Article 40ZM3 Little hope seen for oilpatch activity growth as steep price discounts continue

Little hope seen for oilpatch activity growth as steep price discounts continue

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B88411620Z.1_20181016181712_000_GSIC4RJ5

The Canadian oil and gas sector is in a holding pattern in which spending and production growth can't occur until new ways to get products to export markets are found, according to CIBC analyst Jon Morrison.

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