Canadian Energy Companies Benefiting From Global Turbulence

The world is going through a lot of chaos right now. From a war in Ukraine to a looming recession back home, people are struggling to live as normal. But through this all, the biggest Canadian energy stocks are getting stronger. Why is this and should you invest?

Before getting into the specifics of the stock market and why commodities are benefiting, it is important to go through every global event that is having a major impact.

The glut of global turbulence

Russia’s Invasion of Ukraine

To start with, Russia’s invasion of Ukraine is the most obvious factor in global turbulence at the moment. The world was not ready to deal with such an invasion. Negotiations were expected to keep Russia from choosing this approach, considering what they would have to lose. Massive sanctions would cripple Russia’s economy, and a war would not seem worth it.

However, they went ahead and global sanctions went into place. Unfortunately, these sanctions do not only affect Russia. Rather, they impact just about every other country as well. Russia bears the biggest brunt, but without the resources they provide to other
countries, the world is struggling to cope.

This is hurting developing countries more than any other, as they do not have the resources to spend on low supplies of energy in high demand. Locals are paying the price, with costs rising dramatically. However, developed nations are struggling as well, including the US and Canada. We’re seeing record high inflation that is making life difficult for everyone. We may face shortages if this war continues for much longer.

China’s COVID Lockdowns

While it has started to feel like COVID is finally over, China has been implementing new lockdowns to control another wave. This has led to a low supply of goods coming from China, impacting trade around the world at a time in which supply of almost every
commodity is low.

It’s not just the lack of production on Chinese shores that is impacting the rest of the world. The reality they are going through is causing a lot of unease. The pandemic started there, after all, and their inability to contain it led to the events of the past two and a half years. Fears that they will trigger a new wave with disastrous consequences are not unfounded.

Supply-chain issues caused by the pandemic around the world have still not returned to normal. If lockdowns go into place globally, these issues will get worse once again and it will be even more difficult to recover.

Global Recession

The threat of a global recession that rivals the Great Recession is looming over us. In the US, out-of-control inflation in spite of high interest rates, along with highly overvalued properties, are driving fears.

Whether a recession will occur and how bad it will be is impossible to determine at this point. But the potential is causing people to make decisions with huge financial consequences. This leaves us all the more at risk of chaos.

In this context, why are the biggest Canadian energy companies benefiting? What does this mean for stock traders?

Energy is in high demand

The above events have all impacted the supply of many commodities. Whether it is due to sanctions or lockdowns in China, it is becoming extremely difficult to get hold of just about any consumables. However, there is nothing in higher demand than energy.

Energy is by far Russia’s biggest export. Russia is also one of the biggest exporters of energy in the world, especially when it comes to crude oil. For this reason, sanctions are not all-encompassing. Many European countries simply cannot function without importing Russian energy.

The same is not true for the US, who have been able to cut off all energy imports from Russia. But it is still not comfortable, and all kinds of energy are in high demand.

This is particularly good for the biggest Canadian energy companies. One of the reasons the US can survive without importing Russian energy is due to the supply of energy from Canada. With such high demand, and supply that is limited to an extent, the price of
Canadian energy has risen rapidly.

The strength of the US dollar

With all of that being said, you may be wondering why Canadian energy companies are benefiting so much while US companies are not having as much luck. This has a lot to do with the strength of the US dollar.

The US dollar is considered a safe haven currency. It tends to stay strong regardless of what is happening in the world. This becomes a self-fulfilling property, as currency traders flock to buy US dollars in times of trouble, causing it to strengthen in spite of economic downturns.

China’s difficulties also boost the US currency, as traders turn to the US to import goods unavailable during China’s lockdowns.

The strength of the US dollar is, at least in the short term, great for Canadian energy companies. With demand for their energy in the US higher than ever, they are receiving US dollars that are particularly strong and have more buying power in Canada. The biggest Canadian energy companies are therefore flying higher than their US counterparts, who are earning the same dollars which, due to high inflation, have lower buying power than before.

Of course, this is a double-edged sword. Right now, the strength of the US dollar is great for Canadian energy companies. But over time it will start to impact the cost of all imports from the US, increasing the expenses these companies face and cancelling out any benefits.

Should you invest in Canadian energy stocks?

Bringing this back to the buying and selling of commodities on the stock market, is this the perfect time to invest in the biggest Canadian energy stocks? While it may seem so, the answer is a little more complicated than you might think.

The problem with the current strength of Canadian energy companies is that it is caused by factors that are supposed to be temporary. Sanctions on Russia are not meant as a punishment for their crimes. Rather, they are in place to put pressure on Russia to end the war before their economy collapses and they are bereft of necessary resources.

