AGP Executive Report
Last update: 33 minutes agoOil & Gas: Canada hit a new record for crude oil output in 2025, averaging 5.35 million barrels per day, with Alberta driving most of the volume (83.8%), followed by Saskatchewan (8.2%) and Newfoundland and Labrador (4.5%). AI & Power Demand: A Sturgeon Lake Cree Nation court challenge to Alberta’s proposed Wonder Valley AI data centre park spotlights the land, water and electricity strain behind “sovereign compute” plans, including the project’s planned 1.4-gigawatt off-grid power approach using natural gas and geothermal. Infrastructure & Defence: South Korea is ramping up diplomacy to win Canada’s next-generation submarine contract (up to $39.1B), as Ottawa is expected to pick a preferred bidder by month-end. Markets: Global investors leaned back into risk assets as the U.S. stayed hawkish, with Canadian retail sales also pointing to resilient demand. Policy & Cost of Living: Alberta’s $100 “Dani Dollars” energy rebate is set to reach 3.4 million residents, as the province moves to offset high fuel prices.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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