AGP Executive Report
Last update: 5 hours agoStrait of Hormuz Watch: RBC Capital Markets is pouring cold water on hopes for a June reopening, arguing the “easy lever” for diplomacy doesn’t exist and that Iran’s IRGC would still try to control the chokepoint. LNG Momentum: Caturus has reached a positive final investment decision for Commonwealth LNG, locking in US$9.75B in financing and setting up full construction for a 2030 start. Canada Power Push: Ottawa and B.C. are lining up work to support a potential 2026 final investment decision for LNG Canada Phase 2, while Carney’s grid plan keeps the spotlight on doubling electricity capacity by 2050. EV Shift at Home: StatsCan says March zero-emissions vehicle sales jumped 74.7% year over year, with rebates and high gas prices doing the heavy lifting. Industrial Signals: StatsCan reports March manufacturing sales up 3%, led by petroleum and coal products. Gas Pain: Natural Resources Canada shows regular unleaded hovering near historic highs as summer travel approaches.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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