Wave of billion-dollar oilpatch deals a sign of bullish Canadian energy sector

A wave of high-profile mergers and acquisitions in the Canadian oilpatch is a sign of an industry that is flush with cash and increasingly confident in the short- and medium-term outlook for fossil fuels, experts say.

Wave of billion-dollar oilpatch deals a sign of bullish Canadian energy sector
A corporate sign is shown in front of an office skyscraper.

A wave of high-profile mergers and acquisitions in the Canadian oilpatch is a sign of an industry that is flush with cash and increasingly confident in the short- and medium-term outlook for fossil fuels, experts say.