.2 percent , largely thanks to the recovery in oil prices as well as mining activity. However, it remains susceptible to further fluctuations in oil prices, which may be on the way as the OPEC meeting at the end of the […]