It is either that or the rest of the world capitulates due to an inability to cope with the rebound effects of the sanctions. Either way, Russian energy exports go back to normal and the price of Canadian energy stocks drops significantly.

The same is true when it comes to China and its COVID lockdowns. They may be driving up the price of the US dollar right now, but things will soon get back to normal. China’s approach of implementing harsh lockdowns ensures that they last the minimum amount of time. This is already happening, with China’s economy just experiencing its best month since February.

This is not to say that Canadian energy stocks are a bad investment. But, if you are to invest in these stocks, you need to be prepared to watch the market carefully. Things can change in an instant, and you can see your investment lose its value.

Todayville Content Team

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Todayville Content Team works with a wide variety of clients to develop compelling content solutions. Our experienced team develops strategic campaigns that use video and storytelling, digital advertising and social media to help our clients position and distinguish themselves in the market.

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Canada is very sports-loving and multicultural and every one of its regions has its own sporting culture and fans. Read on to take a trip from Alberta’s ice rinks to Ontario’s basketball courts and have a look at Canada’s most favored sports region-wise, paying particular attention to Red Deer.

British Columbia

British Columbia is renowned for its love of traditional and adventure sport and although hockey is always a staple of the province, due to the Vancouver Canucks’ loyal fan base, BC’s natural landscape means that it is a haven for outdoor sport enthusiasts. Skiing and snowboarding thrive in Whistler, one of the world’s premier winter sports resorts. Soccer, mountain biking and hiking dominate in the summer, with Vancouver’s mild climate allowing for year-round sporting activity. Lacrosse, BC’s official provincial sport, is also incredibly popular, particularly at the youth level.

Ontario

While hockey has been a staple for a long time, with the Toronto Maple Leafs leading one of the NHL’s flagship franchises, basketball has become more popular, in part because of the success of the Toronto Raptors. The Raptors’ 2019 NBA title win contributed to the province’s enthusiasm for the sport and basketball courts are now common across urban and suburban landscapes as is basketball betting on Ontario sportbooks platforms. Soccer is also a big sport in Ontario, as Toronto FC draws large numbers in Major League Soccer. Baseball is also well-represented by the Toronto Blue Jays and a strong minor league system.

Red Deer Region

Red Deer, in central Alberta, is a sports hub with a very very rich sporting history in hockey, rodeo, and so many other sports. Hockey, in particular, is a very deeply ingrained aspect of local culture, with minor hockey programs that are rich sources of talented players for junior and professional ranks. The city also plays host to premier hockey tournaments that draw teams from across Canada. Rodeo is undoubtedly also a massive aspect of Red Deer’s sporting culture, with events like the Canadian Finals Rodeo showcasing the city’s strong Western heritage. The city also has a developing soccer and football culture, with local leagues providing development for younger players. Red Deer’s proximity to the natural landscape also allows for the playing of sports like skiing, snowboarding and cycling, making it a well-rounded sporting region.

Alberta

Two of Alberta’s very most famous NHL franchises the Calgary Flames and Edmonton Oilers have bitter rivalries in pro hockey history. Albertans breathe hockey because of the regional climate and overall sports enthusiasm for the winter sport. Alberta has a strong rodeo heritage and it’s commemorated annually through the world-famous spectacle of the Calgary Stampede which really draws thousands of visitors annually. Football is a strong point in the province as Albertans follow both the CFL Edmonton Elks and Calgary Stampeders teams. The Canadian sport of curling has found immense success in all parts of Alberta because it is a major site for producing numerous national champions.

Saskatchewan

Saskatchewan has one of the most ardent fan bases in the CFL with the Saskatchewan Roughriders being hugely popular. Football culture is so very much ingrained in the province that Roughrider game days in Regina and Saskatoon are city-wide events. Hockey is also ingrained in Saskatchewan sports culture and many NHL players hail from the province. Saskatchewan’s community rinks are always super full, producing top talent for Canada’s hockey pipeline. Baseball has a small but consistent following as well, with competitive leagues operating all summer.

Manitoba

Hockey reigns supreme in Manitoba, due in large part to the loyal fan base of the Winnipeg Jets and with the cold winters and competitive provincial community leagues, hockey is a Manitoban way of life. Curling is also extremely popular in Manitoba and has yielded some of Canada’s finest curlers. Soccer has really been increasing in popularity in recent years, and with the introduction of Valour FC in the Canadian Premier League, Manitobans have another professional team to rally behind. The province also really proudly boasts a strong tradition of ringette, with youth leagues growing annually.

Quebec

Quebec has long been one of Canada’s hockey hotbeds, producing NHL legends and featuring a rich junior hockey footprint. That strong hockey heritage in the province is evident in teams like the Montreal Canadiens, who have one of the most dedicated fan bases in the sport. Soccer has really also taken off in popularity in Quebec, with CF Montreal competing in the up and coming Major League Soccer in Montreal. The province’s love of individual sports is also evident, with tennis and cycling gaining more popularity with young Quebec athletes. Winter sports like skiing and snowboarding are also hugely popular in the Laurentian and Eastern Townships regions.

