Nuclear Wars and Refinery Profits: Canada's Energy Landscape in Flux

Canada's nuclear industry is experiencing a revival, sparking a marketing battle between two major suppliers. AtkinsRéalis is promoting homegrown CANDU reactors, while Cameco and Brookfield are behind Westinghouse’s AP1000.

This 'nuclear race' has drawn parallels to the cola wars of the 1980s, with each supplier vying for dominance in Canada's nuclear market.

Meanwhile, Canadian refineries have never made more from diesel fuel, thanks to a phenomenon known as 'Crackageddon.'

The gap between what refineries pay for oil and what they get back for refined fuel is at record highs, with Imperial Oil’s renewable diesel facility in Strathcona, Alberta, being one of the beneficiaries.