Atlantic Canada

Junior leagues and community teams really define the hockey culture in the Atlantic provinces of Newfoundland and Labrador and the surrounding provinces of Nova Scotia and New Brunswick as well as Prince Edward Island. Professional basketball has become more popular in Atlantic Canada because of the Halifax-based professional team that competes in the Canadian Elite Basketball League. Sailing and rowing are popular water sports in the Atlantic coastal provinces of Newfoundland and Nova Scotia.

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The online casino industry is growing so fast, and the question of how to participate remains pertinent. In fact, according to recent statistics, the number of online gamblers is expected to hit 210 million in 2025. And, of course, it follows that players from regions like Calgary and Edmonton have contributed a lot to this growth.

However, just like any other industry, getting the right information is also important for online casino players. Realizing this, we have crafted an article that will enlighten you on a number of things, ensuring your gameplay is engaging. Therefore, you’ll actually do well to hang around.

Identify a suitable platform

A great online casino gaming experience all begins with choosing the right platform. But how do you ensure that it’s actually the right platform? Let’s take a look at a few factors.

Online security

No one wants to gamble on a platform that could expose them to attacks. And now that attacks are really becoming prevalent in this industry, you don’t want to turn a blind eye toward online safety. By the way, do you actually know that, according to experts, more than 70% of online casinos have been involved in security incidents just recently? You can imagine what things could be like in 2025, given that cybercriminals are ever-evolving.

But that should not leave you hopeless. Infrastructures like 2FA have really proven to be helpful. A popular statistic noted that this technology can prevent exposure to over 99.9% of targeted attacks and 96% of phishing attacks.

Other infrastructures that show a platform is secure include SSL encryption, firewalls and anti-fraud systems, among many others. Online casino platforms that integrate AI into their security efforts can also be good options.

Payment methods

You perhaps could be surprised to learn that GoCardless associates 30% of all churn to failed payments. As if that’s not enough, Testlio claims that more than six in ten customers likely stay loyal to brands with smooth, hassle-free payments. Assuming you were a game provider, would you ignore such a statistic? You probably wouldn’t because it would imply you don’t care about your customers’ preferences.

Similarly, platforms that pay attention to payment experience show they prioritize customer experience and could be worth your consideration. And one of the ways to guarantee this is by offering multiple payment methods.

That ensures that even if one fails, you have an ocean of other options to use. Plus, diverse payments also cater to multiple preferences. And, of course, if a platform goes a step further to localize these features, it can provide an even more engaging experience.

User-friendliness

Given that a single platform can offer even thousands of game variations, you want to use the minimum time to engage. But what about if navigating the platform becomes problematic? This can be frustrating, which only injures your gameplay. As such, a great platform will use features like logical hierarchy to improve the discoverability of games.

To further improve its friendliness, the platform will also want to cater to multiscreen consumers. And this is where the responsive design approach comes in. The website should work well even on smaller devices without needing you to pinch or zoom it. That way, you can always be sure of a great experience even when on the go.

Get started

Once you have examined these factors, it’s time to play. Most casinos will provide you with the option of either downloading their apps or participating instantly. For most platforms, you’ll need to sign up or register by providing some basic information like your name, email address and so on. Always ensure that these details are as accurate as possible.

This normally comes in handy for stricter platforms that may require you to verify your details. For instance, some may need players to upload copies of their IDs, passports or even driver’s licenses. Remember, gambling restrictions are becoming tighter by the day, and such measures can really help reduce fraud. Once all this is done, go ahead and fund your account.

Navigating the online casino lobby and playing responsibly

The casino lobby is where all the magic happens. You’ll find a wide variety of games, from classic slots and table games to live dealer games that bring the casino floor to your screen. Use the search bar or filters to find your favorite games, or try something new—many casinos offer free demo versions so you can practice before betting real money.

If you’re a fan of slots, look for games with high RTP percentages and exciting bonus features. For table game enthusiasts, check out different variations of blackjack, poker, and baccarat. And if you’re looking for a more immersive experience, live dealer games are the way to go. By streaming in real-time with professional dealers, these games actually make you feel like you’re in a real casino.

But, of course, we can never fail to mention the need to ensure you gamble responsibly. Since gambling should be done purely for fun, you may want to set a budget before participating. Good enough, most platforms actually have features like deposit limits and self-excursion options to help you with this.

It actually is true that a lot goes into making for a great online casino experience. But even before you start, you want to ensure the platform is secure and has several payment options. On top of that, it should also be user-friendly.